The growth track for SEMrush Holdings Inc (SEMR) has changed recently

With 0.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $15.96 whereas the lowest price it dropped to was $15.47. The 52-week range on SEMR shows that it touched its highest point at $15.80 and its lowest point at $7.21 during that stretch. It currently has a 1-year price target of $16.08. Beta for the stock currently stands at 1.63.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SEMR was up-trending over the past week, with a rise of 2.02%, but this was up by 31.63% over a month. Three-month performance surged to 29.67% while six-month performance rose 78.09%. The stock gained 80.76% in the past year, while it has gained 14.86% so far this year. A look at the trailing 12-month EPS for SEMR yields 0.09 with Next year EPS estimates of 0.37. For the next quarter, that number is 0.07. This implies an EPS growth rate of 139.13% for this year and 33.94% for next year.

Float and Shares Shorts:

At present, 120.63 million SEMR shares are outstanding with a float of 39.55 million shares on hand for trading. On 2024-04-30, short shares totaled 2.35 million, which was 162.0 higher than short shares on 1711584000. In addition to Mr. Oleg Shchegolev as the firm’s Co-Founder, CEO & Director, Mr. Dmitry Melnikov serves as its Co-Founder & Director.

Institutional Ownership:

Through their ownership of 0.49199 of SEMR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, SEMR reported revenue of $85812000.0 and operating income of $1468000.0. The EBITDA in the recently reported quarter was $3206000.0 and diluted EPS was $0.01.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SEMR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.