MediaAlpha (NYSE:MAX) Issues Earnings Results, Misses Estimates By $0.16 EPS

MediaAlpha (NYSE:MAX) issued its quarterly earnings data on Monday. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.16), Zacks reports. MediaAlpha had a negative return on equity of 11.98% and a net margin of 1.41%. MediaAlpha updated its Q1 2025 guidance to EPS.

MediaAlpha Stock Up 0.4 %

Shares of MediaAlpha stock opened at $11.45 on Tuesday. The firm has a market cap of $763.30 million, a price-to-earnings ratio of 67.35 and a beta of 1.12. The business has a fifty day simple moving average of $11.54 and a 200-day simple moving average of $14.35. MediaAlpha has a fifty-two week low of $10.21 and a fifty-two week high of $25.78.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MAX. Royal Bank of Canada lowered their price objective on MediaAlpha from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Wednesday, December 4th. The Goldman Sachs Group decreased their price target on MediaAlpha from $26.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Keefe, Bruyette & Woods decreased their price target on MediaAlpha from $26.00 to $22.00 and set an “outperform” rating for the company in a research note on Wednesday, December 11th. Canaccord Genuity Group decreased their price target on MediaAlpha from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co. decreased their price target on MediaAlpha from $25.00 to $15.00 and set an “overweight” rating for the company in a research note on Friday, January 10th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

MediaAlpha Company Profile

MediaAlpha, Inc, through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.