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

MediaAlpha (NYSE:MAX) announced its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate 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 %

MediaAlpha stock traded up $0.04 during trading on Monday, hitting $11.45. The stock had a trading volume of 673,770 shares, compared to its average volume of 380,631. The stock has a market cap of $763.26 million, a price-to-earnings ratio of 67.35 and a beta of 1.12. MediaAlpha has a 1 year low of $10.21 and a 1 year high of $25.78. The stock’s 50 day moving average is $11.53 and its two-hundred day moving average is $14.38.

Wall Street Analysts Forecast Growth

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