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

MediaAlpha (NYSE:MAX) released its earnings results 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 net margin of 1.41% and a negative return on equity of 11.98%. MediaAlpha updated its Q1 2025 guidance to EPS.

MediaAlpha Stock Performance

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

Wall Street Analyst Weigh In

MAX has been the subject of several research reports. The Goldman Sachs Group cut their target price on MediaAlpha from $26.00 to $23.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. JPMorgan Chase & Co. reduced their target price on shares of MediaAlpha from $25.00 to $15.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Keefe, Bruyette & Woods decreased their target price on shares of MediaAlpha from $26.00 to $22.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 11th. Royal Bank of Canada cut their price target on shares of MediaAlpha from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Wednesday, December 4th. Finally, Canaccord Genuity Group reduced their price objective on MediaAlpha from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average 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.