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

MediaAlpha (NYSE:MAX) posted its earnings results 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 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

MAX stock traded up $0.04 during midday trading on Monday, reaching $11.45. The stock had a trading volume of 676,604 shares, compared to its average volume of 380,730. The firm has a fifty day simple moving average of $11.53 and a two-hundred day simple moving average of $14.38. MediaAlpha has a 52-week low of $10.21 and a 52-week high of $25.78. The stock has a market cap of $763.26 million, a PE ratio of 67.35 and a beta of 1.12.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MAX shares. Royal Bank of Canada lowered their price target on shares of MediaAlpha from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Wednesday, December 4th. JPMorgan Chase & Co. lowered their target price 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. Keefe, Bruyette & Woods reduced their price target on MediaAlpha from $26.00 to $22.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 11th. The Goldman Sachs Group lowered their price objective on MediaAlpha from $26.00 to $23.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Canaccord Genuity Group reduced their target price on MediaAlpha from $30.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, MediaAlpha currently has an average rating of “Moderate Buy” and a consensus target price of $21.00.

About MediaAlpha

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.