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

MediaAlpha (NYSE:MAX) announced its earnings results on Monday. The company reported $0.08 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 Trading Up 0.4 %

Shares of MAX stock opened at $11.45 on Tuesday. The stock has a 50 day moving average of $11.54 and a two-hundred day moving average of $14.35. MediaAlpha has a 12 month low of $10.21 and a 12 month high of $25.78. The company has a market capitalization of $763.30 million, a P/E ratio of 67.35 and a beta of 1.12.

Wall Street Analyst Weigh In

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