Is GDRX stock a buy?

The consensus among 18 Wall Street analysts covering (NASDAQ: GDRX) stock is to Buy GDRX stock.

Is GoodRx overvalued?

And three stocks that are incredibly overvalued right now and that you should be extremely careful with are GoodRx (GDRX -5.02%), Twitter (TWTR -0.21%), and Carnival (CCL -2.23%).

Why is GoodRx down today?

GoodRx shares plummeted Tuesday after the company issued a disappointing earnings report and forecast. The company guided to revenue growth of 23% for the full year, well below analysts’ estimates. Trevor Bezdek, GoodRx co-CEO, said the impact of Covid-19 on the company’s business has been “greater than anticipated.”

Are prescription drug prices rising?

Prescription drug prices have also historically grown faster than the rate of inflation. Since 2014, drug prices have increased 35%, while the cost of all items and services has increased 21%.

Who uses GoodRx?

More than 70,000 pharmacies in the United States — including major chains like Costco, Kroger, Walmart, CVS, Rite Aid and Walgreens — will accept GoodRx. When you search GoodRx for your medication, you’ll see all of the pharmacies on the drug price page.

Is GoodRx undervalued?

Enterprise Value is likely to drop to about 12.7 B in 2022. GoodRx Holdings retains a regular Real Value of $16.91 per share. The prevalent price of the firm is $7.54. At this time, the firm appears to be undervalued….USD 7.54 0.04 0.53%

Low Next Value High
2.42 8.41 14.40

Who are GoodRx competitors?

GoodRx’s top competitors include Doctor on Demand, MDLIVE, Amwell and Teladoc Health. GoodRx is a company that provides a real-time market-intelligence platform to compare drug prices. Doctor on Demand is a mobile app providing access to doctors, psychologists, and other healthcare providers.

Did prescription prices go up in 2021?

A new analysis by market research firm 46brooklyn found that the median wholesale price for 645 brand-name medicines in the U.S. increased 4.8% on January 1, 2021, as pharmaceutical companies announced new drug prices for the beginning of the year.

Are drug prices going up in 2022?

A new analysis from the AARP Public Policy Institute finds drug companies have increased prices for many brand name Part D drugs in 2022, contributing to affordability challenges for people with Medicare.

How do I buy GoodRx stock?

How to buy shares in Goodrx Holdings Inc

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details.
  4. Research the stock.
  5. Purchase now or later.
  6. Check in on your investment.