MediaAlpha(MAX)

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Is MediaAlpha (MAX) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2024-08-19 14:45
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has MediaAlpha, Inc. (MAX) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. MediaAlpha, Inc. is a member of the Business Services sector. This group includes 316 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average Za ...
CATHLEEN RAFFAELI ELECTED TO RE/MAX HOLDINGS, INC. BOARD OF DIRECTORS
Prnewswire· 2024-08-19 12:36
Core Insights - RE/MAX Holdings, Inc. has appointed Cathi Raffaeli to its Board of Directors, effective August 19, 2024, succeeding retiring member Kathleen Cunningham [1][4] - Raffaeli brings over 25 years of board leadership experience in financial services, technology, and education, and will serve on the Compensation and Audit Committees [1][2] - The company emphasizes Raffaeli's impressive track record in driving growth and her strategic insight, which aligns with RE/MAX's goals [2] Company Overview - RE/MAX Holdings, Inc. is a leading global franchisor in the real estate industry, operating under the RE/MAX® brand for real estate brokerages and Motto® Mortgage for mortgage brokerages in the U.S. [5] - Founded in 1973, RE/MAX has grown to over 140,000 agents in nearly 9,000 offices across more than 110 countries, making it the largest real estate sales organization by total residential transaction sides [5] - Motto Mortgage, launched in 2016, is the first and only national mortgage brokerage franchise brand in the U.S., with over 225 offices in more than 40 states [5] Leadership Transition - Cathi Raffaeli succeeds Kathy Cunningham, who retired after nearly 11 years on the Board, during which she chaired the Audit Committee [4][5] - The company expressed gratitude for Cunningham's dedication and service, highlighting her role in guiding the company through various challenges [5] Raffaeli's Background - Raffaeli's career includes significant roles in real estate finance and brokerage operations, with early experience at Merrill Lynch Realty and leadership positions at Chase/Chemical Bank [3] - Currently, she serves as CEO and Managing Director at Hamilton White Group LLC and Soho Venture Partners Inc., focusing on financial strategies and investments [2] - Raffaeli also oversees a $500 billion asset manager at Abrdn PLC, with a notable global real estate portfolio [2] Strategic Focus - Raffaeli expressed enthusiasm for joining RE/MAX, emphasizing the company's focus on innovation, strategic growth, and support for franchisee success [4] - She aims to contribute to enhancing technological capabilities, expanding market reach, and fostering an entrepreneurial culture within the real estate and mortgage brokerage industries [4]
Max Resource Reports Definitive Agreement to Purchase 100% of the Floralia DSO Iron Ore Project in Brazil
Newsfile· 2024-08-19 12:00
. . . Max Resource Reports Definitive Agreement to Purchase 100% of the Floralia DSO Iron Ore Project in Brazil August 19, 2024 8:00 AM EDT | Source: MAX Resource Corp. Vancouver, British Columbia--(Newsfile Corp. - August 19, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce that, further to its news releases of May 16, June 17 and August 6, 2024, it has entered into a definitive mineral right purchase agreement (the "APA") with its wholly- ...
RE/MAX Holdings: The Bull Case Still Has Legs
Seeking Alpha· 2024-08-10 10:57
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Thesis Recap I first covered RE/MAX Holdings (RMAX) in February of 2024, with the thesis that the stock was approaching a bottom with attractive fundamentals and a mispriced valuation. I noted the competitive advantages of the business model were still there and that brand recognition can still carry the company forward. Since then, the company has announced strong Q2 earnings with a beat of $0.06 on non-GAAP EPS, confirming my bullish thesis ...
Wall Street Analysts Believe MediaAlpha (MAX) Could Rally 52.88%: Here's is How to Trade
ZACKS· 2024-08-09 14:55
MediaAlpha, Inc. (MAX) closed the last trading session at $15.81, gaining 24.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $24.17 indicates a 52.9% upside potential. The average comprises six short-term price targets ranging from a low of $13 to a high of $30, with a standard deviation of $5.98. While the lowest estimate indicates a decline of 17.8% from the current price leve ...
RE/MAX HOLDINGS, INC. REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-08 20:10
Total Revenue of $78.5 Million, Adjusted EBITDA of $28.1 Million DENVER, Aug. 8, 2024 /PRNewswire/ -- Second Quarter 2024 Highlights (Compared to second quarter 2023 unless otherwise noted) Total Revenue decreased 4.8% to $78.5 million Revenue excluding the Marketing Funds1 decreased 4.8% to $58.4 million, driven by negative 4.5% organic growth2 and 0.3% adverse foreign currency movements Net income attributable to RE/MAX Holdings, Inc. of $3.7 million and earnings per diluted share (GAAP EPS) of $0.19 Adju ...
Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating MediaAlpha, Inc. for potential violations of federal securities laws
Prnewswire· 2024-08-06 12:52
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in MediaAlpha, Inc. (NYSE: MAX) ("MediaAlpha" or the "Company") The investigation focuses on whether the Company issued false and/or misleading statements and/or did not disclose information pertinent to investors. PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION MediaAlpha aims t ...
Max Resource Issues an Update on the Purchase of the Floralia DSO Iron Ore Property in Brazil
Newsfile· 2024-08-06 12:00
. . . Max Resource Issues an Update on the Purchase of the Floralia DSO Iron Ore Property in Brazil August 06, 2024 8:00 AM EDT | Source: MAX Resource Corp. Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Florália MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") has secured a 30-day extension on the option to purchase of 100% of the Florália DSO Iron Ore Property ("Florália Property" or "Property") located 120-km east of the city Belo Horizonte, State of ...
MediaAlpha, Inc. (MAX) Recently Broke Out Above the 50-Day Moving Average
ZACKS· 2024-08-02 14:32
From a technical perspective, MediaAlpha, Inc. (MAX) is looking like an interesting pick, as it just reached a key level of support. MAX recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend. Shares of MAX ha ...
MediaAlpha, Inc. (MAX) Crossed Above the 200-Day Moving Average: What That Means for Investors
ZACKS· 2024-08-02 14:32
MediaAlpha, Inc. (MAX) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, MAX broke through the 200-day moving average, which suggests a long-term bullish trend. The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level. M ...