P&C Market Resurgence | MediaAlpha poised for growth as auto insurance sector recovers, with transaction values projected to quadruple year-over-year in Q2 2024 |
Digital Ad Revolution | Explore how MediaAlpha's technology platform capitalizes on the insurance industry's shift towards digital advertising, offering superior measurability |
Analyst Optimism | Average price target of $24, with estimates for FY 2024 and 2025 raised by 40-50%, reflecting confidence in MediaAlpha's growth trajectory |
Competitive Edge | Delve into MediaAlpha's scale advantages and specialized insurance marketing tools, creating a moat against generalist digital advertising platforms |
Metrics to compare | MAX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMAXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 13.8x | 21.2x | 7.0x | |
PEG Ratio | 0.10 | 0.02 | 0.01 | |
Price/Book | 281.7x | 1.2x | 1.8x | |
Price / LTM Sales | 0.5x | 0.8x | 1.4x | |
Upside (Analyst Target) | 52.8% | 7.7% | 30.1% | |
Fair Value Upside | Unlock | 48.0% | 16.3% | Unlock |
MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. Its technology platform offers end customer acquisition for insurance carriers, agents, distributors, and other clients in a range of verticals, including property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.