In the latest session, Upstart Holdings Inc (NASDAQ: UPST) closed at $26.58 up 1.80% from its previous closing price of $26.11. In other words, the price has increased by $+0.47 from its previous closing price. On the day, 5609454 shares were traded.
Ratios:
For a deeper understanding of Upstart Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 1.93.
On July 27, 2023, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $49.
On June 14, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $42.BTIG Research initiated its Buy rating on June 14, 2023, with a $42 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 11 ’24 when Datta Sanjay sold 1,000 shares for $27.50 per share. The transaction valued at 27,500 led to the insider holds 400,536 shares of the business.
Datta Sanjay sold 1,000 shares of UPST for $26,210 on Mar 04 ’24. The Chief Financial Officer now owns 401,536 shares after completing the transaction at $26.21 per share. On Mar 01 ’24, another insider, Gu Paul, who serves as the Chief Technology Offier of the company, sold 30,000 shares for $25.66 each. As a result, the insider received 769,773 and left with 893,596 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UPST now has a Market Capitalization of 2.30B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.49 while its Price-to-Book (P/B) ratio in mrq is 3.61.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $72.58, while it has fallen to a 52-week low of $11.93. The 50-Day Moving Average of the stock is 28.74, while the 200-Day Moving Average is calculated to be 33.55.
Shares Statistics:
For the past three months, UPST has traded an average of 7.95M shares per day and 4.85M over the past ten days. A total of 86.33M shares are outstanding, with a floating share count of 74.04M. Insiders hold about 14.34% of the company’s shares, while institutions hold 49.05% stake in the company. Shares short for UPST as of Feb 29, 2024 were 27.62M with a Short Ratio of 3.47, compared to 29.63M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 31.95% and a Short% of Float of 36.75%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.38 for the current quarter, with a high estimate of -$0.36 and a low estimate of -$0.42, while EPS last year was -$0.47. The consensus estimate for the next quarter is -$0.17, with high estimates of $0.13 and low estimates of -$0.39.
Analysts are recommending an EPS of between $0.04 and -$1.45 for the fiscal current year, implying an average EPS of -$0.78. EPS for the following year is $0.12, with 11 analysts recommending between $0.72 and -$0.41.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $125.09M this quarter.It ranges from a high estimate of $125.5M to a low estimate of $124.6M. As of the current estimate, Upstart Holdings Inc’s year-ago sales were $108.96M, an estimated increase of 14.80% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $140.83M, an increase of 3.70% less than the figure of $14.80% in the same quarter last year. There is a high estimate of $156.16M for the next quarter, whereas the lowest estimate is $122M.
A total of 12 analysts have provided revenue estimates for UPST’s current fiscal year. The highest revenue estimate was $639.84M, while the lowest revenue estimate was $499M, resulting in an average revenue estimate of $574.92M. In the same quarter a year ago, actual revenue was $560.43M, up 2.60% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $738.19M in the next fiscal year. The high estimate is $1B and the low estimate is $596.07M. The average revenue growth estimate for next year is up 28.40% from the average revenue estimate for this year.
