After finishing at $2.65 in the prior trading day, Wheels Up Experience Inc (NYSE: UP) closed at $2.66, up 0.38%. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 552741 shares were traded.
Ratios:
Our goal is to gain a better understanding of UP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.47. In the meantime, Its Debt-to-Equity ratio is 3.46 whereas as Long-Term Debt/Eq ratio is at 2.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on June 15, 2022, initiated with a Buy rating and assigned the stock a target price of $5.
Barrington Research Downgraded its Outperform to Mkt Perform on November 16, 2021, while the target price for the stock was maintained at $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Heltebran Laura sold 28,413 shares for $2.54 per share. The transaction valued at 72,169 led to the insider holds 37,707 shares of the business.
Briffa Mark sold 5,589 shares of UP for $14,084 on Mar 13 ’24. The EVP, Charter & CEO Air Partner now owns 58,471 shares after completing the transaction at $2.52 per share. On Sep 13 ’23, another insider, Briffa Mark, who serves as the Chief Commercial Officer of the company, sold 9,904 shares for $3.64 each. As a result, the insider received 36,051 and left with 69,017 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, UP now has a Market Capitalization of 1.85B and an Enterprise Value of 1.93B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 19.03. Its current Enterprise Value per Revenue stands at 1.54 whereas that against EBITDA is -4.99.
Stock Price History:
Over the past 52 weeks, UP has reached a high of $6.08, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is 3.0014, while the 200-Day Moving Average is calculated to be 2.3704.
Shares Statistics:
The stock has traded on average 831.38K shares per day over the past 3-months and 528.36k shares per day over the last 10 days, according to various share statistics. A total of 696.86M shares are outstanding, with a floating share count of 344.50M. Insiders hold about 50.60% of the company’s shares, while institutions hold 48.07% stake in the company. Shares short for UP as of Mar 15, 2024 were 5.57M with a Short Ratio of 6.70, compared to 4.02M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.80% and a Short% of Float of 1.01%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$7.9. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
1 analysts predict $246.38M in revenue for the current quarter. It ranges from a high estimate of $390.1M to a low estimate of $390.1M. As of the current estimate, Wheels Up Experience Inc’s year-ago sales were $408.26M, an estimated decrease of -39.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $376.18M, an increase of 6.90% over than the figure of -$39.70% in the same quarter last year. There is a high estimate of $376.18M for the next quarter, whereas the lowest estimate is $376.18M.
A total of 2 analysts have provided revenue estimates for UP’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.46B, resulting in an average revenue estimate of $1.25B. In the same quarter a year ago, actual revenue was $1.58B, down -20.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.68B in the next fiscal year. The high estimate is $1.79B and the low estimate is $1.57B. The average revenue growth estimate for next year is up 34.00% from the average revenue estimate for this year.
