Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Upstart Holdings Inc (NASDAQ: UPST) closed the day trading at $22.08 up 0.96% from the previous closing price of $21.87. In other words, the price has increased by $0.96 from its previous closing price. On the day, 3.09 million shares were traded. UPST stock price reached its highest trading level at $22.29 during the session, while it also had its lowest trading level at $21.5.
Ratios:
For a better understanding of UPST, let’s look at its different 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.
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, BofA Securities on April 04, 2024, initiated with a Underperform rating and assigned the stock a target price of $22.
On July 27, 2023, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $49.B. Riley Securities initiated its Neutral rating on July 27, 2023, with a $49 target price.
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 Apr 01 ’24 when Gu Paul sold 60,000 shares for $26.31 per share. The transaction valued at 1,578,672 led to the insider holds 893,596 shares of the business.
Datta Sanjay sold 1,000 shares of UPST for $27,500 on Mar 11 ’24. The Chief Financial Officer now owns 400,536 shares after completing the transaction at $27.50 per share. On Mar 04 ’24, another insider, Datta Sanjay, who serves as the Chief Financial Officer of the company, sold 1,000 shares for $26.21 each. As a result, the insider received 26,210 and left with 401,536 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 1938743168 and an Enterprise Value of 2784139264. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.73 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 5.076 whereas that against EBITDA is -14.152.
Stock Price History:
The Beta on a monthly basis for UPST is 2.02, which has changed by 0.5217092 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. 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 -14.83%, while the 200-Day Moving Average is calculated to be -32.48%.
Shares Statistics:
Over the past 3-months, UPST traded about 6.55M shares per day on average, while over the past 10 days, UPST traded about 3832530 shares per day. 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 49.04% stake in the company. Shares short for UPST as of 1711584000 were 27335866 with a Short Ratio of 4.17, compared to 1709164800 on 27616535. Therefore, it implies a Short% of Shares Outstanding of 27335866 and a Short% of Float of 35.889998.
Earnings Estimates
At present, 10 analysts are actively evaluating the performance of Upstart Holdings Inc (UPST) in the stock market.On average, analysts expect EPS of $-0.39 for the current quarter, with a high estimate of $-0.36 and a low estimate of $-0.43, while EPS last year was $-0.47. The consensus estimate for the next quarter is $-0.16, 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 $-0.76. EPS for the following year is $0.16, with 12 analysts recommending between $0.72 and $-0.41.
Revenue Estimates
9 analysts predict $124.87M in revenue for the current quarter. It ranges from a high estimate of $125.5M to a low estimate of $122.6M. As of the current estimate, Upstart Holdings Inc’s year-ago sales were $108.96M, an estimated increase of 14.60% 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 $14.60% 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 $574.76M. 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 $738.12M 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.
