Closing Figures: Wheels Up Experience Inc (UP)’s Negative Finish at 1.65, Down -7.82

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After finishing at $1.79 in the prior trading day, Wheels Up Experience Inc (NYSE: UP) closed at $1.65, down -7.82%. In other words, the price has decreased by -$7.82 from its previous closing price. On the day, 1.23 million shares were traded. UP stock price reached its highest trading level at $1.84 during the session, while it also had its lowest trading level at $1.64.

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 0.35 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 337.09 whereas as Long-Term Debt/Eq ratio is at 291.35.

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 1248172160 and an Enterprise Value of 1286549248. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 1231.34. Its current Enterprise Value per Revenue stands at 1.171 whereas that against EBITDA is -4.401.

Stock Price History:

The Beta on a monthly basis for UP is 2.18, which has changed by 0.46017694 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. 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 -32.50%, while the 200-Day Moving Average is calculated to be -35.71%.

Shares Statistics:

The stock has traded on average 632.27K shares per day over the past 3-months and 787040 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 345.30M. Insiders hold about 50.48% of the company’s shares, while institutions hold 42.40% stake in the company. Shares short for UP as of 1715731200 were 7663818 with a Short Ratio of 13.10, compared to 1713139200 on 6049868. Therefore, it implies a Short% of Shares Outstanding of 7663818 and a Short% of Float of 8.6.

Earnings Estimates

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.

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

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 $1.58BBased 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.

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