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As of close of business last night, Upstart Holdings Inc’s stock clocked out at $30.91, down -3.29% from its previous closing price of $31.96. In other words, the price has decreased by -$3.29 from its previous closing price. On the day, 7.46 million shares were traded. UPST stock price reached its highest trading level at $32.7798 during the session, while it also had its lowest trading level at $30.21.
Ratios:
To gain a deeper understanding of UPST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.79 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 1.95 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, BTIG Research on June 07, 2024, initiated with a Sell rating and assigned the stock a target price of $14.
On June 04, 2024, Redburn Atlantic Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $22.50 to $25.50.
On April 04, 2024, BofA Securities started tracking the stock assigning a Underperform rating and target price of $22.BofA Securities initiated its Underperform rating on April 04, 2024, with a $22 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 15 ’24 when Gu Paul sold 10,000 shares for $30.05 per share. The transaction valued at 300,541 led to the insider holds 894,629 shares of the business.
Datta Sanjay sold 1,000 shares of UPST for $27,800 on Jul 15 ’24. The Chief Financial Officer now owns 374,398 shares after completing the transaction at $27.80 per share. On Jul 11 ’24, another insider, Gu Paul, who serves as the Chief Technology Offier of the company, sold 10,000 shares for $25.88 each. As a result, the insider received 258,765 and left with 894,629 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 2809490176 and an Enterprise Value of 3609513728. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.07 while its Price-to-Book (P/B) ratio in mrq is 4.43. Its current Enterprise Value per Revenue stands at 6.257 whereas that against EBITDA is -27.854.
Stock Price History:
The Beta on a monthly basis for UPST is 2.04, which has changed by -0.44195706 over the last 52 weeks, in comparison to a change of 0.23228896 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 $19.84. The 50-Day Moving Average of the stock is 25.58%, while the 200-Day Moving Average is calculated to be 10.81%.
Shares Statistics:
It appears that UPST traded 4.95M shares on average per day over the past three months and 6172840 shares per day over the past ten days. A total of 86.33M shares are outstanding, with a floating share count of 75.47M. Insiders hold about 14.12% of the company’s shares, while institutions hold 44.44% stake in the company. Shares short for UPST as of 1719532800 were 25159188 with a Short Ratio of 5.09, compared to 1717113600 on 25678985. Therefore, it implies a Short% of Shares Outstanding of 25159188 and a Short% of Float of 32.950002.
Earnings Estimates
The stock of Upstart Holdings Inc (UPST) is currently drawing attention from 11.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of -$0.4 for the current quarter, with a high estimate of -$0.36 and a low estimate of -$0.43, while EPS last year was $0.06. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.06 and low estimates of -$0.38.
Analysts are recommending an EPS of between -$0.79 and -$1.22 for the fiscal current year, implying an average EPS of -$0.99. EPS for the following year is $0.11, with 13.0 analysts recommending between $0.67 and -$0.3.
Revenue Estimates
In the current quarter, 10 analysts expect revenue to total $124.54M. It ranges from a high estimate of $125.6M to a low estimate of $119.6M. As of the current estimate, Upstart Holdings Inc’s year-ago sales were $135.77MFor the next quarter, 10 analysts are estimating revenue of $135.06M. There is a high estimate of $143M for the next quarter, whereas the lowest estimate is $121.6M.
A total of 12 analysts have provided revenue estimates for UPST’s current fiscal year. The highest revenue estimate was $562.13M, while the lowest revenue estimate was $512M, resulting in an average revenue estimate of $537.8M. In the same quarter a year ago, actual revenue was $560.43MBased on 12 analysts’ estimates, the company’s revenue will be $699.5M in the next fiscal year. The high estimate is $983.14M and the low estimate is $571.4M.
