Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Upstart Holdings Inc (NASDAQ: UPST) was $52.54 for the day, down -1.11% from the previous closing price of $53.13. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 5.41 million shares were traded. UPST stock price reached its highest trading level at $54.43 during the session, while it also had its lowest trading level at $51.6.
Ratios:
Our analysis of UPST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.81.
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 the company, Wedbush on October 14, 2024, Upgraded its rating to Neutral and sets its target price to $45 from $10 previously.
On August 07, 2024, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $15 to $33.
Mizuho Upgraded its Underperform to Outperform on July 31, 2024, whereas the target price for the stock was revised from $17 to $31.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 21 ’24 when Datta Sanjay bought 1,500 shares for $53.81 per share.
Datta Sanjay sold 1,500 shares of UPST for $73,020 on Oct 14 ’24. The Chief Financial Officer now owns 337,093 shares after completing the transaction at $48.68 per share. On Oct 14 ’24, another insider, Gu Paul, who serves as the Chief Technology Offier of the company, sold 20,000 shares for $50.26 each. As a result, the insider received 1,005,134 and left with 878,565 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 4703044608 and an Enterprise Value of 5463819264. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.87 while its Price-to-Book (P/B) ratio in mrq is 7.87. Its current Enterprise Value per Revenue stands at 9.487 whereas that against EBITDA is -37.907.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $57.40, while it has fallen to a 52-week low of $19.84. The 50-Day Moving Average of the stock is 28.67%, while the 200-Day Moving Average is calculated to be 74.02%.
Shares Statistics:
UPST traded an average of 7.99M shares per day over the past three months and 8423590 shares per day over the past ten days. A total of 86.33M shares are outstanding, with a floating share count of 77.22M. Insiders hold about 13.75% of the company’s shares, while institutions hold 43.98% stake in the company. Shares short for UPST as of 1727654400 were 25205722 with a Short Ratio of 3.16, compared to 1724976000 on 24450524. Therefore, it implies a Short% of Shares Outstanding of 25205722 and a Short% of Float of 32.32.
