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.
As of close of business last night, Opendoor Technologies Inc’s stock clocked out at $1.40, down -2.78% from its previous closing price of $1.44. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 41.19 million shares were traded. OPEN stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.38.
Ratios:
To gain a deeper understanding of OPEN’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.16 whereas as Long-Term Debt/Eq ratio is at 2.36.
On December 13, 2023, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $3.50.
On November 21, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $2.80.Deutsche Bank initiated its Hold rating on November 21, 2023, with a $2.80 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 Jan 15 ’25 when Schaub Sydney sold 18,804 shares for $1.52 per share. The transaction valued at 28,642 led to the insider holds 1,171,590 shares of the business.
Schaub Sydney sold 110 shares of OPEN for $170 on Jan 16 ’25. The Chief Legal Officer now owns 1,171,480 shares after completing the transaction at $1.55 per share. On Jan 16 ’25, another insider, SYDNEY SCHAUB, who serves as the Officer of the company, bought 110 shares for $1.51 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPEN now has a Market Capitalization of 1029700032 and an Enterprise Value of 2698097664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 0.546 whereas that against EBITDA is -9.776.
Stock Price History:
The Beta on a monthly basis for OPEN is 2.84, which has changed by -0.55279505 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. Over the past 52 weeks, OPEN has reached a high of $3.78, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -22.27%, while the 200-Day Moving Average is calculated to be -30.69%.
Shares Statistics:
It appears that OPEN traded 38.42M shares on average per day over the past three months and 47847270 shares per day over the past ten days. A total of 711.66M shares are outstanding, with a floating share count of 596.93M. Insiders hold about 16.52% of the company’s shares, while institutions hold 51.99% stake in the company. Shares short for OPEN as of 1735603200 were 78042139 with a Short Ratio of 2.03, compared to 1732838400 on 70564668. Therefore, it implies a Short% of Shares Outstanding of 78042139 and a Short% of Float of 12.91.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 analysts. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.06 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.38 and -$0.42 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.26, with 5.0 analysts recommending between -$0.1 and -$0.45.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $971.53M. It ranges from a high estimate of $1.03B to a low estimate of $941.55M. As of the current estimate, Opendoor Technologies Inc’s year-ago sales were $870MFor the next quarter, 9 analysts are estimating revenue of $1.33B. There is a high estimate of $1.84B for the next quarter, whereas the lowest estimate is $1.03B.
A total of 10 analysts have provided revenue estimates for OPEN’s current fiscal year. The highest revenue estimate was $5.1B, while the lowest revenue estimate was $5.01B, resulting in an average revenue estimate of $5.04B. In the same quarter a year ago, actual revenue was $6.95BBased on 10 analysts’ estimates, the company’s revenue will be $6.09B in the next fiscal year. The high estimate is $7.39B and the low estimate is $5.26B.
