In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Upwork Inc (NASDAQ: UPWK) closed at $15.23 down -3.36% from its previous closing price of $15.76. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 2.62 million shares were traded. UPWK stock price reached its highest trading level at $15.45 during the session, while it also had its lowest trading level at $14.75.
Ratios:
For a deeper understanding of Upwork Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.22. For the most recent quarter (mrq), Quick Ratio is recorded 3.18 and its Current Ratio is at 3.18. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.89.
On May 02, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.
Jefferies Upgraded its Hold to Buy on January 08, 2024, whereas the target price for the stock was revised from $13 to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 21 ’25 when Marie Olivier sold 257 shares for $16.00 per share. The transaction valued at 4,113 led to the insider holds 1,629 shares of the business.
NELSON ELIZABETH A sold 75,000 shares of UPWK for $1,302,780 on Dec 18 ’24. The Director now owns 48,915 shares after completing the transaction at $17.37 per share. On Dec 19 ’24, another insider, Marie Olivier, who serves as the Chief Accounting Officer of the company, sold 2,601 shares for $16.23 each. As a result, the insider received 42,206 and left with 1,294 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, UPWK now has a Market Capitalization of 2035748352 and an Enterprise Value of 1804031232. As of this moment, Upwork’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.45, and their Forward P/E ratio for the next fiscal year is 12.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 4.94. Its current Enterprise Value per Revenue stands at 2.368 whereas that against EBITDA is 28.231.
Stock Price History:
The Beta on a monthly basis for UPWK is 1.57, which has changed by 0.13137114 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, UPWK has reached a high of $18.14, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is -7.61%, while the 200-Day Moving Average is calculated to be 21.72%.
Shares Statistics:
For the past three months, UPWK has traded an average of 2.32M shares per day and 2821490 over the past ten days. A total of 133.50M shares are outstanding, with a floating share count of 120.77M. Insiders hold about 9.65% of the company’s shares, while institutions hold 81.35% stake in the company. Shares short for UPWK as of 1736899200 were 9341670 with a Short Ratio of 4.02, compared to 1734048000 on 11938447. Therefore, it implies a Short% of Shares Outstanding of 9341670 and a Short% of Float of 8.559999999999999.
