As of close of business last night, Oportun Financial Corp’s stock clocked out at $2.43, up 0.41% from its previous closing price of $2.42. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 116174 shares were traded.
Ratios:
To gain a deeper understanding of OPRT’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 7.27 whereas as Long-Term Debt/Eq ratio is at 7.23.
On March 14, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $3.50.
JP Morgan Downgraded its Overweight to Neutral on October 17, 2023, whereas the target price for the stock was revised from $7 to $8.
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 Sep 05 ’23 when Institutional Venture Manageme sold 50,000 shares for $7.31 per share. The transaction valued at 365,500 led to the insider holds 3,358,691 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPRT now has a Market Capitalization of 83.28M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.21.
Stock Price History:
The Beta on a monthly basis for OPRT is 1.26, which has changed by -38.27% over the last 52 weeks, in comparison to a change of 27.86% over the same period for the S&P500. Over the past 52 weeks, OPRT has reached a high of $7.73, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is 3.5421, while the 200-Day Moving Average is calculated to be 4.9159.
Shares Statistics:
It appears that OPRT traded 236.29K shares on average per day over the past three months and 327.43k shares per day over the past ten days. A total of 34.47M shares are outstanding, with a floating share count of 25.53M. Insiders hold about 25.42% of the company’s shares, while institutions hold 72.26% stake in the company. Shares short for OPRT as of Mar 15, 2024 were 197.24k with a Short Ratio of 0.83, compared to 163.12k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.57% and a Short% of Float of 0.68%.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.5 for the current quarter, with a high estimate of -$0.23 and a low estimate of -$0.7, while EPS last year was -$2.6. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.02 and low estimates of -$0.32.
Analysts are recommending an EPS of between $0.2 and -$0.58 for the fiscal current year, implying an average EPS of -$0.16. EPS for the following year is $0.92, with 2 analysts recommending between $1.5 and $0.35.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $235.91M. It ranges from a high estimate of $238.14M to a low estimate of $233.2M. As of the current estimate, Oportun Financial Corp’s year-ago sales were $246.06M, an estimated decrease of -4.10% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $243.95M, a decrease of -8.50% less than the figure of -$4.10% in the same quarter last year. There is a high estimate of $245.76M for the next quarter, whereas the lowest estimate is $240.39M.
A total of 3 analysts have provided revenue estimates for OPRT’s current fiscal year. The highest revenue estimate was $990.8M, while the lowest revenue estimate was $978.06M, resulting in an average revenue estimate of $986.08M. In the same quarter a year ago, actual revenue was $1.06B, down -6.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.09B and the low estimate is $1.04B. The average revenue growth estimate for next year is up 8.00% from the average revenue estimate for this year.
