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As of close of business last night, Oportun Financial Corp’s stock clocked out at $3.10, down -4.32% from its previous closing price of $3.24. In other words, the price has decreased by -$4.32 from its previous closing price. On the day, 0.56 million shares were traded. OPRT stock price reached its highest trading level at $3.44 during the session, while it also had its lowest trading level at $3.04.
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 111966104 and an Enterprise Value of 2945180160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 3.356.
Stock Price History:
The Beta on a monthly basis for OPRT is 1.14, which has changed by -0.15183246 over the last 52 weeks, in comparison to a change of 0.21080327 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 $2.05. The 50-Day Moving Average of the stock is 2.37%, while the 200-Day Moving Average is calculated to be -32.57%.
Shares Statistics:
It appears that OPRT traded 383.98K shares on average per day over the past three months and 1394800 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 74.45% stake in the company. Shares short for OPRT as of 1713139200 were 125601 with a Short Ratio of 0.33, compared to 1710460800 on 197238. Therefore, it implies a Short% of Shares Outstanding of 125601 and a Short% of Float of 0.43.
Earnings Estimates
The performance of Oportun Financial Corp (OPRT) in the stock market is under the watchful eye of 4.0 analysts actively contributing to its current rating.On average, analysts expect EPS of -$0.26 for the current quarter, with a high estimate of $0.07 and a low estimate of -$0.7, while EPS last year was -$2.6. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.02 and low estimates of -$0.32.
Analysts are recommending an EPS of between $0.49 and -$0.58 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.66, with 3.0 analysts recommending between $1.39 and $0.23.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $240.52M. It ranges from a high estimate of $249.9M to a low estimate of $233.2M. As of the current estimate, Oportun Financial Corp’s year-ago sales were $246.06MFor the next quarter, 3 analysts are estimating revenue of $245.55M. There is a high estimate of $249.9M 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 $1.02B, while the lowest revenue estimate was $978.06M, resulting in an average revenue estimate of $996.79M. In the same quarter a year ago, actual revenue was $1.06BBased on 2 analysts’ estimates, the company’s revenue will be $1.11B in the next fiscal year. The high estimate is $1.13B and the low estimate is $1.1B.
