In the latest session, Upstart Holdings Inc (NASDAQ: UPST) closed at $26.58 up 1.80% from its previous closing price of $26.11. In other words, the price has increased by $+0.47 from its previous closing price. On the day, 5609454 shares were traded.
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
Ratios:
For a deeper understanding of Upstart Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 1.93.
On July 27, 2023, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $49.
On June 14, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $42.BTIG Research initiated its Buy rating on June 14, 2023, with a $42 target price.
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 Mar 11 ’24 when Datta Sanjay sold 1,000 shares for $27.50 per share. The transaction valued at 27,500 led to the insider holds 400,536 shares of the business.
Datta Sanjay sold 1,000 shares of UPST for $26,210 on Mar 04 ’24. The Chief Financial Officer now owns 401,536 shares after completing the transaction at $26.21 per share. On Mar 01 ’24, another insider, Gu Paul, who serves as the Chief Technology Offier of the company, sold 30,000 shares for $25.66 each. As a result, the insider received 769,773 and left with 893,596 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 2.30B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.49 while its Price-to-Book (P/B) ratio in mrq is 3.61.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $72.58, while it has fallen to a 52-week low of $11.93. The 50-Day Moving Average of the stock is 28.74, while the 200-Day Moving Average is calculated to be 33.55.
Shares Statistics:
For the past three months, UPST has traded an average of 7.95M shares per day and 4.85M over the past ten days. A total of 86.33M shares are outstanding, with a floating share count of 74.04M. Insiders hold about 14.34% of the company’s shares, while institutions hold 49.05% stake in the company. Shares short for UPST as of Feb 29, 2024 were 27.62M with a Short Ratio of 3.47, compared to 29.63M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 31.95% and a Short% of Float of 36.75%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.38 for the current quarter, with a high estimate of -$0.36 and a low estimate of -$0.42, while EPS last year was -$0.47. The consensus estimate for the next quarter is -$0.17, with high estimates of $0.13 and low estimates of -$0.39.
Analysts are recommending an EPS of between $0.04 and -$1.45 for the fiscal current year, implying an average EPS of -$0.78. EPS for the following year is $0.12, with 11 analysts recommending between $0.72 and -$0.41.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $125.09M this quarter.It ranges from a high estimate of $125.5M to a low estimate of $124.6M. As of the current estimate, Upstart Holdings Inc’s year-ago sales were $108.96M, an estimated increase of 14.80% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $140.83M, an increase of 3.70% less than the figure of $14.80% in the same quarter last year. There is a high estimate of $156.16M for the next quarter, whereas the lowest estimate is $122M.
A total of 12 analysts have provided revenue estimates for UPST’s current fiscal year. The highest revenue estimate was $639.84M, while the lowest revenue estimate was $499M, resulting in an average revenue estimate of $574.92M. In the same quarter a year ago, actual revenue was $560.43M, up 2.60% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $738.19M in the next fiscal year. The high estimate is $1B and the low estimate is $596.07M. The average revenue growth estimate for next year is up 28.40% from the average revenue estimate for this year.
