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The closing price of Upstart Holdings Inc (NASDAQ: UPST) was $42.50 for the day, down -0.70% from the previous closing price of $42.80. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 5.15 million shares were traded. UPST stock price reached its highest trading level at $44.0299 during the session, while it also had its lowest trading level at $41.4643.
Ratios:
Our analysis of UPST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on August 07, 2024, Upgraded its rating to Neutral and sets its target price to $33 from $15 previously.
On July 31, 2024, Mizuho Upgraded its rating to Outperform which previously was Underperform and also upped its target price recommendation from $17 to $31.
On June 07, 2024, BTIG Research started tracking the stock assigning a Sell rating and target price of $14.BTIG Research initiated its Sell rating on June 07, 2024, with a $14 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 29 ’24 when Mirgorodskaya Natalia bought 2,000 shares for $45.00 per share.
Darling Scott bought 39,000 shares of UPST for $1,755,001 on Aug 29 ’24. On Aug 26 ’24, another insider, Datta Sanjay, who serves as the Chief Financial Officer of the company, sold 1,500 shares for $42.44 each. As a result, the insider received 63,660 and left with 347,593 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 3804327936 and an Enterprise Value of 4512289792. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.17 while its Price-to-Book (P/B) ratio in mrq is 6.37. Its current Enterprise Value per Revenue stands at 7.834 whereas that against EBITDA is -31.305.
Stock Price History:
Over the past 52 weeks, UPST has reached a high of $49.62, while it has fallen to a 52-week low of $19.84. The 50-Day Moving Average of the stock is 42.18%, while the 200-Day Moving Average is calculated to be 46.69%.
Shares Statistics:
UPST traded an average of 6.67M shares per day over the past three months and 6848750 shares per day over the past ten days. A total of 86.33M shares are outstanding, with a floating share count of 76.95M. Insiders hold about 14.04% of the company’s shares, while institutions hold 44.44% stake in the company. Shares short for UPST as of 1723680000 were 23473588 with a Short Ratio of 3.52, compared to 1721001600 on 24545405. Therefore, it implies a Short% of Shares Outstanding of 23473588 and a Short% of Float of 30.099999999999998.
Earnings Estimates
The stock of Upstart Holdings Inc (UPST) is currently drawing attention from 12.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.05, with high estimates of $0.04 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.5 and -$0.85 for the fiscal current year, implying an average EPS of -$0.68. EPS for the following year is $0.22, with 14.0 analysts recommending between $0.78 and -$0.2.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $152M to a low estimate of $148.6M. As of the current estimate, Upstart Holdings Inc’s year-ago sales were $134.56MFor the next quarter, 11 analysts are estimating revenue of $161.89M. There is a high estimate of $168M for the next quarter, whereas the lowest estimate is $152.18M.
A total of 14 analysts have provided revenue estimates for UPST’s current fiscal year. The highest revenue estimate was $576M, while the lowest revenue estimate was $557.55M, resulting in an average revenue estimate of $567.91M. In the same quarter a year ago, actual revenue was $560.43MBased on 14 analysts’ estimates, the company’s revenue will be $725.91M in the next fiscal year. The high estimate is $970.91M and the low estimate is $622.7M.
