Upstart Holdings Inc. (NASDAQ:UPST) Relative Strength Index (RSI) is 65.48, with weekly volatility at 15.36% and ATR at 19.07. The UPST stock’s 52-week price range has touched low of $22.61 and a $191.89 high. Intraday shares traded counted 3.84 million, which was -4.83% lower than its 30-day average trading volume of 3.66M. Its shares traded higher over the last trading session, gaining 3.63% on 06/07/21. The shares fell to a low of $164.20 before closing at $170.00. UPST’s previous close was $164.04 while the outstanding shares total 73.63M. The firm has a 12-month trailing P/E ratio of 988.37.
Investors have identified the Credit Services company Upstart Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $13.14 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Upstart Holdings Inc. (UPST) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For UPST, the company has in raw cash 336.07 million on their books with 41.89 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 352.1 million total, with 149.38 million as their total liabilities.
UPST were able to record 42.49 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by 24.73 million. In cash movements, the company had a total of 43.09 million as operating cash flow.
Potential earnings growth for Upstart Holdings Inc. (UPST)
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 17.39 million trying to sell their products during the last quarter, with the result yielding a gross income of 103.96 million. This allows shareholders to hold on to 73.63M with the recently reported earning now reading 0.14 cents per share. This is a figure that compared to analyst’s prediction for their 09/01/2021 (0.12 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.52 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UPST sounds very interesting.
Is the stock of UPST attractive?
In related news, 10% Owner, Loeb Daniel S bought 1,200,000 shares of the company’s stock in a transaction that recorded on Dec 18. The purchase was performed at an average price of 20.00, for a total value of 24,000,000. As the purchase deal closes, the SVP, Product and Data Science, Gu Paul now sold 213,124 shares of the company’s stock, valued at 3,964,106. Also, General Counsel, Nicoll Alison sold 70,000 shares of the company’s stock in a deal that was recorded on Dec 18. The shares were cost at an average price of 18.60 per share, with a total market value of 1,302,000. Following this completion of disposal, the Chief Executive Officer, Girouard Dave now holds 1,000,000 shares of the company’s stock, valued at 18,600,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
4 out of 6 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Upstart Holdings Inc.. 0 analysts has assigned a Sell rating on the UPST stock. The 12-month mean consensus price target for the company’s shares has been set at $131.17.