Company’s 36-month beta value is 1.96.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 6 as “sell.”
The public float for UPST is 74.04M, and currently, short sellers hold a 36.65% ratio of that floaft. The average trading volume of UPST on April 01, 2024 was 7.80M shares.
UPST) stock’s latest price update
Upstart Holdings Inc (NASDAQ: UPST)’s stock price has plunge by -4.54relation to previous closing price of 28.17. Nevertheless, the company has seen a 2.09% surge in its stock price over the last five trading sessions. Invezz reported 2024-03-26 that Short-sellers have lost a fortune this year as American equities have continued soaring. The Nasdaq 100 and S&P 500 indices have surged to a record high and analysts expect that this trend may continue this year.
UPST’s Market Performance
UPST’s stock has risen by 2.09% in the past week, with a monthly rise of 5.37% and a quarterly drop of -42.69%. The volatility ratio for the week is 5.73% while the volatility levels for the last 30 days are 5.99% for Upstart Holdings Inc The simple moving average for the past 20 days is 4.78% for UPST’s stock, with a -19.81% simple moving average for the past 200 days.
Analysts’ Opinion of UPST
B. Riley Securities, on the other hand, stated in their research note that they expect to see UPST reach a price target of $49. The rating they have provided for UPST stocks is “Neutral” according to the report published on July 27th, 2023.
BTIG Research gave a rating of “Buy” to UPST, setting the target price at $42 in the report published on June 14th of the previous year.
UPST Trading at -6.29% from the 50-Day Moving Average
After a stumble in the market that brought UPST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -62.95% of loss for the given period.
Volatility was left at 5.99%, however, over the last 30 days, the volatility rate increased by 5.73%, as shares surge +4.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.43% lower at present.
During the last 5 trading sessions, UPST rose by +2.09%, which changed the moving average for the period of 200-days by -20.26% in comparison to the 20-day moving average, which settled at $25.72. In addition, Upstart Holdings Inc saw -34.19% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UPST starting from Datta Sanjay, who sale 1,000 shares at the price of $27.50 back on Mar 11 ’24. After this action, Datta Sanjay now owns 400,536 shares of Upstart Holdings Inc, valued at $27,500 using the latest closing price.
Datta Sanjay, the Chief Financial Officer of Upstart Holdings Inc, sale 1,000 shares at $26.21 during a trade that took place back on Mar 04 ’24, which means that Datta Sanjay is holding 401,536 shares at $26,210 based on the most recent closing price.
Stock Fundamentals for UPST
Current profitability levels for the company are sitting at:
- -0.51 for the present operating margin
- 0.95 for the gross margin
The net margin for Upstart Holdings Inc stands at -0.47. The total capital return value is set at -0.14. Equity return is now at value -36.72, with -12.15 for asset returns.
Based on Upstart Holdings Inc (UPST), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at 1.88. The interest coverage ratio of the stock is -38.28.
Currently, EBITDA for the company is -231.62 million with net debt to EBITDA at -3.32. When we switch over and look at the enterprise to sales, we see a ratio of 6.06. The receivables turnover for the company is 9.24for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.36.
Conclusion
In a nutshell, Upstart Holdings Inc (UPST) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
