The stock of Wheels Up Experience Inc (NYSE: UP) has decreased by -8.88 when compared to last closing price of 2.59.Despite this, the company has seen a gain of 5.36% in its stock price over the last five trading days. The Motley Fool reported 2024-03-03 that Warren Buffett lamented two of his largest investments in this year’s annual letter. The admission was somewhat shocking, given that these businesses make up significant portions of Berkshire’s operating earnings.
Is It Worth Investing in Wheels Up Experience Inc (NYSE: UP) Right Now?
UP has 36-month beta value of 2.26. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for UP is 344.78M, and currently, short sellers hold a 1.75% ratio of that float. The average trading volume of UP on May 08, 2024 was 624.73K shares.
UP’s Market Performance
UP’s stock has seen a 5.36% increase for the week, with a -13.24% drop in the past month and a -32.38% fall in the past quarter. The volatility ratio for the week is 10.13%, and the volatility levels for the past 30 days are at 8.51% for Wheels Up Experience Inc The simple moving average for the past 20 days is -5.88% for UP’s stock, with a -4.73% simple moving average for the past 200 days.
Analysts’ Opinion of UP
Many brokerage firms have already submitted their reports for UP stocks, with Goldman repeating the rating for UP by listing it as a “Buy.” The predicted price for UP in the upcoming period, according to Goldman is $5 based on the research report published on June 15, 2022 of the previous year 2022.
Barrington Research gave a rating of “Mkt Perform” to UP, setting the target price at $16 in the report published on November 16th of the previous year.
UP Trading at -11.20% from the 50-Day Moving Average
After a stumble in the market that brought UP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.18% of loss for the given period.
Volatility was left at 8.51%, however, over the last 30 days, the volatility rate increased by 10.13%, as shares sank -19.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.13% lower at present.
During the last 5 trading sessions, UP rose by +5.36%, which changed the moving average for the period of 200-days by +2.16% in comparison to the 20-day moving average, which settled at $2.48. In addition, Wheels Up Experience Inc saw -31.20% 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 UP starting from Heltebran Laura, who sale 28,413 shares at the price of $2.54 back on Mar 13 ’24. After this action, Heltebran Laura now owns 37,707 shares of Wheels Up Experience Inc, valued at $72,169 using the latest closing price.
Briffa Mark, the EVP, Charter & CEO Air Partner of Wheels Up Experience Inc, sale 5,589 shares at $2.52 during a trade that took place back on Mar 13 ’24, which means that Briffa Mark is holding 58,471 shares at $14,084 based on the most recent closing price.
Stock Fundamentals for UP
Current profitability levels for the company are sitting at:
- -0.35 for the present operating margin
- 0.01 for the gross margin
The net margin for Wheels Up Experience Inc stands at -0.39. The total capital return value is set at -1.08. Equity return is now at value -279.05, with -30.09 for asset returns.
Based on Wheels Up Experience Inc (UP), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at -2.36. The debt to equity ratio resting at 2.89. The interest coverage ratio of the stock is -23.63.
Currently, EBITDA for the company is -199.43 million with net debt to EBITDA at -0.21. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 25.18for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.47.
Conclusion
To put it simply, Wheels Up Experience Inc (UP) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
