The stock of Upstart Holdings Inc (UPST) has gone up by 2.79% for the week, with a -2.92% drop in the past month and a 73.17% rise in the past quarter. The volatility ratio for the week is 7.16%, and the volatility levels for the past 30 days are 7.72% for UPST. The simple moving average for the past 20 days is 8.13% for UPST’s stock, with a 36.65% simple moving average for the past 200 days.
Is It Worth Investing in Upstart Holdings Inc (NASDAQ: UPST) Right Now?
Moreover, the 36-month beta value for UPST is 2.02. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for UPST is 77.20M and currently, short sellers hold a 30.00% of that float. On September 30, 2024, UPST’s average trading volume was 7.57M shares.
UPST) stock’s latest price update
Upstart Holdings Inc (NASDAQ: UPST)’s stock price has gone decline by -0.10 in comparison to its previous close of 40.89, however, the company has experienced a 2.79% increase in its stock price over the last five trading days. fool.com reported 2024-09-28 that Upstart has been experiencing declines and losses for several years now. It’s still launching new products and attracting credit partners.
Analysts’ Opinion of UPST
Many brokerage firms have already submitted their reports for UPST stocks, with Citigroup repeating the rating for UPST by listing it as a “Neutral.” The predicted price for UPST in the upcoming period, according to Citigroup is $33 based on the research report published on August 07, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see UPST reach a price target of $31, previously predicting the price at $17. The rating they have provided for UPST stocks is “Outperform” according to the report published on July 31st, 2024.
BTIG Research gave a rating of “Sell” to UPST, setting the target price at $14 in the report published on June 07th of the current year.
UPST Trading at 17.61% 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 -17.67% of loss for the given period.
Volatility was left at 7.72%, however, over the last 30 days, the volatility rate increased by 7.16%, as shares sank -4.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.79% upper at present.
During the last 5 trading sessions, UPST rose by +2.79%, which changed the moving average for the period of 200-days by +14.59% in comparison to the 20-day moving average, which settled at $37.68. In addition, Upstart Holdings Inc saw -0.02% 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 1,500 shares at the price of $40.00 back on Sep 23 ’24. After this action, Datta Sanjay now owns 341,593 shares of Upstart Holdings Inc, valued at $60,000 using the latest closing price.
Datta Sanjay, the Officer of Upstart Holdings Inc, proposed sale 1,500 shares at $40.00 during a trade that took place back on Sep 23 ’24, which means that Datta Sanjay is holding shares at $60,000 based on the most recent closing price.
Stock Fundamentals for UPST
Current profitability levels for the company are sitting at:
- -0.4 for the present operating margin
- 0.95 for the gross margin
The net margin for Upstart Holdings Inc stands at -0.38. The total capital return value is set at -0.12. Equity return is now at value -32.73, with -11.26 for asset returns.
Based on Upstart Holdings Inc (UPST), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12. The debt to equity ratio resting at 1.81. The interest coverage ratio of the stock is -12.22.
Currently, EBITDA for the company is -231.62 million with net debt to EBITDA at -3.69. When we switch over and look at the enterprise to sales, we see a ratio of 8.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.29.
Conclusion
To wrap up, the performance of Upstart Holdings Inc (UPST) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
