With 7.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.21 million shares. The 52-week range on UPST shows that it touched its highest point at $96.43 and its lowest point at $20.60 during that stretch. It currently has a 1-year price target of $78.33. Beta for the stock currently stands at 2.24.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UPST was down-trending over the past week, with a drop of -22.99%, but this was down by -0.79% over a month. Three-month performance dropped to -4.96% while six-month performance rose 68.50%. The stock gained 173.44% in the past year, while it has gained 8.67% so far this year. A look at the trailing 12-month EPS for UPST yields -1.46 with Next year EPS estimates of 2.16. For the next quarter, that number is 0.16. This implies an EPS growth rate of 759.93% for this year and 63.81% for next year.
Float and Shares Shorts:
At present, 93.47 million UPST shares are outstanding with a float of 80.99 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UPST since 12 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 4 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.44145 being high and -$0.47886 being low. For UPST, this leads to a yearly average estimate of -$0.47138. Based on analyst estimates, the high estimate for the next quarter is $0.36 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.23.
