With 2.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.3 million shares. The 52-week range on UPWK shows that it touched its highest point at $18.14 and its lowest point at $8.43 during that stretch. It currently has a 1-year price target of $19.60. Beta for the stock currently stands at 1.56.
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 UPWK was down-trending over the past week, with a drop of -7.11%, but this was down by -7.17% over a month. Three-month performance dropped to -13.46% while six-month performance rose 52.24%. The stock gained 11.68% in the past year, while it has lost -10.52% so far this year. A look at the trailing 12-month EPS for UPWK yields 1.53 with Next year EPS estimates of 1.33. For the next quarter, that number is 0.27. This implies an EPS growth rate of 5.86% for this year and 20.53% for next year.
Float and Shares Shorts:
At present, 135.35 million UPWK shares are outstanding with a float of 122.33 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 UPWK since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.02834 being high and $1.00798 being low. For UPWK, this leads to a yearly average estimate of $1.01816. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.27.
Summary of Insider Activity:
Insiders traded UPWK stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
