With 4.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.44 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 $60.96. Beta for the stock currently stands at 2.27.
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 -10.37%, but this was up by 16.01% over a month. Three-month performance dropped to -45.37% while six-month performance fell -29.99%. The stock gained 68.87% in the past year, while it has lost -22.90% so far this year. A look at the trailing 12-month EPS for UPST yields -0.75 with Next year EPS estimates of 2.24. For the next quarter, that number is 0.24. This implies an EPS growth rate of 827.84% for this year and 53.78% for next year.
Float and Shares Shorts:
At present, 95.07 million UPST shares are outstanding with a float of 82.52 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 $0.56 and the low estimate is $0.32. The average estimate for the next quarter is thus $0.42.
