On Friday, Upstart Holdings Inc (NASDAQ: UPST) opened lower -1.00% from the last session, before settling in for the closing price of $51.09. Price fluctuations for UPST have ranged from $19.84 to $57.40 over the past 52 weeks.
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Annual sales at Financial sector company grew by 66.26% over the past five years. Company’s average yearly earnings per share was noted -24.21% at the time writing. With a float of $77.22 million, this company’s outstanding shares have now reached $86.33 million.
Let’s look at the performance matrix of the company that is accounted for 1388 employees. In terms of profitability, gross margin is 95.38%, operating margin of -40.41%, and the pretax margin is -38.03%.
Upstart Holdings Inc (UPST) Insider Updates
A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of Upstart Holdings Inc is 13.74%, while institutional ownership is 44.02%. The most recent insider transaction that took place on Oct 21 ’24, was worth 80,715. In this transaction Chief Financial Officer of this company sold 1,500 shares at a rate of $53.81, taking the stock ownership to the 335,593 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Officer proposed sale 1,500 for $53.81, making the entire transaction worth $80,715.
Upstart Holdings Inc (UPST) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.05 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.02) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -76.37% drop over the previous five years of trading.
Upstart Holdings Inc (NASDAQ: UPST) Trading Performance Indicators
Check out the current performance indicators for Upstart Holdings Inc (UPST). In the past quarter, the stock posted a quick ratio of 4.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.33, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach 0.18 in one year’s time.
Technical Analysis of Upstart Holdings Inc (UPST)
Upstart Holdings Inc (NASDAQ: UPST) saw its 5-day average volume 5.34 million, a negative change from its year-to-date volume of 6.67 million. As of the previous 9 days, the stock’s Stochastic %D was 31.82%. Additionally, its Average True Range was 3.37.
During the past 100 days, Upstart Holdings Inc’s (UPST) raw stochastic average was set at 81.47%, which indicates a significant increase from 59.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.48% in the past 14 days, which was lower than the 90.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.01, while its 200-day Moving Average is $30.51. Nevertheless, the first resistance level for the watch stands at $51.87 in the near term. At $53.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.83. If the price goes on to break the first support level at $49.91, it is likely to go to the next support level at $49.25. Assuming the price breaks the second support level, the third support level stands at $47.95.
Upstart Holdings Inc (NASDAQ: UPST) Key Stats
There are currently 87,878K shares outstanding in the company with a market cap of 4.53 billion. Presently, the company’s annual sales total 513,560 K according to its annual income of -240,130 K. Last quarter, the company’s sales amounted to 127,630 K and its income totaled -54,470 K.
