Investors in cash trouble should check out Upstart Holdings Inc (UPST)

With 7.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.53 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $26.1099 whereas the lowest price it dropped to was $24.41. The 52-week range on UPST shows that it touched its highest point at $72.58 and its lowest point at $12.94 during that stretch. It currently has a 1-year price target of $19.54. Beta for the stock currently stands at 2.03.

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 up-trending over the past week, with a rise of 10.57%, but this was down by -3.24% over a month. Three-month performance dropped to -26.52% while six-month performance fell -19.29%. The stock gained 84.82% in the past year, while it has lost -40.11% so far this year. A look at the trailing 12-month EPS for UPST yields -2.89 with Next year EPS estimates of 0.25. For the next quarter, that number is -0.14. This implies an EPS growth rate of -17.51% for this year and 137.60% for next year. EPS is expected to grow by 30.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -76.37%.

Float and Shares Shorts:

At present, 86.33 million UPST shares are outstanding with a float of 74.09 million shares on hand for trading. On 2024-04-15, short shares totaled 26.02 million, which was 2963.0000000000005 higher than short shares on 1710460800. In addition to Mr. David J. Girouard as the firm’s Co-Founder, President, CEO & Chairperson of the Board, Mr. Paul Gu serves as its Co-Founder, CTO & Director.

Institutional Ownership:

Through their ownership of 0.49219 of UPST’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UPST since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.