Prepare Yourself for Liftoff: Open Lending Corp (LPRO)

With 1.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.82 million shares. The 52-week range on LPRO shows that it touched its highest point at $6.97 and its lowest point at $0.70 during that stretch. It currently has a 1-year price target of $2.53. Beta for the stock currently stands at 1.80.

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 LPRO was up-trending over the past week, with a rise of 3.97%, but this was up by 9.17% over a month. Three-month performance dropped to -78.59% while six-month performance fell -76.14%. The stock lost -74.46% in the past year, while it has lost -78.06% so far this year. A look at the trailing 12-month EPS for LPRO yields -1.13 with Next year EPS estimates of 0.10. For the next quarter, that number is 0.00. This implies an EPS growth rate of 101.37% for this year and 533.01% for next year.

Float and Shares Shorts:

At present, 119.35 million LPRO shares are outstanding with a float of 108.72 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 LPRO since 7 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $0.1045 being high and $0.076 being low. For LPRO, this leads to a yearly average estimate of $0.095.