Analysts Issue Research Notes On Upstart Holdings Inc. (UPST)

Upstart Holdings Inc. (NASDAQ:UPST) finished Wednesday with an addition of $11.84 to close at $344.89, an upside of 3.56 percent. An average of 3,471,180 shares of common stock have been traded in the last five days. There was a gain of $37.19 in the past week. The last 20 days have seen an average of 4,860,845 shares traded, while the 50-day average volume stands at 5,599,846.

UPST stock has increased by 28.19% in the last month. The company shares reached their 1-month lowest point of $261.28 on 09/15/21. Shares of the company touched a low of $22.61 and a high of $346.54 in 52 weeks. In spite of this, the price is down -0.48% from the 52-week high.


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Insider Transactions

8 days have passed since Upstart Holdings Inc. (UPST) last reported insider trading activity. Nicoll Alison, who is General Counsel, most recently acquired $22,500 shares at $301.00 per share on Oct 06. In this transaction, the insider spent $6,772,498. Chief Executive Officer, Girouard Dave, disposed of 12,498 shares at a price of $309.10 on Oct 01. The insider now owns more than $3,863,074 worth of shares. Prior to that, Chief Executive Officer Girouard Dave went on to Sale 125,000 shares at $301.60 each on Oct 01. An amount of $37,700,412 was transacted.

Valuation Metrics

Upstart Holdings Inc. (UPST) has a trailing price-to-earnings (P/E) ratio of 529.78, which compares with the 14.40 for the broader industry and 12.72 for the sector. In the last five years, Upstart Holdings Inc.’s PE ratio has ranged between 1380.96 and 162.10. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 58.78, the price-to-book (PB) ratio at 36.93.

Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.01 for the quarter ending June 29. Upstart Holdings Inc.’s EBITDA margin for the year ending June 29 is 6.02%, while its operating margin for the same period stands at 16.00%. Its gross profit as reported stood at $195.84 million compared to revenue of $233.42 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Upstart Holdings Inc.’s return on assets was 10.70%. For the broader industry, ROE averaged 16.40 over the past year.

Earnings Surprise

The analyst consensus anticipated Upstart Holdings Inc.’s latest quarter earnings to come in at $0.25 per share, but it turned out to be $0.62, a 148.00% surprise. For the quarter, EBITDA amounted to $38.28 million. Shareholders own equity worth $77.77 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Upstart Holdings Inc. (UPST) price momentum. RSI 9-day as of the close on 13 October was 72.80%, suggesting the stock is Overbought, with historical volatility in this time frame at 56.05%.

As of today, UPST’s price is $321.49 +12.09% or $37.19 from its 5-day moving average. UPST is currently trading +23.58% higher than its 20-day SMA and +124.17% higher than its 100-day SMA. However, the stock’s current price level is +168.02% above the SMA50 and +709.03% above the SMA200.

The stochastic %K and %D were 74.56% and 58.48%, respectively, and the average true range (ATR) was 19.61. With the 14-day stochastic at 98.76% and the average true range at 19.31, the RSI (14) stands at 69.87%. The stock has reached 18.51 on the 9-day MACD Oscillator while the 14-day reading was at 14.64.

Analyst Ratings

Citigroup downgraded Upstart Holdings Inc. (NASDAQ: UPST) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for Upstart Holdings Inc. (UPST) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell UPST, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.

What is UPST’s price target for the next 12 months?

Analysts predict a range of price targets between $160.00 and $390.00, with a median target of $313.50. Taking a look at these predictions, the average price target given by analysts for Upstart Holdings Inc. (UPST) stock is $290.63.

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