What Can We Learn From Upstart Holdings Inc. (UPST)’s Valuation Ratios?

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Upstart Holdings Inc. (NASDAQ:UPST) finished Thursday with a subtraction of -$1.56 to close at $21.31, a downside of -6.82 percent. An average of 7,851,160 shares of common stock have been traded in the last five days. There was a fall of -$4.65 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 6,775,340 shares traded, while the 50-day average volume stands at 8,290,438.

UPST stock has decreased by -20.04% in the last month. The company shares reached their 1-month lowest point of $21.16 on 09/22/22. With the stock rallying to its 52-week high on 03/01/22, shares of the company touched a low of $22.42 and a high of $401.49 in 52 weeks. It has reached a new high 4 times so far this year and lost -85.92% or -$129.99 in price. In spite of this, the price is down -94.69% from the 52-week high.


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Insider Transactions

22 days have passed since Upstart Holdings Inc. (UPST) last reported insider trading activity. Mirgorodskaya Natalia, who is Corporate Controller, most recently acquired $4,000 shares at $25.23 per share on Sep 01. In this transaction, the insider spent $100,920. Corporate Controller, Mirgorodskaya Natalia, disposed of 420 shares at a price of $27.35 on Aug 25. The insider now owns more than $11,487 worth of shares. Prior to that, Corporate Controller Mirgorodskaya Natalia went on to Sale 238 shares at $27.30 each on Aug 23. An amount of $6,498 was transacted.

Valuation Metrics

Upstart Holdings Inc. (UPST) has a trailing price-to-earnings (P/E) ratio of 23.70. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.72, the price-to-book (PB) ratio at 2.36.

Financial Health

Further, the company has a long term debt to equity ratio of 1.13 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $731.01 million compared to revenue of $848.59 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 5.00%.

Earnings Surprise

For the three-month period that ended June 29, Upstart Holdings Inc. had $856.56 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$29.87 million in the quarter, while revenues of $32.69 million were grew 133.81%. The analyst consensus anticipated Upstart Holdings Inc.’s latest quarter earnings to come in at $0.1 per share, but it turned out to be $0.01, a -90.00% surprise. For the quarter, EBITDA amounted to -$28.75 million. Shareholders own equity worth $81.35 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 22 September was 28.06%, suggesting the stock is oversold, with historical volatility in this time frame at 66.41%.

As of today, UPST’s price is $23.03 -17.91% or -$4.65 from its 5-day moving average. UPST is currently trading -20.63% lower than its 20-day SMA and -71.59% lower than its 100-day SMA. However, the stock’s current price level is -15.20% below the SMA50 and -87.90% below the SMA200.

The stochastic %K and %D were 4.08% and 7.66%, respectively, and the average true range (ATR) was 2.12. With the 14-day stochastic at 1.83% and the average true range at 2.32, the RSI (14) stands at 34.93%. The stock has reached -1.97 on the 9-day MACD Oscillator while the 14-day reading was at -2.54.

Analyst Ratings

Atlantic Equities downgraded Upstart Holdings Inc. (NASDAQ: UPST) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Upstart Holdings Inc. (UPST) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell UPST, while 6 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 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 $14.00 and $38.00, with a median target of $24.50. Taking a look at these predictions, the average price target given by analysts for Upstart Holdings Inc. (UPST) stock is $26.17.

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