Upstart Holdings Inc. (NASDAQ:UPST) saw an upside of 3.90% to close Monday at $33.34 after adding $1.25 on the day. The 5-day average trading volume is 7,739,820 shares of the company’s common stock. It has gained $35.71 in the past week and touched a new high 1 time within the past 5 days. An average of 13,773,165 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 11,586,626.
UPST’s 1-month performance is -38.45% or -$20.83 on its low of $30.40 reached on 08/18/23. The company’s shares have touched a 52-week low of $11.93 and high of $72.58, with the stock’s rally to the 52-week high happening on 08/01/23. YTD, UPST has achieved 152.19% or $20.12 and has reached a new high 34 times. However, the current price is down -54.06% from the 52-week high price.
Insider Transactions
UPST stock investors last saw insider trading activity on Jul 19.Mirgorodskaya Natalia (Corporate Controller) most recently sold 2,000 shares at $60.00 per share on Jul 19. This transaction cost the insider $120,000. Chief Financial Officer, Datta Sanjay, sold 26,072 shares at a price of $23.99 on May 26. Then, on May 25, Corporate Controller Mirgorodskaya Natalia sold 1,514 shares at a price of $27.76 per share. This transaction amounted to $42,029.
Valuation Metrics
UPST stock has a beta of 2.16. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.65 while the price-to-book (PB) in the most recent quarter is 4.34.
. In terms of profitability, the gross margin trailing 12 months is 72.20%. The trailing 12-month EBITDA margin is -11.91%. The firm’s gross profit as reported stood at $654.45 million against revenue of $842.44 million.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than -$28.92 million. UPST stock balance sheet for the recent quarter shows that total liabilities totaled 1.13 billion, with total debt at $1.03 billion. Shareholders hold equity totaling $83.89 million.
Let’s look briefly at Upstart Holdings Inc. (UPST) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 31.21% to suggest the stock is trending Neutral, with historical volatility in this time period at 212.00%.
The stock’s 5-day moving average is $32.54, reflecting a -4.25% or -$1.48 change from its current price. UPST is currently trading -37.84% above its 20-day SMA, +156.66% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.77% and SMA200 by+50.38%.
Stochastic %K and %D was 4.74% and 4.13% and the average true range (ATR) pointed at 4.61. The RSI (14) points at 36.45%, while the 14-day stochastic is at 7.23% with the period’s ATR at 4.93. The stock’s 9-day MACD Oscillator is pointing at -0.61 and -10.29 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Upstart Holdings Inc. (NASDAQ: UPST), B. Riley Securities launched coverage with a Neutral rating. Analysts offering their rating for UPST stock have a consensus rating for the stock as Underweight. Currently, 9 brokerage advisors rate UPST as a “sell,”, while 5 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is UPST’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $6.00 and a high of $64.00, with their median price target at $20.00. Looking at these predictions, the average price target given by analysts is for Upstart Holdings Inc. (UPST) stock is $25.07.
