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Friday, September 29, 2023

Wheels Up Experience Inc. (NYSE: UP) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Wheels Up Experience Inc. (UP) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.06, or -1.97%, to $2.98. The Wheels Up Experience Inc. has recorded 251 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Wheels Up Appoints George N. Mattson as CEO.

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Stocks Info

The company is listed on the NYSE and operates within the Airports & Air Services industry segment. At the end of the last regular session, the stock closed at $3.04 and fluctuated between $3.1913 as its day high and $2.8000 as its day low. The current market capitalization of Wheels Up Experience Inc. is $78.40M. A total of 0.97 million shares were traded on the day, compared to an average of 1.69M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, UP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 4 BUYs and 4 SELLs from insiders. Insiders purchased 1,093,982 shares during that period but sold 3,167,657.

In the most recent transaction, Briffa Mark sold 9,904 shares of UP for 3.64 per share on Sep 13. After the transaction, the Chief Commercial Officer now owns 69,017 company shares. In a previous transaction on Jan 03, Smith Todd Lamar sold 273,504 shares at 1.04 per share. UP shares that Chief Financial Officer owns now total 1,777,778.

Among the insiders who bought shares, Dichter Kenneth H acquired of 152,327 shares on Dec 15 at a per-share price of $1.13. This resulted in the Chief Executive Officer holding 14,851,599 shares of UP after the transaction. In another insider transaction, Dichter Kenneth H bought 247,673 shares at $1.15 per share on Dec 14. Company shares held by the Chief Executive Officer now total 14,699,272.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for UP in the last 3 months, the mean price target is $32.00 with high estimates of $32.00 and low estimates of $32.00. In terms of 52-week highs and lows, UP has a high of $18.40 and a low of $0.98.

As of this writing, UP has an earnings estimate of -$2.45 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$2.3 per share and a lower estimate of -$2.6. The company reported an EPS of -$2.7 in the last quarter, which was 14.00% higher than expectations of -$3.14.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. UP’s latest balance sheet shows that the firm has $784.57M in Cash & Short Term Investments as of fiscal 2021. There were $115.08M in debt and $1.14B in liabilities at the time. Its Book Value Per Share was $0.50, while its Total Shareholder’s Equity was $736.23M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UP is Buy with a score of 3.67.

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