An Evaluation Of Upstart Holdings Inc (NASDAQ: UPST) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Upstart to Report Fourth Quarter and Full Year 2023 Earnings on February 13, 2024.

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Stocks Info

UPST belongs to the Financial sector of the NASDAQ while operating in the Credit Services industry. At the end of the last regular session, the stock closed at $35.08 and fluctuated between $36.79 as its day high and $34.86 as its day low. The current market capitalization of Upstart Holdings Inc is $2.98B. A total of 8.04 million shares were traded on the day, compared to an average of 9.54M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, UPST has seen 3 BUY and 13 SELL insider trades, representing the acquisition of 19,328 and the disposition of 26,328 shares. Over the last 12 months, there were 37 BUYs and 70 SELLs from insiders. Insiders purchased 543,531 shares during that period but sold 281,902.

In the most recent transaction, Datta Sanjay sold 1,000 shares of UPST for 31.04 per share on Jan 16. After the transaction, the Chief Financial Officer now owns 358,090 company shares. In a previous transaction on Jan 08, Datta Sanjay sold 1,000 shares at 34.14 per share. UPST shares that Chief Financial Officer owns now total 359,090.

Among the insiders who sold shares, Gu Paul disposed of 60,000 shares on Jan 02 at a per-share price of $39.41. This resulted in the Chief Technology Offier holding 848,063 shares of UPST after the transaction. In another insider transaction, Datta Sanjay sold 1,000 shares at $39.62 per share on Jan 02. Company shares held by the Chief Financial Officer now total 360,090.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, UPST has a high of $72.58 and a low of $11.93.

As of this writing, UPST has an earnings estimate of -$0.14 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.17. The company reported an EPS of $0.06 in the last quarter, which was 185.70% higher than expectations of -$0.07.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $7.54, while its Total Shareholder’s Equity was $807.08M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 UPST is Buy with a score of 2.13.

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