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Open Lending Corporation (LPRO)
NASDAQ:LPRO
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LPRO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.57 - $8.70
Previous Close$6.36
Volume809.99K
Average Volume (3M)334.29K
Market Cap
$732.21M
Enterprise Value$875.50M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$143.29M
Price to Earnings (P/E)124.5
Beta1.63
Next Earnings
Nov 07, 2024EPS Estimate
$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.05
Shares Outstanding119,252,588
10 Day Avg. Volume374,522
30 Day Avg. Volume334,285
Standard Deviation0.16
R-Squared0.13
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.70
Price to Sales (P/S)7.71
Price to Cash Flow (P/CF)-134.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.04
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda32.90
Forecast
1Y Price Target
$7.20Price Target Upside6.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Open Lending News
PremiumCompany Announcements
Open Lending Names Charles D. Jehl Permanent CEO and Board Member
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLPRO's results were highlighted by steady execution versus guidance across the business.
Market OpportunitiesEarly signs of improvement in auto markets and in key credit union lending channel.
Strategic InitiativesOpen Lending's Lender Protection Program is a win-win for the company, its lending and insurance partners, and the retail borrower.
Bears Say
Financial PerformanceThe 3Q guide was also light, implying that the tough environment is expected to persist, with 3Q24 guidance 12% below consensus EBITDA, 9% below on revenues and 8% below on certification volumes.
Market ConditionsCertification volume has slumped as underwriting standards have tightened and premiums have increased, indicating a more cautious approach in the market.
ProfitabilityLPRO's 2Q results were well below Street expectations, as a challenging auto lending environment and another negative profit share charge due to weak credit performance in the back book resulted in another rough quarter.
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Ownership Overview
2.80% Insiders
26.74% Mutual Funds
2.01% Other Institutional Investors
55.19% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LPRO FAQ
What was Open Lending Corporation’s price range in the past 12 months?
Open Lending Corporation lowest stock price was $4.57 and its highest was $8.70 in the past 12 months.
What is Open Lending Corporation’s market cap?
Currently, no data Available
When is Open Lending Corporation’s upcoming earnings report date?
Open Lending Corporation’s upcoming earnings report date is Nov 07, 2024 which is today.
How were Open Lending Corporation’s earnings last quarter?
Open Lending Corporation released its earnings results on Aug 08, 2024. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.047 by -$0.027.
Is Open Lending Corporation overvalued?
According to Wall Street analysts Open Lending Corporation’s price is currently Undervalued.
Does Open Lending Corporation pay dividends?
Open Lending Corporation does not currently pay dividends.
What is Open Lending Corporation’s EPS estimate?
Open Lending Corporation’s EPS estimate is $0.04.
How many shares outstanding does Open Lending Corporation have?
Open Lending Corporation has 119,252,590 shares outstanding.
What happened to Open Lending Corporation’s price movement after its last earnings report?
Open Lending Corporation reported an EPS of $0.02 in its last earnings report, missing expectations of $0.047. Following the earnings report the stock price went up 0.548%.
Which hedge fund is a major shareholder of Open Lending Corporation?
Among the largest hedge funds holding Open Lending Corporation’s share is Royce & Associates LLC. It holds Open Lending Corporation’s shares valued at 1M.
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Open Lending Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.20 (6.82% Upside)
$7.20 (6.82% Upside)
Hedge Fund Trend
Decreased
By 125.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.15%
12-Months-Change
Fundamentals
Return on Equity
2.82%
Trailing 12-Months
Asset Growth
-1.03%
Trailing 12-Months
Company Description
Open Lending Corporation
nebula Acquisition Corp. operates as a blank check company. It engages in the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on October 2, 2017 and is headquartered in San Francisco, CA.
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LPRO Company Deck
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LPRO Earnings Call
Q2 2024
0:00 / 0:00
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LPRO Stock 12 Month Forecast
Average Price Target
$7.20
▲(6.82% Upside)
Technical Analysis
Best Analysts Covering LPRO
1 Year
1 Year Success Rate
8/21 ratings generated profit
1 Year Average Return
-19.31%
reiterated a buy rating 3 days ago
Copying Peter Heckmann's trades and holding each position for 1 Year would result in 38.10% of your transactions generating a profit, with an average return of -19.31% per trade.
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