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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 - $8.43
Previous Close$5.61
Volume270.85K
Average Volume (3M)326.10K
Market Cap
$697.00M
Enterprise Value$811.06M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$141.50M
Price to Earnings (P/E)146.1
Beta1.48
Next Earnings
Feb 20, 2025EPS Estimate
$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding119,350,001
10 Day Avg. Volume200,092
30 Day Avg. Volume326,104
Standard Deviation0.16
R-Squared0.14
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)3.00
Price to Sales (P/S)6.98
Price to Cash Flow (P/CF)14.70
P/FCF Ratio14.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.32
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda105.85
Forecast
1Y Price Target
$6.75Price Target Upside21.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Open Lending News
PremiumCompany Announcements
Open Lending Reports Q3 2024 Financial Results
PremiumCompany Announcements
Open Lending Names Charles D. Jehl Permanent CEO and Board Member
Bulls Say, Bears Say
Bulls Say
Business Model ValidationThe third OEM partnership is seen as a vindication against investor concerns about Open Lending's business model and the attractiveness of the Lenders Protection product.
Financial PerformanceThe balance sheet remains strong with approximately $109M in net cash, and the company remains free cash flow positive despite the tough environment.
Market OpportunityThere is more upside to LPRO shares once the company executes on the addressable market of near- and non-prime auto customers currently unserved by captive lenders.
Bears Say
Near-term Outlook ConstraintsNear-term guidance implies further stress with fourth-quarter guidance of only 22,000 to 24,000 certs, representing material sequential and year-over-year declines.
Profit Share ChallengesOngoing pressure on profit share and a more measured pace of improvement in credit union demand lead to caution regarding future revenue growth.
Revenue And Earnings MissShares of Open Lending declined by 12.6% following 3Q results that saw better certification volume than expected, yet an additional write-down to its profit-sharing on the 'back book' of underperforming 2021 and 2022 loans, which drove a revenue and earnings miss.
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Ownership Overview
2.80% Insiders
27.73% Mutual Funds
35.91% Other Institutional Investors
20.02% 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 $8.43 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 Feb 20, 2025 which is in 41 days.
How were Open Lending Corporation’s earnings last quarter?
Open Lending Corporation released its earnings results on Nov 07, 2024. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.044 by -$0.034.
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 $0.02.
How many shares outstanding does Open Lending Corporation have?
Open Lending Corporation has 119,350,000 shares outstanding.
What happened to Open Lending Corporation’s price movement after its last earnings report?
Open Lending Corporation reported an EPS of $0.01 in its last earnings report, missing expectations of $0.044. Following the earnings report the stock price went down -12.593%.
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 3M.
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Open Lending Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$6.75 (21.62% Upside)
$6.75 (21.62% Upside)
Hedge Fund Trend
Increased
By 290.6K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-27.23%
12-Months-Change
Fundamentals
Return on Equity
2.11%
Trailing 12-Months
Asset Growth
3.22%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in customer acquisition and technological advancements, which are positive signs for future growth. However, these were overshadowed by challenges such as profit share revisions, credit tightening impacting loan volumes, and the continued difficulties faced by core credit union customers. The balance of these factors results in a cautious outlook.Read More>---
LPRO Stock 12 Month Forecast
Average Price Target
$6.75
▲(21.62% Upside)
Technical Analysis
Best Analysts Covering LPRO
1 Year
1 Year Success Rate
5/22 ratings generated profit
1 Year Average Return
-21.55%
reiterated a buy rating 2 months ago
Copying Peter Heckmann's trades and holding each position for 1 Year would result in 22.73% of your transactions generating a profit, with an average return of -21.55% per trade.
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