Wheels Up Experience Inc. (NYSE:UP)’s traded shares stood at 1.22 million during the last session. At the close of trading, the stock’s price was $0.89, to imply an increase of 1.58% or $0.02 in intraday trading. The UP share’s 52-week high remains $3.48, putting it -291.01% down since that peak but still an impressive 14.61% since price per share fell to its 52-week low of $0.76. The company has a valuation of $223.51M, with an average of 1.53 million shares in intraday trading volume over the past 10 days and average of 1.60 million shares over the past 3 months.
Wheels Up Experience Inc. (NYSE:UP) trade information
After registering a 1.58% upside in the last session, Wheels Up Experience Inc. (UP) has traded red over the past five days. The stock hit a weekly high of 1.0500 this Thursday, 03/16/23, jumping 1.58% in its intraday price action. The 5-day price performance for the stock is -14.02%, and -21.63% over 30 days. With these gigs, the year-to-date price performance is -14.02%. Short interest in Wheels Up Experience Inc. (NYSE:UP) saw shorts transact 3.84 million shares and set a 1.7 days time to cover.
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Wheels Up Experience Inc. (UP) estimates and forecasts
Looking at statistics comparing Wheels Up Experience Inc. share performance against respective industry, we note that the company has outperformed competitors. Wheels Up Experience Inc. (UP) shares are -46.33% down over the last 6 months, with its year-to-date growth rate higher than industry average at 35.71% against 4.00%. Revenue is forecast to shrink -40.90% this quarter before falling -12.00% for the next one. The rating firms project that company’s revenue will grow 31.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is $400.68 million. Meanwhile, for the quarter ending Mar 2023, a total of 5 analyst(s) estimate revenue growth to $402.09 million.Earnings reports from the last fiscal year show that sales brought in $345.04 million and $325.63 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 16.10% before jumping 23.50% in the following quarter.
UP Dividends
Wheels Up Experience Inc. has its next earnings report out on March 09. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Wheels Up Experience Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Wheels Up Experience Inc. (NYSE:UP)’s Major holders
Wheels Up Experience Inc. insiders hold 9.28% of total outstanding shares, with institutional holders owning 52.12% of the shares at 57.46% float percentage. In total, 52.12% institutions holds shares in the company, led by Delta Air Lines Inc. As of Sep 29, 2022, the company held over 52.0 million shares (or 21.01% of shares), all amounting to roughly $59.8 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 13.1 million shares, or about 5.29% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $15.07 million.
We also have Vanguard Total Stock Market Index Fund and Fidelity Growth Company Fund as the top two Mutual Funds with the largest holdings of the Wheels Up Experience Inc. (UP) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 5.23 million shares. This is just over 2.11% of the total shares, with a market valuation of $6.02 million. Data from the same date shows that the other fund manager holds a little less at 4.62 million, or 1.87% of the shares, all valued at about 5.92 million.