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OppFi Inc (NYSE:OPFI), Stock Jumps 37.87% Far This Year; What Analysts Say Next?

In last trading session, OppFi Inc (NYSE:OPFI) saw 0.37 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $3.24 trading at $0.18 or 5.88% at ring of the bell on the day assigns it a market valuation of $358.57M. That closing price of OPFI’s stock is at a premium of 4.94% from its 52-week high price of $3.08 and is indicating a premium of 47.53% from its 52-week low price of $1.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.16 million shares which gives us an average trading volume of 115.58K if we extend that period to 3-months.

For OppFi Inc (OPFI), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.08 in the current quarter.

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OppFi Inc (NYSE:OPFI) trade information

Upright in the green during last session for gaining 5.88%, in the last five days OPFI remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $3.24 price level, adding 1.82% to its value on the day. OppFi Inc’s shares saw a change of 58.05% in year-to-date performance and have moved 31.17% in past 5-day. OppFi Inc (NYSE:OPFI) showed a performance of 44.00% in past 30-days. Number of shares sold short was 0.63 million shares which calculate 7.95 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $3.92 to the stock, which implies a rise of 17.35% to its current value. Analysts have been projecting $3.25 as a low price target for the stock while placing it at a high target of $5.00. It follows that stock’s current price would drop -54.32% in reaching the projected high whereas dropping to the targeted low would mean a loss of -0.31% for stock’s current value.

OppFi Inc (OPFI) estimates and forecasts

Statistics highlight that OppFi Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 46.61% of value to its shares in past 6 months, showing an annual growth rate of 700.00% while that of industry is 9.10. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 142.10% in the current quarter and calculating 120.00% increase in the next quarter. This year revenue growth is estimated to rise 13.00% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $136.18 million for the same. And 2 analysts are in estimates of company making revenue of $137.52 million in the next quarter that will end on Mar 2024. Company posted $120.03 million and $116.74 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 13.50% while estimating it to be 17.80% for the next quarter.

OPFI Dividends

OppFi Inc is more likely to be releasing its next quarterly report on November 09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

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