During the last session, Wheels Up Experience Inc (NYSE:UP)’s traded shares were 1.44 million, with the beta value of the company hitting 2.19. At the end of the trading day, the stock’s price was $2.66, reflecting an intraday loss of -2.21% or -$0.06. The 52-week high for the UP share is $9.40, that puts it down -253.38 from that peak though still a striking 63.16% gain since the share price plummeted to a 52-week low of $0.98. The company’s market capitalization is $1.85B, and the average intraday trading volume over the past 10 days was 0.78 million shares, and the average trade volume was 1.34 million shares over the past three months.
Wheels Up Experience Inc (NYSE:UP) trade information
Wheels Up Experience Inc (UP) registered a -2.21% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.21% in intraday trading to $2.66, hitting a weekly high. The stock’s 5-day price performance is 9.92%, and it has moved by -17.13% in 30 days. Based on these gigs, the overall price performance for the year is -69.49%. The short interest in Wheels Up Experience Inc (NYSE:UP) is 4.4 million shares and it means that shorts have 6.36 day(s) to cover.
Wheels Up Experience Inc (UP) estimates and forecasts
In the rating firms’ projections, revenue will decrease -20.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $246.38 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $376.18 million by the end of Mar 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $408.26 million and $351.81 million respectively. In this case, analysts expect current quarter sales to shrink by -39.70% and then jump by 6.90% in the coming quarter.
While earnings are projected to return 78.81% in 2024.
UP Dividends
Wheels Up Experience Inc is due to release its next quarterly earnings between May 12 and May 16. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Wheels Up Experience Inc (NYSE:UP)’s Major holders
Wheels Up Experience Inc insiders own 12.69% of total outstanding shares while institutional holders control 85.86%, with the float percentage being 98.34%. Delta Air Lines Inc is the largest shareholder of the company, while 103 institutions own stock in it. As of Jun 29, 2023, the company held over 5.2 million shares (or 20.49% of all shares), a total value of $6.08 million in shares.
The next largest institutional holding, with 0.83 million shares, is of Vanguard Group Inc’s that is approximately 3.26% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $0.97 million.
Also, the Mutual Funds coming in first place with the largest holdings of Wheels Up Experience Inc (UP) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 0.52 million shares. This amounts to just over 2.06 percent of the company’s overall shares, with a $0.61 million market value. The same data shows that the other fund manager holds slightly less at 0.25 million, or about 1.00% of the stock, which is worth about $0.3 million.
