Should You Expect Wheels Up Experience Inc (NYSE:UP) To Recover From Its 60.96% Gain From Highs?

ZM Stock

Wheels Up Experience Inc (NYSE:UP)’s traded shares stood at 0.85 million during the last session, with the company’s beta value hitting 2.14. At the close of trading, the stock’s price was $2.51, to imply a decrease of -5.64% or -$0.15 in intraday trading. The UP share’s 52-week high remains $6.08, putting it -142.23% down since that peak but still an impressive 60.96% since price per share fell to its 52-week low of $0.98. The company has a valuation of $1.75B, with an average of 695.98K shares over the past 3 months.

Wheels Up Experience Inc (NYSE:UP) trade information

After registering a -5.64% downside in the last session, Wheels Up Experience Inc (UP) has traded red over the past five days. The stock hit a weekly high of 2.86, dropping -5.64% in its intraday price action. The 5-day price performance for the stock is -5.64%, and -9.06% over 30 days. With these gigs, the year-to-date price performance is -26.82%.

Wheels Up Experience Inc (UP) estimates and forecasts

The rating firms project that company’s revenue will shrink -20.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is $246.38 million. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $376.18 million.Earnings reports from the last fiscal year show that sales brought in $408.26 million and $351.81 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -39.70% before jumping 6.90% in the following quarter.

UP Dividends

Wheels Up Experience Inc has its next earnings report out in May. 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%.