In today’s recent session, 7.6 million shares of the Oportun Financial Corp (NASDAQ:OPRT) have been traded, and its beta is 1.25. Most recently the company’s share price was $3.13, and it changed around $0.88 or 39.11% from the last close, which brings the market valuation of the company to $107.14M. OPRT at last check was trading at a discount to its 52-week high of $7.73, offering almost -146.96% off that amount. The share price’s 52-week low was $2.05, which indicates that the recent value has risen by an impressive 34.5% since then. We note from Oportun Financial Corp’s average daily trading volume that its 3-month average coming to 190.00K.
Oportun Financial Corp (NASDAQ:OPRT) trade information
Instantly OPRT has been showing a green trend so far today with a performance of 39.11% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -19.95% year-to-date, but still up 42.92% over the last five days. On the other hand, Oportun Financial Corp (NASDAQ:OPRT) is 19.01% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $11.17, which translates to bulls needing to increase their stock price by 71.98% from its current value. Analyst projections state that OPRT is forecast to be at a low of $3.5 and a high of $24.
Oportun Financial Corp (OPRT) estimates and forecasts
Oportun Financial Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -46.95 percent over the past six months and at a 96.74% annual growth rate that is well above the industry average of 10.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 85.40% in revenue this quarter, and will report a decrease of -300.00% in the next quarter. The year-over-year growth rate is expected to be -6.90%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $235.84 million in revenue for the current quarter. 2 analysts expect Oportun Financial Corp to make $243.38 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $246.06 million and $266.6 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -4.20%. Forecasts for the next quarter put sales growth at -8.70%.
Oportun Financial Corp earnings are expected to increase by 104.15% in 2024, but the outlook is negative -3.80% per year for the next five years.
