OppFi Inc (NYSE:OPFI) jumps 69.28% In 2024; How Attractive Is It At $7.23?

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In last trading session, OppFi Inc (NYSE:OPFI) saw 0.57 million shares changing hands with its beta currently measuring 1.47. Company’s recent per share price level of $7.23 trading at $0.01 or 0.14% at ring of the bell on the day assigns it a market valuation of $623.33M. That closing price of OPFI’s stock is at a discount of -18.12% from its 52-week high price of $8.54 and is indicating a premium of 68.88% from its 52-week low price of $2.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 435.91K if we extend that period to 3-months.

For OppFi Inc (OPFI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 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 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.14 in the current quarter.

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OppFi Inc (NYSE:OPFI) trade information

Upright in the green during last session for gaining 0.14%, in the last five days OPFI remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $7.23 price level, adding 10.74% to its value on the day. OppFi Inc’s shares saw a change of 47.26% in year-to-date performance and have moved -1.50% in past 5-day. OppFi Inc (NYSE:OPFI) showed a performance of 1.83% in past 30-days. Number of shares sold short was 2.06 million shares which calculate 3.9 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a fall of -141.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 58.51% in reaching the projected high whereas dropping to the targeted low would mean a gain of 58.51% 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 115.18% of value to its shares in past 6 months, showing an annual growth rate of 68.63% while that of industry is 23.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.91% 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 133.5M for the same. And 3 analysts are in estimates of company making revenue of 134.01M in the next quarter. Company posted 132.92M and 127.34M of sales in current and next quarters respectively a year earlier.

OppFi Inc (NYSE:OPFI)’s Major holders

Insiders are in possession of 10.44% of company’s total shares while institution are holding 43.93 percent of that, with stock having share float percentage of 49.05%. Investors also watch the number of corporate investors in a company very closely, which is 43.93% institutions for OppFi Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at OPFI for having 1.06 million shares of worth $3.58 million. And as of 2024-06-30, it was holding 5.4949 of the company’s outstanding shares.

The second largest institutional holder is LB PARTNERS LLC, which was holding about 0.92 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7954 of outstanding shares, having a total worth of $3.12 million.