With 74.02% Distance From Low, Is Oportun Financial Corp (NASDAQ:OPRT) Poised For More Gains?

In last trading session, Oportun Financial Corp (NASDAQ:OPRT) saw 0.7 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $7.89 trading at -$0.07 or -0.88% at ring of the bell on the day assigns it a market valuation of $283.85M. That closing price of OPRT’s stock is at a discount of -17.11% from its 52-week high price of $9.24 and is indicating a premium of 74.02% from its 52-week low price of $2.05.

For Oportun Financial Corp (OPRT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 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 0.08 in the current quarter.

Oportun Financial Corp (NASDAQ:OPRT) trade information

Upright in the red during last session for losing -0.88%, in the last five days OPRT remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $7.89 price level, adding 14.61% to its value on the day. Oportun Financial Corp’s shares saw a change of 103.35% in year-to-date performance and have moved 23.28% in past 5-day. Oportun Financial Corp (NASDAQ:OPRT) showed a performance of 107.63% in past 30-days.

Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a fall of -31.5% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would jump 55.64% in reaching the projected high whereas dropping to the targeted low would mean a gain of 55.64% for stock’s current value.

Oportun Financial Corp (OPRT) estimates and forecasts

This year revenue growth is estimated to fall -3.91% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 228.75M for the same. And 4 analysts are in estimates of company making revenue of 236.5M in the next quarter. Company posted 250.48M and 250.4M of sales in current and next quarters respectively a year earlier.

Oportun Financial Corp (NASDAQ:OPRT)’s Major holders

NEUBERGER BERMAN GROUP LLC is the top institutional holder at OPRT for having 3.76 million shares of worth $10.91 million. And as of 2024-06-30, it was holding 9.6685 of the company’s outstanding shares.

The second largest institutional holder is FINDELL CAPITAL MANAGEMENT LLC, which was holding about 3.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.7139 of outstanding shares, having a total worth of $10.06 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 861.13 shares of worth $6.79 million or 2.39% of the total outstanding shares. The later fund manager was in possession of 391.65 shares on Sep 30, 2024 , making its stake of worth around $3.09 million in the company or a holder of 1.09% of company’s stock.