In last trading session, Open Lending Corp (NASDAQ:LPRO) saw 4.41 million shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $1.04 trading at $0.03 or 2.97% at ring of the bell on the day assigns it a market valuation of $124.57M. That closing price of LPRO’s stock is at a discount of -570.19% from its 52-week high price of $6.97 and is indicating a premium of 32.69% from its 52-week low price of $0.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.26 million shares which gives us an average trading volume of 2.42 million if we extend that period to 3-months.
For Open Lending Corp (LPRO), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.01 in the current quarter.
Open Lending Corp (NASDAQ:LPRO) trade information
Upright in the green during last session for gaining 2.97%, in the last five days LPRO remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $1.04 price level, adding 9.45% to its value on the day. Open Lending Corp’s shares saw a change of -82.58% in year-to-date performance and have moved 16.18% in past 5-day. Open Lending Corp (NASDAQ:LPRO) showed a performance of -68.48% in past 30-days. Number of shares sold short was 2.98 million shares which calculate 2.61 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 86.13% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 38. It follows that stock’s current price would drop -573.08% in reaching the projected high whereas dropping to the targeted low would mean a loss of -573.08% for stock’s current value.
Open Lending Corp (LPRO) estimates and forecasts
This year revenue growth is estimated to rise 313.14% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 24.62M for the same. And 6 analysts are in estimates of company making revenue of 24.27M in the next quarter. Company posted 30.75M and 26.73M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 17.56% during past 5 years.
Open Lending Corp (NASDAQ:LPRO)’s Major holders
Insiders are in possession of 2.81% of company’s total shares while institution are holding 90.52 percent of that, with stock having share float percentage of 93.14%. Investors also watch the number of corporate investors in a company very closely, which is 90.52% institutions for Open Lending Corp that are currently holding shares of the company. WASATCH ADVISORS LP is the top institutional holder at LPRO for having 16.41 million shares of worth $91.56 million. And as of 2024-06-30, it was holding 13.7642 of the company’s outstanding shares.
The second largest institutional holder is PRICE T ROWE ASSOCIATES INC /MD/, which was holding about 10.75 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.0161 of outstanding shares, having a total worth of $59.97 million.
On the other hand, T. Rowe Price Mid-Cap Value Fund, Inc. and WASATCH FUNDS TRUST-Wasatch Core Growth Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 7.27 shares of worth $7.57 million or 6.07% of the total outstanding shares. The later fund manager was in possession of 4.11 shares on Dec 31, 2024 , making its stake of worth around $4.27 million in the company or a holder of 3.43% of company’s stock.
