In the last trading session, 1.32 million Open Lending Corp (NASDAQ:LPRO) shares changed hands as the company’s beta touched 2.05. With the company’s per share price at $2.06 changed hands at -$0.05 or -2.14% during last session, the market valuation stood at $246.76M. LPRO’s last price was a discount, traded about -238.35% off its 52-week high of $6.97. The share price had its 52-week low at $0.70, which suggests the last value was 66.02% up since then.
Analysts gave the Open Lending Corp (LPRO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended LPRO as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Open Lending Corp’s EPS for the current quarter is expected to be 0.01.
Open Lending Corp (NASDAQ:LPRO) trade information
Instantly LPRO was in red as seen at the end of in last trading. With action 18.39%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -65.49%, with the 5-day performance at 18.39% in the green. However, in the 30-day time frame, Open Lending Corp (NASDAQ:LPRO) is 142.27% up.
The consensus price target for the stock as assigned by Wall Street analysts is 7.5, meaning bulls need an upside of 72.53% from its current market value. According to analyst projections, LPRO’s forecast low is 7 with 38 as the target high. To hit the forecast high, the stock’s price needs a -1744.66% plunge from its current level, while the stock would need to soar -239.81% for it to hit the projected low.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 23.89M. 6 analysts are of the opinion that Open Lending Corp’s revenue for the current quarter will be 24.09M. The company’s revenue for the corresponding quarters a year ago was 26.73M and 23.48M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -10.60%. The estimates for the next quarter sales put growth at 2.61%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 17.56%. The 2025 estimates are for Open Lending Corp earnings to increase by 100.00%.
LPRO Dividends
Open Lending Corp is expected to release its next quarterly earnings report in June.
PRICE T ROWE ASSOCIATES INC /MD/ holds the second largest percentage of outstanding shares, with 9.0161% or 10.75 million shares worth $59.97 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were T. Rowe Price Mid-Cap Value Fund, Inc. and WASATCH FUNDS TRUST-Wasatch Core Growth Fund . With 7.27 shares estimated at $14.99 million under it, the former controlled 6.07% of total outstanding shares. On the other hand, WASATCH FUNDS TRUST-Wasatch Core Growth Fund held about 3.43% of the shares, roughly 4.11 shares worth around $8.46 million.
