In the last trading session, 11.83 million Wheels Up Experience Inc (NYSE:UP) shares changed hands as the company’s beta touched 2.38. With the company’s per share price at $1.23 changed hands at -$0.17 or -12.14% during last session, the market valuation stood at $859.62M. UP’s last price was a discount, traded about -273.17% off its 52-week high of $4.59. The share price had its 52-week low at $0.74, which suggests the last value was 39.84% up since then. When we look at Wheels Up Experience Inc’s average trading volume, we note the 10-day average is 2.43 million shares, with the 3-month average coming to 885.90K.
Analysts gave the Wheels Up Experience Inc (UP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended UP as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Wheels Up Experience Inc (NYSE:UP) trade information
Instantly UP was in red as seen at the end of in last trading. With action -8.89%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.90%, with the 5-day performance at -8.89% in the red. However, in the 30-day time frame, Wheels Up Experience Inc (NYSE:UP) is -11.51% down. Looking at the short shares, we see there were 15.92 million shares sold at short interest cover period of 19.11 days.
The consensus price target for the stock as assigned by Wall Street analysts is 500, meaning bulls need an upside of 99.75% from its current market value. According to analyst projections, UP’s forecast low is 500 with 500 as the target high. To hit the forecast high, the stock’s price needs a -40550.41% plunge from its current level, while the stock would need to soar -40550.41% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 43.68%. The 2025 estimates are for Wheels Up Experience Inc earnings to increase by 78.81%.
UP Dividends
Wheels Up Experience Inc is expected to release its next quarterly earnings report on 2024-Mar-07.
Wheels Up Experience Inc (NYSE:UP)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 13.44% of Wheels Up Experience Inc shares while 87.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 100.87%. There are 87.31% institutions holding the Wheels Up Experience Inc stock share, with DELTA AIR LINES, INC. the top institutional holder. As of 2024-06-30, the company held 37.7613% of the shares, roughly 263.37 million UP shares worth $497.77 million.
KNIGHTHEAD CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 37.0095% or 258.13 million shares worth $487.94 million as of 2024-06-30.
