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Open Lending Corporation (LPRO)
NASDAQ:LPRO
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LPRO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.57 - $8.70
Previous Close$6.37
Volume498.56K
Average Volume (3M)340.80K
Market Cap
$759.66M
Enterprise Value$901.16M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$141.50M
Price to Earnings (P/E)165.8
Beta1.57
Next Earnings
Feb 20, 2025EPS Estimate
$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding119,252,588
10 Day Avg. Volume466,664
30 Day Avg. Volume340,804
Standard Deviation0.16
R-Squared0.13
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)3.50
Price to Sales (P/S)7.15
Price to Cash Flow (P/CF)-125.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.25
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda117.61
Forecast
1Y Price Target
$6.75Price Target Upside7.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Open Lending News
PremiumCompany Announcements
Open Lending Reports Q3 2024 Financial Results
PremiumCompany Announcements
Open Lending Names Charles D. Jehl Permanent CEO and Board Member
Bulls Say, Bears Say
Bulls Say
Analyst RatingAnalyst maintains a Market Outperform rating following the pullback at a valuation of ~7x updated 2025 EBITDA forecast given the improving sector outlook, continued execution on pipeline and partnership growth.
Financial HealthThe balance sheet remains strong with approximately $109M in net cash, and the company remains free cash flow positive despite the tough environment.
New Business GrowthNew logo signings in the quarter were a record at 21, up from 8 a year ago, underscoring a revamped go to market over the last few quarters.
Bears Say
Financial PerformanceShares of Open Lending declined by 12.6% following 3Q results that saw better certification volume than expected, yet an additional write-down to its profit-sharing on the 'back book' of underperforming 2021 and 2022 loans, which drove a revenue and earnings miss.
GuidanceNear-term guidance implies further stress with fourth-quarter guidance of only 22,000 to 24,000 certs, representing material sequential and year-over-year declines.
Industry ChallengesThere continue to be challenges in the back book for near-prime auto lenders, due to a combination of falling collateral values/used car prices, FICO score migration during the pandemic, and other credit challenges facing near-prime borrowers.
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Ownership Overview
2.80% Insiders
26.74% Mutual Funds
2.53% Other Institutional Investors
54.48% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LPRO FAQ
What was Open Lending Corporation’s price range in the past 12 months?
Open Lending Corporation lowest stock price was $4.57 and its highest was $8.70 in the past 12 months.
What is Open Lending Corporation’s market cap?
Currently, no data Available
When is Open Lending Corporation’s upcoming earnings report date?
Open Lending Corporation’s upcoming earnings report date is Feb 20, 2025 which is in 99 days.
How were Open Lending Corporation’s earnings last quarter?
Open Lending Corporation released its earnings results on Nov 07, 2024. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.044 by -$0.034.
Is Open Lending Corporation overvalued?
According to Wall Street analysts Open Lending Corporation’s price is currently Undervalued.
Does Open Lending Corporation pay dividends?
Open Lending Corporation does not currently pay dividends.
What is Open Lending Corporation’s EPS estimate?
Open Lending Corporation’s EPS estimate is $0.02.
How many shares outstanding does Open Lending Corporation have?
Open Lending Corporation has 119,350,000 shares outstanding.
What happened to Open Lending Corporation’s price movement after its last earnings report?
Open Lending Corporation reported an EPS of $0.01 in its last earnings report, missing expectations of $0.044. Following the earnings report the stock price went down -12.593%.
Which hedge fund is a major shareholder of Open Lending Corporation?
Among the largest hedge funds holding Open Lending Corporation’s share is Royce & Associates LLC. It holds Open Lending Corporation’s shares valued at 1M.
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Open Lending Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$6.75 (7.14% Upside)
$6.75 (7.14% Upside)
Hedge Fund Trend
Decreased
By 125.1K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.50%
12-Months-Change
Fundamentals
Return on Equity
2.11%
Trailing 12-Months
Asset Growth
3.22%
Trailing 12-Months
Company Description
Open Lending Corporation
nebula Acquisition Corp. operates as a blank check company. It engages in the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on October 2, 2017 and is headquartered in San Francisco, CA.
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LPRO Company Deck
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LPRO Earnings Call
Q3 2024
0:00 / 0:00
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LPRO Stock 12 Month Forecast
Average Price Target
$6.75
▲(7.14% Upside)
Technical Analysis
Best Analysts Covering LPRO
1 Year
1 Year Success Rate
8/22 ratings generated profit
1 Year Average Return
-17.59%
reiterated a buy rating 2 days ago
Copying Peter Heckmann's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of -17.59% per trade.
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