Oportun Financial Corp’s stock (OPRT) continues to rise above its goal

A share price of Oportun Financial Corp [OPRT] is currently trading at $3.08, up 6.21%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OPRT shares have gain 7.32% over the last week, with a monthly amount glided 12.00%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Oportun Financial Corp [NASDAQ: OPRT] stock has seen the most recent analyst activity on March 15, 2024, when JMP Securities downgraded its rating to a Mkt Perform. Previously, Jefferies downgraded its rating to Hold on March 14, 2024, and dropped its price target to $3.50. On October 17, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $8 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $9 on June 29, 2023. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on March 14, 2023, and downed its price target to $4. In a note dated January 06, 2023, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $7 to $6.

Oportun Financial Corp experienced fluctuations in its stock price throughout the past year between $2.05 and $7.73. Currently, Wall Street analysts expect the stock to reach $11.17 within the next 12 months. Oportun Financial Corp [NASDAQ: OPRT] shares were valued at $3.08 at the most recent close of the market. An investor can expect a potential return of 262.66% based on the average OPRT price forecast.

Analyzing the OPRT fundamentals

Trailing Twelve Months sales for Oportun Financial Corp [NASDAQ:OPRT] were 1.03B which represents -6.06% decline. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.3 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.94.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.76 points at the first support level, and at 2.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.35, and for the 2nd resistance point, it is at 3.63.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Oportun Financial Corp [NASDAQ:OPRT] is 3.99. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 0.31.

Transactions by insiders

Recent insider trading involved Institutional Venture Manageme, 10% Owner, that happened on Sep 05 ’23 when 50000.0 shares were sold.

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