What to know about Offerpad Solutions Inc (OPAD)’s sales and margins

Offerpad Solutions Inc [OPAD] stock is trading at $4.77, up 15.50%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OPAD shares have gain 33.24% over the last week, with a monthly amount glided 56.91%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Offerpad Solutions Inc [NYSE: OPAD] stock has seen the most recent analyst activity on August 06, 2024, when Keefe Bruyette upgraded its rating to a Mkt Perform. Previously, JP Morgan downgraded its rating to Neutral on March 08, 2023. On December 14, 2022, downgrade downgraded it’s rating to Underperform and revised its price target to $0.40 on the stock. Wedbush initiated its recommendation with a Outperform and recommended $5 as its price target on July 11, 2022. Compass Point started tracking with a Buy rating for this stock on June 21, 2022, and assigned it a price target of $5.50.

Offerpad Solutions Inc [OPAD] stock has fluctuated between $2.57 and $11.22 over the past year. Currently, Wall Street analysts expect the stock to reach $654.35 within the next 12 months. Offerpad Solutions Inc [NYSE: OPAD] shares were valued at $4.77 at the most recent close of the market. An investor can expect a potential return of 13618.03% based on the average OPAD price forecast.

Analyzing the OPAD fundamentals

Offerpad Solutions Inc [NYSE:OPAD] reported sales of 985.00M for the trailing twelve months, which represents a drop of -11.17%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.73 and Total Capital is -0.58. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.88.

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 4.38 points at the first support level, and at 3.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.97, and for the 2nd resistance point, it is at 5.18.

Ratios To Look Out For

For context, Offerpad Solutions Inc’s Current Ratio is 1.23. In addition, the Quick Ratio stands at 0.25 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 2.02.

Transactions by insiders

Recent insider trading involved Sella Roberto Marco, Director, that happened on Jun 13 ’24 when 10000.0 shares were purchased. Director, Sella Roberto Marco completed a deal on Jun 14 ’24 to buy 7698.0 shares. Meanwhile, Director Sella Roberto Marco bought 2735.0 shares on Jun 12 ’24.

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