Currently, Open Lending Corp [LPRO] is trading at $4.50, down -0.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LPRO shares have gain 2.16% over the last week, with a monthly amount drifted -28.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Open Lending Corp [NASDAQ: LPRO] stock has seen the most recent analyst activity on January 29, 2025, when Needham upgraded its rating to a Buy but kept the price target unchanged to $7 for it. Previously, Needham downgraded its rating to Hold on July 22, 2024. On June 07, 2024, BTIG Research initiated with a Neutral rating. Morgan Stanley upgraded its rating to a Equal-Weight and increased its price target to $7 on February 06, 2024. Canaccord Genuity downgraded its rating to a Hold and reduced its price target to $5.50 on November 08, 2023.
This stock has fluctuated between a low of $4.33 and a high of $7.49 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Open Lending Corp [NASDAQ: LPRO] shares were valued at $4.50 at the most recent close of the market. An investor can expect a potential return of 77.78% based on the average LPRO price forecast.
Analyzing the LPRO fundamentals
Trailing Twelve Months sales for Open Lending Corp [NASDAQ:LPRO] were 95.89M which represents -9.73% decline. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.66.
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 4.46 points at the first support level, and at 4.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.56, and for the 2nd resistance point, it is at 4.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Open Lending Corp [NASDAQ:LPRO] is 9.42. Also, the Quick Ratio is 9.42, while the Cash Ratio stands at 8.0. Considering the valuation of this stock, the price to sales ratio is 5.60, the price to book ratio is 2.43 and price to earnings (TTM) ratio is 117.19.
Transactions by insiders
Recent insider trading involved Flynn John Joseph, Director, that happened on Mar 21 ’24 when 50000.0 shares were sold.
