Wheels Up Experience Inc. (UP)

NYSE: UP · IEX Real-Time Price · USD
3.010
+0.130 (4.51%)
At close: Mar 27, 2024, 4:00 PM
3.000
-0.010 (-0.33%)
After-hours: Mar 27, 2024, 7:54 PM EDT

Total Valuation

UP has a market cap or net worth of $2.01 billion. The enterprise value is $2.05 billion.

Market Cap 2.01B
Enterprise Value 2.05B

Important Dates

The last earnings date was Thursday, March 7, 2024, before market open.

Earnings Date Mar 7, 2024
Ex-Dividend Date n/a

Share Statistics

UP has 697.32 million shares outstanding. The number of shares has increased by 438.10% in one year.

Shares Outstanding 697.32M
Shares Change (YoY) +438.10%
Shares Change (QoQ) +220.39%
Owned by Insiders (%) 12.69%
Owned by Institutions (%) 85.86%
Float n/a

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.60
Forward PS 1.20
PB Ratio 20.61
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.64
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.48, with a Debt / Equity ratio of 3.46.

Current Ratio 0.48
Quick Ratio 0.38
Debt / Equity 3.46
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -10.78

Financial Efficiency

Return on equity (ROE) is -465.70% and return on invested capital (ROIC) is -102.13%.

Return on Equity (ROE) -465.70%
Return on Assets (ROA) -34.00%
Return on Capital (ROIC) -102.13%
Revenue Per Employee $568,140
Profits Per Employee -$220,937
Employee Count 2,206
Asset Turnover 0.87
Inventory Turnover 32.40

Taxes

In the past 12 months, UP has paid $1.38 million in taxes.

Income Tax 1.38M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -55.83% in the last 52 weeks. The beta is 2.19, so UP's price volatility has been higher than the market average.

Beta (1Y) 2.19
52-Week Price Change -55.83%
50-Day Moving Average 3.10
200-Day Moving Average 2.38
Relative Strength Index (RSI) 53.15
Average Volume (30 Days) 1,060,842

Short Selling Information

The latest short interest is 4.40 million, so 0.63% of the outstanding shares have been sold short.

Short Interest 4.40M
Short Previous Month 3.50M
Short % of Shares Out 0.63%
Short % of Float n/a
Short Ratio (days to cover) 6.36

Income Statement

In the last 12 months, UP had revenue of $1.25 billion and -$487.39 million in losses. Loss per share was -$3.69.

Revenue 1.25B
Gross Profit 20.81M
Operating Income -443.56M
Pretax Income -486.00M
Net Income -487.39M
EBITDA -386.22M
EBIT -444.75M
Loss Per Share -$3.69
Full Income Statement

Balance Sheet

The company has $292.83 million in cash and $336.90 million in debt, giving a net cash position of -$44.07 million or -$0.06 per share.

Cash & Cash Equivalents 292.83M
Total Debt 336.90M
Net Cash -44.07M
Net Cash Per Share -$0.06
Equity / Book Value 97.40M
Book Value Per Share 0.14
Working Capital -473.47M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$665.29 million and capital expenditures $27.40 million, giving a free cash flow of -$637.88 million.

Operating Cash Flow -665.29M
Capital Expenditures 27.40M
Free Cash Flow -637.88M
FCF Per Share -$4.83
Full Cash Flow Statement

Margins

Gross margin is 1.66%, with operating and profit margins of -35.39% and -38.89%.

Gross Margin 1.66%
Operating Margin -35.39%
Pretax Margin -38.78%
Profit Margin -38.89%
EBITDA Margin -30.82%
EBIT Margin -35.49%
FCF Margin -50.90%

Dividends & Yields

UP does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -438.10%
Shareholder Yield -438.10%
Earnings Yield -24.28%
FCF Yield -31.78%

Analyst Forecast

The average price target for UP is $28.50, which is 846.84% higher than the current price. The consensus rating is "Hold".

Price Target $28.50
Price Target Difference 846.84%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 8, 2023. It was a reverse split with a ratio of 1:10.

Last Split Date Jun 8, 2023
Split Type Reverse
Split Ratio 1:10

Scores

UP has an Altman Z-Score of -1.48 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.48
Piotroski F-Score 2