Openlane Statistics
Total Valuation
Openlane has a market cap or net worth of $1.94 billion. The enterprise value is $2.17 billion.
| Market Cap | 1.94B |
| Enterprise Value | 2.17B |
Important Dates
The next confirmed earnings date is Wednesday, August 7, 2024, after market close.
| Earnings Date | Aug 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Openlane has 108.30 million shares outstanding. The number of shares has decreased by -0.80% in one year.
| Shares Outstanding | 108.30M |
| Shares Change (YoY) | -0.80% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 1.78% |
| Owned by Institutions (%) | 104.28% |
| Float | 106.01M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 20.80 |
| PS Ratio | 1.18 |
| Forward PS | 1.10 |
| PB Ratio | 1.46 |
| P/FCF Ratio | 10.36 |
| PEG Ratio | 1.34 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.62, with an EV/FCF ratio of 11.63.
| EV / Earnings | n/a |
| EV / Sales | 1.32 |
| EV / EBITDA | 17.62 |
| EV / EBIT | 105.53 |
| EV / FCF | 11.63 |
Financial Position
The company has a current ratio of 1.15, with a Debt / Equity ratio of 0.29.
| Current Ratio | 1.15 |
| Quick Ratio | 1.10 |
| Debt / Equity | 0.29 |
| Debt / EBITDA | 3.15 |
| Debt / FCF | 2.08 |
| Interest Coverage | 0.13 |
Financial Efficiency
Return on equity (ROE) is -11.20% and return on invested capital (ROIC) is -0.07%.
| Return on Equity (ROE) | -11.20% |
| Return on Assets (ROA) | -3.10% |
| Return on Capital (ROIC) | -0.07% |
| Revenue Per Employee | $364,622 |
| Profits Per Employee | -$32,956 |
| Employee Count | 4,500 |
| Asset Turnover | 0.34 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Openlane has paid $11.70 million in taxes.
| Income Tax | 11.70M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +13.60% in the last 52 weeks. The beta is 1.45, so Openlane's price volatility has been higher than the market average.
| Beta (5Y) | 1.45 |
| 52-Week Price Change | +13.60% |
| 50-Day Moving Average | 17.10 |
| 200-Day Moving Average | 15.70 |
| Relative Strength Index (RSI) | 60.82 |
| Average Volume (20 Days) | 638,138 |
Short Selling Information
The latest short interest is 3.54 million, so 3.27% of the outstanding shares have been sold short.
| Short Interest | 3.54M |
| Short Previous Month | 3.51M |
| Short % of Shares Out | 3.27% |
| Short % of Float | 3.34% |
| Short Ratio (days to cover) | 4.88 |
Income Statement
In the last 12 months, Openlane had revenue of $1.64 billion and -$148.30 million in losses. Loss per share was -$1.79.
| Revenue | 1.64B |
| Gross Profit | 783.50M |
| Operating Income | -1.20M |
| Pretax Income | -136.60M |
| Net Income | -148.30M |
| EBITDA | 123.40M |
| EBIT | 20.60M |
| Loss Per Share | -$1.79 |
Balance Sheet
The company has $150.90 million in cash and $388.30 million in debt, giving a net cash position of -$237.40 million or -$2.19 per share.
| Cash & Cash Equivalents | 150.90M |
| Total Debt | 388.30M |
| Net Cash | -237.40M |
| Net Cash Per Share | -$2.19 |
| Equity (Book Value) | 1.33B |
| Book Value Per Share | 12.28 |
| Working Capital | 384.60M |
Cash Flow
In the last 12 months, operating cash flow was $239.50 million and capital expenditures -$52.60 million, giving a free cash flow of $186.90 million.
| Operating Cash Flow | 239.50M |
| Capital Expenditures | -52.60M |
| Free Cash Flow | 186.90M |
| FCF Per Share | $1.73 |
Margins
Gross margin is 47.75%, with operating and profit margins of -0.07% and -9.04%.
| Gross Margin | 47.75% |
| Operating Margin | -0.07% |
| Pretax Margin | -8.33% |
| Profit Margin | -9.04% |
| EBITDA Margin | 7.52% |
| EBIT Margin | 1.26% |
| FCF Margin | 11.39% |
Dividends & Yields
Openlane 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 | 0.80% |
| Shareholder Yield | 0.80% |
| Earnings Yield | -7.66% |
| FCF Yield | 9.65% |
Analyst Forecast
The average price target for Openlane is $20.20, which is 12.98% higher than the current price. The consensus rating is "Buy".
| Price Target | $20.20 |
| Price Target Difference | 12.98% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 28, 2019. It was a forward split with a ratio of 2642:1000.
| Last Split Date | Jun 28, 2019 |
| Split Type | Forward |
| Split Ratio | 2642:1000 |
Scores
Openlane has an Altman Z-Score of 0.97 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.97 |
| Piotroski F-Score | 6 |