Open Lending Statistics
Total Valuation
Open Lending has a market cap or net worth of $613.46 million. The enterprise value is $508.19 million.
| Market Cap | 613.46M |
| Enterprise Value | 508.19M |
Important Dates
The next estimated earnings date is Tuesday, February 25, 2025, after market close.
| Earnings Date | Feb 25, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Open Lending has 119.35 million shares outstanding. The number of shares has decreased by -2.96% in one year.
| Current Share Class | 119.35M |
| Shares Outstanding | 119.35M |
| Shares Change (YoY) | -2.96% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 2.81% |
| Owned by Institutions (%) | 63.18% |
| Float | 91.75M |
Valuation Ratios
The trailing PE ratio is 134.54 and the forward PE ratio is 32.35.
| PE Ratio | 134.54 |
| Forward PE | 32.35 |
| PS Ratio | 6.39 |
| Forward PS | 5.26 |
| PB Ratio | 2.78 |
| P/TBV Ratio | 2.78 |
| P/FCF Ratio | 16.34 |
| P/OCF Ratio | 16.26 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 77.97, with an EV/FCF ratio of 13.53.
| EV / Earnings | 110.86 |
| EV / Sales | 5.30 |
| EV / EBITDA | 77.97 |
| EV / EBIT | 103.67 |
| EV / FCF | 13.53 |
Financial Position
The company has a current ratio of 9.42, with a Debt / Equity ratio of 0.66.
| Current Ratio | 9.42 |
| Quick Ratio | 8.97 |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 18.43 |
| Debt / FCF | 3.86 |
| Interest Coverage | 0.43 |
Financial Efficiency
Return on equity (ROE) is 2.11% and return on invested capital (ROIC) is 0.84%.
| Return on Equity (ROE) | 2.11% |
| Return on Assets (ROA) | 0.79% |
| Return on Capital (ROIC) | 0.84% |
| Revenue Per Employee | $456,605 |
| Profits Per Employee | $21,829 |
| Employee Count | 210 |
| Asset Turnover | 0.25 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Open Lending has paid $1.44 million in taxes.
| Income Tax | 1.44M |
| Effective Tax Rate | 23.95% |
Stock Price Statistics
The stock price has decreased by -30.07% in the last 52 weeks. The beta is 1.16, so Open Lending's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | -30.07% |
| 50-Day Moving Average | 5.99 |
| 200-Day Moving Average | 5.81 |
| Relative Strength Index (RSI) | 37.19 |
| Average Volume (20 Days) | 303,540 |
Short Selling Information
The latest short interest is 2.96 million, so 2.48% of the outstanding shares have been sold short.
| Short Interest | 2.96M |
| Short Previous Month | 3.18M |
| Short % of Shares Out | 2.48% |
| Short % of Float | 3.22% |
| Short Ratio (days to cover) | 9.89 |
Income Statement
In the last 12 months, Open Lending had revenue of $95.89 million and earned $4.58 million in profits. Earnings per share was $0.04.
| Revenue | 95.89M |
| Gross Profit | 72.93M |
| Operating Income | 4.90M |
| Pretax Income | 8.44M |
| Net Income | 4.58M |
| EBITDA | 6.52M |
| EBIT | 4.90M |
| Earnings Per Share (EPS) | $0.04 |
Balance Sheet
The company has $250.23 million in cash and $144.97 million in debt, giving a net cash position of $105.27 million or $0.88 per share.
| Cash & Cash Equivalents | 250.23M |
| Total Debt | 144.97M |
| Net Cash | 105.27M |
| Net Cash Per Share | $0.88 |
| Equity (Book Value) | 220.46M |
| Book Value Per Share | 1.85 |
| Working Capital | 263.45M |
Cash Flow
In the last 12 months, operating cash flow was $37.73 million and capital expenditures -$181,000, giving a free cash flow of $37.55 million.
| Operating Cash Flow | 37.73M |
| Capital Expenditures | -181,000 |
| Free Cash Flow | 37.55M |
| FCF Per Share | $0.31 |
Margins
Gross margin is 76.06%, with operating and profit margins of 5.11% and 4.78%.
| Gross Margin | 76.06% |
| Operating Margin | 5.11% |
| Pretax Margin | 6.29% |
| Profit Margin | 4.78% |
| EBITDA Margin | 6.80% |
| EBIT Margin | 5.11% |
| FCF Margin | 39.16% |
Dividends & Yields
Open Lending 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 | 2.96% |
| Shareholder Yield | 2.96% |
| Earnings Yield | 0.75% |
| FCF Yield | 6.12% |
Analyst Forecast
The average price target for Open Lending is $6.80, which is 32.30% higher than the current price. The consensus rating is "Buy".
| Price Target | $6.80 |
| Price Target Difference | 32.30% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | 9.08% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Open Lending has an Altman Z-Score of 3.05 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.05 |
| Piotroski F-Score | 5 |