Open Lending Statistics
Total Valuation
Open Lending has a market cap or net worth of $661.37 million. The enterprise value is $552.77 million.
| Market Cap | 661.37M |
| Enterprise Value | 552.77M |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, after market close.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Open Lending has 119.17 million shares outstanding. The number of shares has decreased by -3.25% in one year.
| Shares Outstanding | 119.17M |
| Shares Change (YoY) | -3.25% |
| Shares Change (QoQ) | -0.24% |
| Owned by Insiders (%) | 2.70% |
| Owned by Institutions (%) | 80.64% |
| Float | 97.36M |
Valuation Ratios
The trailing PE ratio is 50.45 and the forward PE ratio is 22.21.
| PE Ratio | 50.45 |
| Forward PE | 22.21 |
| PS Ratio | 6.02 |
| Forward PS | 4.82 |
| PB Ratio | 3.13 |
| P/FCF Ratio | 10.72 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.97, with an EV/FCF ratio of 8.96.
| EV / Earnings | 37.81 |
| EV / Sales | 5.03 |
| EV / EBITDA | 16.97 |
| EV / EBIT | 18.03 |
| EV / FCF | 8.96 |
Financial Position
The company has a current ratio of 13.14, with a Debt / Equity ratio of 0.69.
| Current Ratio | 13.14 |
| Quick Ratio | 11.80 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 4.50 |
| Debt / FCF | 2.38 |
| Interest Coverage | 2.78 |
Financial Efficiency
Return on equity (ROE) is 6.90% and return on invested capital (ROIC) is 4.02%.
| Return on Equity (ROE) | 6.90% |
| Return on Assets (ROA) | 3.80% |
| Return on Capital (ROIC) | 4.02% |
| Revenue Per Employee | $523,067 |
| Profits Per Employee | $69,614 |
| Employee Count | 210 |
| Asset Turnover | 0.29 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Open Lending has paid $4.99 million in taxes.
| Income Tax | 4.99M |
| Effective Tax Rate | 25.45% |
Stock Price Statistics
The stock price has decreased by -47.64% in the last 52 weeks. The beta is 1.12, so Open Lending's price volatility has been higher than the market average.
| Beta (5Y) | 1.12 |
| 52-Week Price Change | -47.64% |
| 50-Day Moving Average | 5.89 |
| 200-Day Moving Average | 6.64 |
| Relative Strength Index (RSI) | 37.08 |
| Average Volume (20 Days) | 532,860 |
Short Selling Information
The latest short interest is 3.55 million, so 2.98% of the outstanding shares have been sold short.
| Short Interest | 3.55M |
| Short Previous Month | 3.60M |
| Short % of Shares Out | 2.98% |
| Short % of Float | 3.65% |
| Short Ratio (days to cover) | 8.04 |
Income Statement
In the last 12 months, Open Lending had revenue of $109.84 million and earned $14.62 million in profits. Earnings per share was $0.11.
| Revenue | 109.84M |
| Gross Profit | 87.24M |
| Operating Income | 19.30M |
| Pretax Income | 19.61M |
| Net Income | 14.62M |
| EBITDA | 32.57M |
| EBIT | 30.65M |
| Earnings Per Share (EPS) | $0.11 |
Balance Sheet
The company has $255.08 million in cash and $146.48 million in debt, giving a net cash position of $108.60 million or $0.91 per share.
| Cash & Cash Equivalents | 255.08M |
| Total Debt | 146.48M |
| Net Cash | 108.60M |
| Net Cash Per Share | $0.91 |
| Equity (Book Value) | 211.54M |
| Book Value Per Share | 1.78 |
| Working Capital | 268.36M |
Cash Flow
In the last 12 months, operating cash flow was $64.16 million and capital expenditures -$2.49 million, giving a free cash flow of $61.67 million.
| Operating Cash Flow | 64.16M |
| Capital Expenditures | -2.49M |
| Free Cash Flow | 61.67M |
| FCF Per Share | $0.52 |
Margins
Gross margin is 79.42%, with operating and profit margins of 17.57% and 13.31%.
| Gross Margin | 79.42% |
| Operating Margin | 17.57% |
| Pretax Margin | 17.85% |
| Profit Margin | 13.31% |
| EBITDA Margin | 29.65% |
| EBIT Margin | 27.91% |
| FCF Margin | 56.14% |
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 | 3.25% |
| Shareholder Yield | 3.25% |
| Earnings Yield | 2.21% |
| FCF Yield | 9.32% |
Analyst Forecast
The average price target for Open Lending is $7.20, which is 29.73% higher than the current price. The consensus rating is "Buy".
| Price Target | $7.20 |
| Price Target Difference | 29.73% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | 10.53% |
| 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 6.
| Altman Z-Score | 3.05 |
| Piotroski F-Score | 6 |