Open Lending Statistics
Total Valuation
Open Lending has a market cap or net worth of $572.99 million. The enterprise value is $479.76 million.
| Market Cap | 572.99M |
| Enterprise Value | 479.76M |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, after market close.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Open Lending has 118.88 million shares outstanding. The number of shares has decreased by -3.79% in one year.
| Shares Outstanding | 118.88M |
| Shares Change (YoY) | -3.79% |
| Shares Change (QoQ) | -1.32% |
| Owned by Insiders (%) | 5.73% |
| Owned by Institutions (%) | 80.62% |
| Float | 90.02M |
Valuation Ratios
The trailing PE ratio is 27.06 and the forward PE ratio is 18.36.
| PE Ratio | 27.06 |
| Forward PE | 18.36 |
| PS Ratio | 4.93 |
| Forward PS | 4.45 |
| PB Ratio | 2.82 |
| P/FCF Ratio | 7.19 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.62, with an EV/FCF ratio of 5.96.
| EV / Earnings | 21.74 |
| EV / Sales | 4.08 |
| EV / EBITDA | 11.62 |
| EV / EBIT | 12.14 |
| EV / FCF | 5.96 |
Financial Position
The company has a current ratio of 14.08, with a Debt / Equity ratio of 0.72.
| Current Ratio | 14.08 |
| Quick Ratio | 12.20 |
| Debt / Equity | 0.72 |
| Debt / EBITDA | 3.57 |
| Debt / FCF | 1.83 |
| Interest Coverage | 3.71 |
Financial Efficiency
Return on equity (ROE) is 10.40% and return on invested capital (ROIC) is 6.30%.
| Return on Equity (ROE) | 10.40% |
| Return on Assets (ROA) | 5.80% |
| Return on Capital (ROIC) | 6.30% |
| Revenue Per Employee | $559,333 |
| Profits Per Employee | $105,095 |
| Employee Count | 210 |
| Asset Turnover | 0.31 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Open Lending has paid $6.79 million in taxes.
| Income Tax | 6.79M |
| Effective Tax Rate | 23.52% |
Stock Price Statistics
The stock price has decreased by -27.49% in the last 52 weeks. The beta is 0.99, so Open Lending's price volatility has been similar to the market average.
| Beta (1Y) | 0.99 |
| 52-Week Price Change | -27.49% |
| 50-Day Moving Average | 6.44 |
| 200-Day Moving Average | 7.44 |
| Relative Strength Index (RSI) | 30.27 |
| Average Volume (30 Days) | 457,338 |
Short Selling Information
The latest short interest is 2.81 million, so 2.36% of the outstanding shares have been sold short.
| Short Interest | 2.81M |
| Short Previous Month | 3.13M |
| Short % of Shares Out | 2.36% |
| Short % of Float | 3.12% |
| Short Ratio (days to cover) | 5.50 |
Income Statement
In the last 12 months, Open Lending had revenue of $117.46 million and earned $22.07 million in profits. Earnings per share was $0.18.
| Revenue | 117.46M |
| Gross Profit | 95.18M |
| Operating Income | 29.08M |
| Pretax Income | 28.86M |
| Net Income | 22.07M |
| EBITDA | 41.30M |
| EBIT | 39.52M |
| Earnings Per Share (EPS) | $0.18 |
Balance Sheet
The company has $246.67 million in cash and $147.50 million in debt, giving a net cash position of $99.17 million or $0.83 per share.
| Cash & Cash Equivalents | 246.67M |
| Total Debt | 147.50M |
| Net Cash | 99.17M |
| Net Cash Per Share | $0.83 |
| Equity / Book Value | 205.58M |
| Book Value Per Share | 1.73 |
| Working Capital | 269.29M |
Cash Flow
In the last 12 months, operating cash flow was $82.66 million and capital expenditures -$2.18 million, giving a free cash flow of $80.48 million.
| Operating Cash Flow | 82.66M |
| Capital Expenditures | -2.18M |
| Free Cash Flow | 80.48M |
| FCF Per Share | $0.67 |
Margins
Gross margin is 81.03%, with operating and profit margins of 24.75% and 18.79%.
| Gross Margin | 81.03% |
| Operating Margin | 24.75% |
| Pretax Margin | 24.57% |
| Profit Margin | 18.79% |
| EBITDA Margin | 35.16% |
| EBIT Margin | 33.64% |
| FCF Margin | 68.52% |
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 | 3.79% |
| Shareholder Yield | 3.79% |
| Earnings Yield | 3.81% |
| FCF Yield | 13.90% |
Analyst Forecast
The average price target for Open Lending is $7.33, which is 52.08% higher than the current price. The consensus rating is "Buy".
| Price Target | $7.33 |
| Price Target Difference | 52.08% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| 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 2.86 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.86 |
| Piotroski F-Score | 6 |