Open Lending Corporation (LPRO)
NASDAQ: LPRO · IEX Real-Time Price · USD
6.34
-0.30 (-4.59%)
Jul 18, 2024, 3:18 PM EDT - Market open

Open Lending Statistics

Total Valuation

Open Lending has a market cap or net worth of $755.51 million. The enterprise value is $674.32 million.

Market Cap 755.51M
Enterprise Value 674.32M

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 (%) 80.53%
Float 97.36M

Valuation Ratios

The trailing PE ratio is 60.36 and the forward PE ratio is 26.57.

PE Ratio 60.36
Forward PE 26.57
PS Ratio 7.13
Forward PS 5.71
PB Ratio 3.70
P/FCF Ratio 12.70
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.70, with an EV/FCF ratio of 10.93.

EV / Earnings 46.13
EV / Sales 6.14
EV / EBITDA 20.70
EV / EBIT 22.00
EV / FCF 10.93

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 -43.77% 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 -43.77%
50-Day Moving Average 6.08
200-Day Moving Average 6.56
Relative Strength Index (RSI) 63.62
Average Volume (20 Days) 457,651

Short Selling Information

The latest short interest is 3.62 million, so 3.04% of the outstanding shares have been sold short.

Short Interest 3.62M
Short Previous Month 3.55M
Short % of Shares Out 3.04%
Short % of Float 3.72%
Short Ratio (days to cover) 6.82

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 1.87%
FCF Yield 7.88%

Analyst Forecast

The average price target for Open Lending is $7.20, which is 13.65% higher than the current price. The consensus rating is "Buy".

Price Target $7.20
Price Target Difference 13.65%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 10.53%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 3.49 and a Piotroski F-Score of 6.

Altman Z-Score 3.49
Piotroski F-Score 6