Open Lending Statistics
Total Valuation
Open Lending has a market cap or net worth of $657.08 million. The enterprise value is $555.47 million.
| Market Cap | 657.08M |
| Enterprise Value | 555.47M |
Important Dates
The next confirmed earnings date is Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Open Lending has 119.25 million shares outstanding. The number of shares has decreased by -3.57% in one year.
| Shares Outstanding | 119.25M |
| Shares Change (YoY) | -3.57% |
| Shares Change (QoQ) | -0.07% |
| Owned by Insiders (%) | 5.70% |
| Owned by Institutions (%) | 61.24% |
| Float | 88.25M |
Valuation Ratios
The trailing PE ratio is 115.31 and the forward PE ratio is 23.42.
| PE Ratio | 115.31 |
| Forward PE | 23.42 |
| PS Ratio | 6.69 |
| Forward PS | 4.74 |
| PB Ratio | 3.03 |
| P/FCF Ratio | 14.11 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 61.57, with an EV/FCF ratio of 11.92.
| EV / Earnings | 90.32 |
| EV / Sales | 5.64 |
| EV / EBITDA | 61.57 |
| EV / EBIT | 73.36 |
| EV / FCF | 11.92 |
Financial Position
The company has a current ratio of 13.32, with a Debt / Equity ratio of 0.68.
| Current Ratio | 13.32 |
| Quick Ratio | 12.86 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 14.11 |
| Debt / FCF | 3.14 |
| Interest Coverage | 0.68 |
Financial Efficiency
Return on equity (ROE) is 2.82% and return on invested capital (ROIC) is 1.29%.
| Return on Equity (ROE) | 2.82% |
| Return on Assets (ROA) | 1.23% |
| Return on Capital (ROIC) | 1.29% |
| Revenue Per Employee | $468,652 |
| Profits Per Employee | $29,286 |
| Employee Count | 210 |
| Asset Turnover | 0.26 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Open Lending has paid $2.29 million in taxes.
| Income Tax | 2.29M |
| Effective Tax Rate | 27.12% |
Stock Price Statistics
The stock price has decreased by -12.82% 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 | -12.82% |
| 50-Day Moving Average | 5.72 |
| 200-Day Moving Average | 6.20 |
| Relative Strength Index (RSI) | 40.62 |
| Average Volume (20 Days) | 264,386 |
Short Selling Information
The latest short interest is 3.76 million, so 3.15% of the outstanding shares have been sold short.
| Short Interest | 3.76M |
| Short Previous Month | 3.62M |
| Short % of Shares Out | 3.15% |
| Short % of Float | 4.26% |
| Short Ratio (days to cover) | 10.39 |
Income Statement
In the last 12 months, Open Lending had revenue of $98.42 million and earned $6.15 million in profits. Earnings per share was $0.05.
| Revenue | 98.42M |
| Gross Profit | 76.22M |
| Operating Income | 7.57M |
| Pretax Income | 8.44M |
| Net Income | 6.15M |
| EBITDA | 9.02M |
| EBIT | 7.57M |
| Earnings Per Share (EPS) | $0.05 |
Balance Sheet
The company has $248.01 million in cash and $146.39 million in debt, giving a net cash position of $101.62 million or $0.85 per share.
| Cash & Cash Equivalents | 248.01M |
| Total Debt | 146.39M |
| Net Cash | 101.62M |
| Net Cash Per Share | $0.85 |
| Equity (Book Value) | 216.78M |
| Book Value Per Share | 1.82 |
| Working Capital | 271.21M |
Cash Flow
In the last 12 months, operating cash flow was $46.68 million and capital expenditures -$97,000, giving a free cash flow of $46.58 million.
| Operating Cash Flow | 46.68M |
| Capital Expenditures | -97,000 |
| Free Cash Flow | 46.58M |
| FCF Per Share | $0.39 |
Margins
Gross margin is 77.45%, with operating and profit margins of 7.69% and 6.25%.
| Gross Margin | 77.45% |
| Operating Margin | 7.69% |
| Pretax Margin | 8.57% |
| Profit Margin | 6.25% |
| EBITDA Margin | 9.17% |
| EBIT Margin | 7.69% |
| FCF Margin | 44.32% |
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 | 3.57% |
| Shareholder Yield | 3.57% |
| Earnings Yield | 0.94% |
| FCF Yield | 7.09% |
Analyst Forecast
The average price target for Open Lending is $6.80, which is 23.41% higher than the current price. The consensus rating is "Buy".
| Price Target | $6.80 |
| Price Target Difference | 23.41% |
| 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 3.64 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.64 |
| Piotroski F-Score | 5 |