Opendoor Technologies Inc. (OPEN)
Total Valuation
OPEN has a market cap or net worth of $2.05 billion. The enterprise value is $2.97 billion.
Market Cap | 2.05B |
Enterprise Value | 2.97B |
Important Dates
The next estimated earnings date is Thursday, May 2, 2024, after market close.
Earnings Date | May 2, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
OPEN has 679.64 million shares outstanding. The number of shares has increased by 4.78% in one year.
Shares Outstanding | 679.64M |
Shares Change (YoY) | +4.78% |
Shares Change (QoQ) | +1.58% |
Owned by Insiders (%) | 11.00% |
Owned by Institutions (%) | 61.05% |
Float | 586.63M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 40.32 |
PS Ratio | 0.30 |
Forward PS | 0.35 |
PB Ratio | 2.12 |
P/FCF Ratio | 0.89 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 330.46, with an EV/FCF ratio of 1.29.
EV / Earnings | n/a |
EV / Sales | 0.43 |
EV / EBITDA | 330.46 |
EV / EBIT | n/a |
EV / FCF | 1.29 |
Financial Position
The company has a current ratio of 49.21, with a Debt / Equity ratio of 2.62.
Current Ratio | 49.21 |
Quick Ratio | 23.11 |
Debt / Equity | 2.62 |
Debt / EBITDA | 281.56 |
Debt / FCF | 1.10 |
Interest Coverage | -0.30 |
Financial Efficiency
Return on equity (ROE) is -26.80% and return on invested capital (ROIC) is -11.03%.
Return on Equity (ROE) | -26.80% |
Return on Assets (ROA) | -6.50% |
Return on Capital (ROIC) | -11.03% |
Revenue Per Employee | $3.50M |
Profits Per Employee | -$138,749 |
Employee Count | 1,982 |
Asset Turnover | 1.65 |
Inventory Turnover | 2.07 |
Taxes
In the past 12 months, OPEN has paid $1.00 million in taxes.
Income Tax | 1.00M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +105.44% in the last 52 weeks. The beta is 2.66, so OPEN's price volatility has been higher than the market average.
Beta (1Y) | 2.66 |
52-Week Price Change | +105.44% |
50-Day Moving Average | 3.12 |
200-Day Moving Average | 3.28 |
Relative Strength Index (RSI) | 50.96 |
Average Volume (30 Days) | 20,155,377 |
Short Selling Information
The latest short interest is 77.12 million, so 11.35% of the outstanding shares have been sold short.
Short Interest | 77.12M |
Short Previous Month | 73.35M |
Short % of Shares Out | 11.35% |
Short % of Float | 13.15% |
Short Ratio (days to cover) | 3.69 |
Income Statement
In the last 12 months, OPEN had revenue of $6.95 billion and -$275.00 million in losses. Loss per share was -$0.42.
Revenue | 6.95B |
Gross Profit | 487.00M |
Operating Income | -386.00M |
Pretax Income | -274.00M |
Net Income | -275.00M |
EBITDA | 9.00M |
EBIT | -63.00M |
Loss Per Share | -$0.42 |
Balance Sheet
The company has $1.61 billion in cash and $2.53 billion in debt, giving a net cash position of -$925.00 million or -$1.36 per share.
Cash & Cash Equivalents | 1.61B |
Total Debt | 2.53B |
Net Cash | -925.00M |
Net Cash Per Share | -$1.36 |
Equity / Book Value | 967.00M |
Book Value Per Share | 1.42 |
Working Capital | 3.38B |
Cash Flow
In the last 12 months, operating cash flow was $2.34 billion and capital expenditures -$37.00 million, giving a free cash flow of $2.31 billion.
Operating Cash Flow | 2.34B |
Capital Expenditures | -37.00M |
Free Cash Flow | 2.31B |
FCF Per Share | $3.51 |
Margins
Gross margin is 7.01%, with operating and profit margins of -5.56% and -3.96%.
Gross Margin | 7.01% |
Operating Margin | -5.56% |
Pretax Margin | -3.94% |
Profit Margin | -3.96% |
EBITDA Margin | 0.13% |
EBIT Margin | -0.91% |
FCF Margin | 33.21% |
Dividends & Yields
OPEN 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 | -4.78% |
Shareholder Yield | -4.78% |
Earnings Yield | -13.42% |
FCF Yield | 112.58% |
Analyst Forecast
The average price target for OPEN is $3.37, which is 11.59% higher than the current price. The consensus rating is "Hold".
Price Target | $3.37 |
Price Target Difference | 11.59% |
Analyst Consensus | Hold |
Analyst Count | 11 |
Revenue Growth Forecast (5Y) | 17.92% |
EPS Growth Forecast (5Y) | 1.34% |
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 has an Altman Z-Score of 2.19 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.19 |
Piotroski F-Score | 5 |