Offerpad Solutions Inc. (OPAD)

NYSE: OPAD · IEX Real-Time Price · USD
8.10
-0.44 (-5.15%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

OPAD has a market cap or net worth of $221.01 million. The enterprise value is $398.30 million.

Market Cap 221.01M
Enterprise Value 398.30M

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

OPAD has 27.29 million shares outstanding. The number of shares has increased by 61.45% in one year.

Shares Outstanding 27.29M
Shares Change (YoY) +61.45%
Shares Change (QoQ) +0.10%
Owned by Insiders (%) 11.18%
Owned by Institutions (%) 47.31%
Float 14.81M

Valuation Ratios

PE Ratio n/a
Forward PE 2.96
PS Ratio 0.17
Forward PS 0.16
PB Ratio 2.17
P/FCF Ratio 0.85
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.30
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 1.52

Financial Position

The company has a current ratio of 1.35, with a Debt / Equity ratio of 2.53.

Current Ratio 1.35
Quick Ratio 0.33
Debt / Equity 2.53
Debt / EBITDA n/a
Debt / FCF 0.98
Interest Coverage -5.21

Financial Efficiency

Return on equity (ROE) is -93.10% and return on invested capital (ROIC) is -29.08%.

Return on Equity (ROE) -93.10%
Return on Assets (ROA) -31.40%
Return on Capital (ROIC) -29.08%
Revenue Per Employee $3.76M
Profits Per Employee -$334,909
Employee Count 350
Asset Turnover 3.52
Inventory Turnover 2.64

Taxes

In the past 12 months, OPAD has paid $163,000 in taxes.

Income Tax 163,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +2.07% in the last 52 weeks. The beta is 2.08, so OPAD's price volatility has been higher than the market average.

Beta (1Y) 2.08
52-Week Price Change +2.07%
50-Day Moving Average 8.68
200-Day Moving Average 9.70
Relative Strength Index (RSI) 46.40
Average Volume (30 Days) 26,108

Short Selling Information

The latest short interest is 924,793, so 3.39% of the outstanding shares have been sold short.

Short Interest 924,793
Short Previous Month 921,589
Short % of Shares Out 3.39%
Short % of Float 6.25%
Short Ratio (days to cover) 27.60

Income Statement

In the last 12 months, OPAD had revenue of $1.31 billion and -$117.22 million in losses. Loss per share was -$4.44.

Revenue 1.31B
Gross Profit 70.18M
Operating Income -104.41M
Pretax Income -117.06M
Net Income -117.22M
EBITDA -97.47M
EBIT -98.20M
Loss Per Share -$4.44
Full Income Statement

Balance Sheet

The company has $79.93 million in cash and $257.22 million in debt, giving a net cash position of -$177.29 million or -$6.50 per share.

Cash & Cash Equivalents 79.93M
Total Debt 257.22M
Net Cash -177.29M
Net Cash Per Share -$6.50
Equity / Book Value 101.78M
Book Value Per Share 3.73
Working Capital 95.58M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $261.63 million and capital expenditures -$127,000, giving a free cash flow of $261.51 million.

Operating Cash Flow 261.63M
Capital Expenditures -127,000
Free Cash Flow 261.51M
FCF Per Share $9.91
Full Cash Flow Statement

Margins

Gross margin is 5.34%, with operating and profit margins of -7.94% and -8.92%.

Gross Margin 5.34%
Operating Margin -7.94%
Pretax Margin -8.91%
Profit Margin -8.92%
EBITDA Margin -7.42%
EBIT Margin -7.47%
FCF Margin 19.90%

Dividends & Yields

OPAD 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 -61.45%
Shareholder Yield -61.45%
Earnings Yield -53.04%
FCF Yield 118.32%

Analyst Forecast

The average price target for OPAD is $10.33, which is 27.53% higher than the current price. The consensus rating is "Hold".

Price Target $10.33
Price Target Difference 27.53%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) 32.10%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 13, 2023. It was a reverse split with a ratio of 1:15.

Last Split Date Jun 13, 2023
Split Type Reverse
Split Ratio 1:15

Scores

OPAD has an Altman Z-Score of 1.92 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.92
Piotroski F-Score 5