Open Lending Corp Stock Performance
| LPRO Stock | USD 6.40 0.04 0.63% |
On a scale of 0 to 100, Open Lending holds a performance score of 5. The company holds a Beta of 1.49, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Open Lending will likely underperform. Please check Open Lending's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Open Lending's historical price patterns will revert.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Open Lending Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Open Lending displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.63) | Five Day Return (1.71) | Year To Date Return (24.94) | Ten Year Return (34.51) | All Time Return (34.51) |
1 | Disposition of 17187 shares by Keith Jezek of Open Lending subject to Rule 16b-3 | 09/13/2024 |
2 | Disposition of 17188 shares by Keith Jezek of Open Lending subject to Rule 16b-3 | 09/18/2024 |
3 | Disposition of 6741 shares by Keith Jezek of Open Lending at 7.31 subject to Rule 16b-3 | 09/27/2024 |
4 | Open Lending Stock Price Up 3.6 percent Heres What Happened | 10/15/2024 |
5 | Disposition of 50000 shares by Flynn John Joseph of Open Lending at 7.2537 subject to Rule 16b-3 | 10/16/2024 |
6 | Disposition of 43210 shares by Charles Jehl of Open Lending at 5.71 subject to Rule 16b-3 | 10/18/2024 |
7 | In the wake of Open Lending Corporations latest US60m market cap drop, institutional owners may be forced to take severe actions | 10/24/2024 |
8 | Encore Capital Group Misses Q3 Earnings Estimates | 11/06/2024 |
9 | Open Lending Reports Third Quarter 2024 Financial Results | 11/07/2024 |
10 | Kornitzer Capital Management Inc. KS Cuts Stock Holdings in Open Lending Co. | 11/08/2024 |
11 | Open Lending Corporation Q3 2024 Earnings Call Transcript | 11/11/2024 |
12 | Open Lendings SWOT analysis stock faces headwinds amid auto sector recovery | 11/13/2024 |
13 | LPRO Altman Z-Score 3.13 - GuruFocus.com | 11/21/2024 |
| Begin Period Cash Flow | 208.5 M |
Open |
Open Lending Relative Risk vs. Return Landscape
If you would invest 572.00 in Open Lending Corp on August 29, 2024 and sell it today you would earn a total of 64.00 from holding Open Lending Corp or generate 11.19% return on investment over 90 days. Open Lending Corp is currently generating 0.2145% in daily expected returns and assumes 3.1217% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Open, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Open Lending Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Open Lending's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Open Lending Corp, and traders can use it to determine the average amount a Open Lending's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0687
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Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Open Lending is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Open Lending by adding it to a well-diversified portfolio.
Open Lending Fundamentals Growth
Open Stock prices reflect investors' perceptions of the future prospects and financial health of Open Lending, and Open Lending fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Open Stock performance.
| Return On Equity | 0.0211 | |||
| Return On Asset | 0.0079 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 653.8 M | |||
| Shares Outstanding | 119.35 M | |||
| Price To Earning | 6.62 X | |||
| Price To Book | 3.44 X | |||
| Price To Sales | 7.92 X | |||
| Revenue | 117.46 M | |||
| Gross Profit | 159.63 M | |||
| EBITDA | 41.3 M | |||
| Net Income | 22.07 M | |||
| Cash And Equivalents | 167.7 M | |||
| Cash Per Share | 1.33 X | |||
| Total Debt | 148.13 M | |||
| Debt To Equity | 0.72 % | |||
| Current Ratio | 18.48 X | |||
| Book Value Per Share | 1.85 X | |||
| Cash Flow From Operations | 82.66 M | |||
| Earnings Per Share | 0.04 X | |||
| Market Capitalization | 759.07 M | |||
| Total Asset | 374.04 M | |||
| Retained Earnings | (193.75 M) | |||
| Working Capital | 269.29 M | |||
About Open Lending Performance
By examining Open Lending's fundamental ratios, stakeholders can obtain critical insights into Open Lending's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Open Lending is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 66.94 | 84.46 | |
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.11 | 0.10 |
Things to note about Open Lending Corp performance evaluation
Checking the ongoing alerts about Open Lending for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Open Lending Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Open Lending Corp had very high historical volatility over the last 90 days | |
| Over 84.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: LPRO Altman Z-Score 3.13 - GuruFocus.com |
- Analyzing Open Lending's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Open Lending's stock is overvalued or undervalued compared to its peers.
- Examining Open Lending's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Open Lending's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Open Lending's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Open Lending's stock. These opinions can provide insight into Open Lending's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Open Lending Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Lending. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Lending listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.04 | Revenue Per Share 0.805 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0079 |
The market value of Open Lending Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Lending's value that differs from its market value or its book value, called intrinsic value, which is Open Lending's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Lending's market value can be influenced by many factors that don't directly affect Open Lending's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Lending's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Lending is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Lending's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.