Simona Fillarini - Open Lending Chief Officer

LPRO Stock  USD 6.48  0.01  0.15%   

Insider

Simona Fillarini is Chief Officer of Open Lending Corp
Address 1501 South Mopac Expressway, Austin, TX, United States, 78746
Phone512 892 0400
Webhttps://www.openlending.com

Open Lending Management Efficiency

As of the 26th of November 2024, Return On Tangible Assets is likely to drop to 0.06. In addition to that, Return On Capital Employed is likely to drop to 0.08. At this time, Open Lending's Net Tangible Assets are very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 102.1 M, while Total Assets are likely to drop about 271.1 M. Open Lending's management efficiency ratios could be used to measure how well Open Lending manages its routine affairs as well as how well it operates its assets and liabilities.
Open Lending Corp currently holds 148.13 M in liabilities with Debt to Equity (D/E) ratio of 0.72, which is about average as compared to similar companies. Open Lending Corp has a current ratio of 18.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Open Lending's use of debt, we should always consider it together with its cash and equity.

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Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. Open Lending Corporation was founded in 2000 and is based in Austin, Texas. Open Lending operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 132 people. Open Lending Corp (LPRO) is traded on NASDAQ Exchange in USA. It is located in 1501 South Mopac Expressway, Austin, TX, United States, 78746 and employs 210 people. Open Lending is listed under Diversified Capital Markets category by Fama And French industry classification.

Management Performance

Open Lending Corp Leadership Team

Elected by the shareholders, the Open Lending's board of directors comprises two types of representatives: Open Lending inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Open. The board's role is to monitor Open Lending's management team and ensure that shareholders' interests are well served. Open Lending's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Open Lending's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Filan, Senior Marketing
Simona Fillarini, Chief Officer
Richard Watkins, Founder
Matthew Roe, Chief Officer
Cecilia Camarillo, Chief Officer
Thinh Nguyen, Chief Officer
Charles Jehl, Interim CEO
Keith Jezek, CEO Director
Matthew Stark, Chief Secretary
Jill Tyson, Senior Operations
Charles CPA, Interim CEO
Sarah Lackey, Chief Officer
Shawna Shelor, Chief Officer

Open Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Open Lending a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Open Lending

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Open Lending position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Open Lending will appreciate offsetting losses from the drop in the long position's value.

Moving together with Open Stock

  0.75DHIL Diamond Hill InvestmentPairCorr
  0.61DIST Distoken AcquisitionPairCorr

Moving against Open Stock

  0.4PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to Open Lending could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Open Lending when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Open Lending - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Open Lending Corp to buy it.
The correlation of Open Lending is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Open Lending moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Open Lending Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Open Lending can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Open Lending Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Lending's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Lending Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Lending Corp Stock:
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 CEOs Directory module to screen CEOs from public companies around the world.
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.