Is Open Lending Stock a Good Investment?
Open Lending Investment Advice | LPRO |
- Examine Open Lending's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Open Lending's leadership team and their track record. Good management can help Open Lending navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Capital Markets space and any emerging trends that could impact Open Lending's business and its evolving consumer preferences.
- Compare Open Lending's performance and market position to its competitors. Analyze how Open Lending is positioned in terms of product offerings, innovation, and market share.
- Check if Open Lending pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Open Lending's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Open Lending Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Open Lending Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Open Lending Stock
Researching Open Lending's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 83.0% of the company shares are owned by institutional investors. The book value of Open Lending was now reported as 1.85. The company has Price/Earnings To Growth (PEG) ratio of 0.21. Open Lending Corp had not issued any dividends in recent years.
To determine if Open Lending is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Open Lending's research are outlined below:
| Open Lending Corp had very high historical volatility over the last 90 days | |
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Open Lending Soars 11.7 percent Is Further Upside Left in the Stock - Yahoo Finance |
Open Lending Quarterly Cash And Short Term Investments |
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Open Lending uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Open Lending Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Open Lending's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Open Lending's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Open Lending's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-07 | 2024-03-31 | 0.05 | 0.04 | -0.01 | 20 | ||
2024-08-08 | 2024-06-30 | 0.05 | 0.02 | -0.03 | 60 | ||
2024-11-07 | 2024-09-30 | 0.05 | 0.01 | -0.04 | 80 | ||
2023-05-09 | 2023-03-31 | 0.06 | 0.1 | 0.04 | 66 | ||
2022-11-03 | 2022-09-30 | 0.15 | 0.19 | 0.04 | 26 | ||
2021-05-11 | 2021-03-31 | 0.14 | 0.1 | -0.04 | 28 | ||
2023-11-07 | 2023-09-30 | 0.07 | 0.02 | -0.05 | 71 | ||
2022-02-24 | 2021-12-31 | 0.16 | 0.23 | 0.07 | 43 |
Know Open Lending's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Open Lending is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Open Lending Corp backward and forwards among themselves. Open Lending's institutional investor refers to the entity that pools money to purchase Open Lending's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-09-30 | 1 M | Kornitzer Capital Management Inc | 2024-09-30 | 918 K | Northern Trust Corp | 2024-09-30 | 874.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 841.9 K | Goldman Sachs Group Inc | 2024-09-30 | 813.8 K | Palogic Value Management Lp | 2024-09-30 | 725 K | Raymond James & Associates | 2024-09-30 | 715.4 K | Renaissance Technologies Corp | 2024-09-30 | 620.9 K | Cresset Asset Management, Llc | 2024-09-30 | 550.6 K | Wasatch Advisors Lp | 2024-09-30 | 16.6 M | T. Rowe Price Associates, Inc. | 2024-09-30 | 11.7 M |
Open Lending's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 760.26 M.Market Cap |
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Open Lending's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.11 | 0.12 |
Determining Open Lending's profitability involves analyzing its financial statements and using various financial metrics to determine if Open Lending is a good buy. For example, gross profit margin measures Open Lending's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Open Lending's profitability and make more informed investment decisions.
Evaluate Open Lending's management efficiency
As of the 31st of January 2025, Return On Equity is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.05. At this time, Open Lending's Total Current Assets are very stable compared to the past year. As of the 31st of January 2025, Net Tangible Assets is likely to grow to about 257 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.53 | 1.61 | |
| Tangible Book Value Per Share | 1.53 | 1.61 | |
| Enterprise Value Over EBITDA | 26.07 | 27.37 | |
| Price Book Value Ratio | 4.50 | 4.73 | |
| Enterprise Value Multiple | 26.07 | 27.37 | |
| Price Fair Value | 4.50 | 4.73 | |
| Enterprise Value | 842.5 M | 1.2 B |
The strategic initiatives led by Open Lending's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.13 |
Basic technical analysis of Open Stock
As of the 31st of January, Open Lending holds the Risk Adjusted Performance of 0.0753, semi deviation of 3.37, and Coefficient Of Variation of 1240.05. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Open Lending, as well as the relationship between them.Open Lending's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Open Lending insiders, such as employees or executives, is commonly permitted as long as it does not rely on Open Lending's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Open Lending insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Open Lending's Outstanding Corporate Bonds
Open Lending issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Open Lending Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Open bonds can be classified according to their maturity, which is the date when Open Lending Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US683715AD87 Corp BondUS683715AD87 | View | |
| OTEXCN 69 01 DEC 27 Corp BondUS683715AF36 | View | |
| Open Text Corp BondUS683715AC05 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| US683720AC08 Corp BondUS683720AC08 | View | |
| Open Text Corp BondUS683720AA42 | View |
Understand Open Lending's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Open Lending's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0753 | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 2.86 | |||
| Semi Deviation | 3.37 | |||
| Downside Deviation | 3.74 | |||
| Coefficient Of Variation | 1240.05 | |||
| Standard Deviation | 4.08 | |||
| Variance | 16.67 | |||
| Information Ratio | 0.0562 | |||
| Jensen Alpha | 0.363 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 18.57 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 7.43 | |||
| Downside Variance | 13.98 | |||
| Semi Variance | 11.38 | |||
| Expected Short fall | (3.26) | |||
| Skewness | 0.3162 | |||
| Kurtosis | 2.22 |
| Risk Adjusted Performance | 0.0753 | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 2.86 | |||
| Semi Deviation | 3.37 | |||
| Downside Deviation | 3.74 | |||
| Coefficient Of Variation | 1240.05 | |||
| Standard Deviation | 4.08 | |||
| Variance | 16.67 | |||
| Information Ratio | 0.0562 | |||
| Jensen Alpha | 0.363 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 18.57 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 7.43 | |||
| Downside Variance | 13.98 | |||
| Semi Variance | 11.38 | |||
| Expected Short fall | (3.26) | |||
| Skewness | 0.3162 | |||
| Kurtosis | 2.22 |
Consider Open Lending's intraday indicators
Open Lending intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Open Lending stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 38075.06 | |||
| Daily Balance Of Power | 0.1707 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 6.36 | |||
| Day Typical Price | 6.36 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.07 |
Open Lending Corporate Filings
8K | 21st of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 7th of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Open Stock media impact
Far too much social signal, news, headlines, and media speculation about Open Lending that are available to investors today. That information is available publicly through Open media outlets and privately through word of mouth or via Open internal channels. However, regardless of the origin, that massive amount of Open data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Open Lending news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Open Lending relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Open Lending's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Open Lending alpha.
Open Lending Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Open Lending can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Open Lending Corporate Management
| Kevin Filan | Senior Marketing | Profile | |
| Simona Fillarini | Chief Officer | Profile | |
| Richard Watkins | Founder | Profile | |
| Matthew Roe | Chief Officer | Profile | |
| Cecilia Camarillo | Chief Officer | Profile | |
| Thinh Nguyen | Chief Officer | Profile |
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 | Quarterly Revenue Growth (0.1) | Return On Assets |
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.
In summary, please note that there is a difference between Open Lending's value and its price, as these two are different measures arrived at by various 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.