Open Lending Corporation Closes Day at $6.78, Providing Stability Amid Uncertainty
January 6, 2023
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Open Lending Stock Fair Value – Open Lending ($NASDAQ:LPRO) Corporation is one of the leading financial services companies in the United States. The company offers a wide range of lending solutions to meet the needs of a variety of customers. On the day of trading, Open Lending Corporation closed the day at $6.78, a 0.44% increase from the prior closing rate of $6.75. This provides a sense of stability and security in an uncertain world. This small increase may not seem like much, but it shows that investors remain confident in Open Lending’s ability to provide a safe and secure financial environment.
Open Lending Corporation is committed to providing their customers with the best financial services and products available. They strive to create a safe and secure financial environment for their customers, while also offering competitive rates and terms. Open Lending Corporation also works hard to ensure their customers’ data is securely stored, providing additional peace of mind. Open Lending Corporation’s commitment to providing a stable and secure environment has earned them the trust of their customers and investors alike. This shows that investors remain confident in Open Lending’s ability to deliver a secure and reliable financial experience.
Stock Price
The news sentiment surrounding Open Lending Corporation has been mostly negative, until Wednesday when the stock opened at $6.9 and closed at $7.1. This marked a 4.4% increase from its prior closing price of $6.8, providing a much-needed sense of stability amid the current economic uncertainty. Open Lending Corporation is one of the industry leaders in the financial technology space, providing both loan origination and capital markets solutions for lenders and institutional investors. The company’s recent success in the market is a testament to its ability to navigate the difficult economic landscape and generate returns for its shareholders. The increase in Open Lending Corporation’s stock price has been welcomed by investors who have been feeling uncertain about the direction of the markets. The stock has remained relatively consistent throughout the week, closing at $6.78 on Thursday and providing a sense of security for investors who have been looking for a safe investment amid the current turbulence.
Open Lending Corporation is continuing to look for ways to make their products and services more attractive to their customers. They recently announced a new partnership with a large financial institution, which is expected to significantly expand their customer base and bring new opportunities to their existing portfolio of products and services. Overall, the closing price of Open Lending Corporation’s stock on Wednesday provided investors with a much-needed sign of stability in an otherwise uncertain environment. The company’s recent successes have been encouraging, and it remains to be seen if the stock will continue to rise in the coming weeks. With their new partnership, investors can expect Open Lending Corporation to continue to deliver returns in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Open Lending. More…
| Total Revenues | Net Income | Net Margin |
| 204.4 | 98.65 | 48.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Open Lending. More…
| Operations | Investing | Financing |
| 111.73 | -0.84 | 0.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Open Lending. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 398.96 | 165.69 | 1.64 |
Key Ratios Snapshot
Some of the financial key ratios for Open Lending are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 60.5% | 74.1% | 62.7% |
| FCF Margin | ROE | ROA |
| 54.3% | 36.4% | 20.1% |
VI Analysis – Open Lending Stock Fair Value
VI app has made it easy to analyze the company’s financials and obtain an intrinsic value for its stock. According to the VI Line, the intrinsic value of Open Lending‘s stock is around $28.2, while the stock is currently trading at only $7.1 – a massive 75% discount. This implies that the stock is currently undervalued, presenting a great opportunity for investors to buy in and reap potential rewards in the future. Open Lending has been in business for over two decades and has a proven history of success. Their strong financials and wide range of products and services make it an attractive option for investors. With their stock currently trading at such a discounted price, investors should consider taking advantage of this opportunity to potentially add to their portfolio. More…
VI Peers
It is a leading force in the industry alongside competitors such as Oportun Financial Corp, Medallion Financial Corp, and CreditAccess Grameen Ltd. All of these companies offer a variety of services to help lenders and customers get the financing they need.
– Oportun Financial Corp ($NASDAQ:OPRT)
Oportun Financial Corp is a consumer financial services company that specializes in providing responsible credit to individuals and their families who lack access to traditional banking or other forms of credit. As of 2022, the company has a market capitalization of 160.98M, indicating that it is a moderately sized company. The return on equity (ROE) of -4.85% indicates that the company is not generating enough profit to cover its investors’ equity. This suggests that the company may have to make changes to its operations in order to become more profitable.
– Medallion Financial Corp ($NASDAQ:MFIN)
Medallion Financial Corp is a specialty finance company that specializes in consumer and commercial loans. The company’s market capitalization is 156.14M as of 2022, which indicates the total value of the company’s outstanding shares. Additionally, Medallion Financial Corp has a Return on Equity of 16.26%, which is an indicator of the company’s profitability. Return on Equity measures how much profit a company generates with its shareholders’ investments, and a higher Return on Equity indicates a more profitable company. Overall, Medallion Financial Corp is a profitable company with a solid market capitalization.
– CreditAccess Grameen Ltd ($BSE:541770)
Access Grameen Ltd is a leading microfinance institution based in India. The company provides small loans to the underprivileged and vulnerable population, allowing them to access credit and financial services. As of 2022, Access Grameen Ltd has a market capitalization of 141.42B and a Return on Equity of 11.71%. Market Capitalization is the total value of a company’s shares and is an indication of its size and financial health. Access Grameen’s market cap reflects its success in providing access to financial services for those previously unable to access them. The Return on Equity (ROE) is an important measure of profitability, and Access Grameen’s 11.71% ROE indicates that it is making good use of its resources and generating significant returns for its shareholders.
Summary
Open Lending Corporation has seen its stock price increase despite the current market uncertainty. This provides a level of stability that investors appreciate. Analysts have noted that the company’s fundamentals remain strong, and its management team is experienced and well-positioned to make smart decisions in this environment. Open Lending offers a variety of financial services, including loan origination and servicing, to help customers manage their financial needs.
The company’s products offer competitive rates and flexible solutions, which have helped it gain a reputation as a reliable lender. Investors have taken note of Open Lending’s success and have been eager to invest in the company, driving its stock price up. As the market continues to fluctuate, Open Lending’s strong performance has provided a level of reassurance to investors.
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