Oportun Financial Corp [NASDAQ: OPRT] price surged by 8.29 percent to reach at $0.49.
The one-year OPRT stock forecast points to a potential upside of 21.95. The average equity rating for OPRT stock is currently 2.20, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Oportun Financial Corp [OPRT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OPRT shares is $8.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OPRT stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JMP Securities have made an estimate for Oportun Financial Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on March 15, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $9 to $3.50. The new note on the price target was released on March 14, 2024, representing the official price target for Oportun Financial Corp stock. Previously, the target price had yet another raise from $7 to $8, while JP Morgan kept a Neutral rating on OPRT stock.
The Average True Range (ATR) for Oportun Financial Corp is set at 0.42, with the Price to Sales ratio for OPRT stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 0.70. Price to Free Cash Flow for OPRT in the course of the last twelve months was 0.57.
OPRT Stock Performance Analysis:
Oportun Financial Corp [OPRT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.74. With this latest performance, OPRT shares gained by 71.12% in over the last four-week period, additionally plugging by 109.84% over the last 6 months – not to mention a rise of 81.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OPRT stock in for the last two-week period is set at 88.14, with the RSI for the last a single of trading hit 92.99, and the three-weeks RSI is set at 83.48 for Oportun Financial Corp [OPRT]. The present Moving Average for the last 50 days of trading for this stock 4.20, while it was recorded at 5.81 for the last single week of trading, and 3.31 for the last 200 days.
Insight into Oportun Financial Corp Fundamentals:
Oportun Financial Corp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 4.27.
Oportun Financial Corp [OPRT] Institutonal Ownership Details
The top three institutional holders of OPRT stocks are: NEUBERGER BERMAN GROUP LLC with ownership of 3.76 million shares, which is approximately 9.6685%. FINDELL CAPITAL MANAGEMENT LLC, holding 3.47 million shares of the stock with an approximate value of $$10.06 million in OPRT stocks shares; and FINDELL CAPITAL MANAGEMENT LLC, currently with $$5.05 million in OPRT stock with ownership which is approximately 4.4749%.
