Wheels Up Experience Inc [NYSE: UP] surged by $0.22 during the normal trading session on Monday and reaching a high of $2.45 during the day while it closed the day at $2.39.
Wheels Up Experience Inc stock has also gained 32.04% of its value over the past 7 days. However, UP stock has inclined by 42.26% in the 3 months of the year. Over the past six months meanwhile, it has gained 82.44% and gained 28.49% year-on date.
The market cap for UP stock reached $1.67 billion, with 698.99 million shares outstanding and 425.60 million shares in the current float. Compared to the average trading volume of 2.02M shares, UP reached a trading volume of 8606460 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Wheels Up Experience Inc [UP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UP shares is $32.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UP stock is a recommendation set at 1.67. 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.
Goldman have made an estimate for Wheels Up Experience Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 15, 2022. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on February 16, 2022, representing the official price target for Wheels Up Experience Inc stock. Previously, the target price had yet another raise to $16, while Barrington Research analysts kept a Mkt Perform rating on UP stock.
UP stock trade performance evaluation
Wheels Up Experience Inc [UP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.04. With this latest performance, UP shares gained by 64.83% in over the last four-week period, additionally plugging by 82.44% over the last 6 months – not to mention a rise of 44.85% 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 UP stock in for the last two-week period is set at 84.73, with the RSI for the last a single of trading hit 0.21, and the three-weeks RSI is set at 0.17 for Wheels Up Experience Inc [UP]. The present Moving Average for the last 50 days of trading for this stock 1.46, while it was recorded at 2.09 for the last single week of trading, and 1.49 for the last 200 days.
Wheels Up Experience Inc [UP]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Wheels Up Experience Inc [UP] shares currently have an operating margin of -31.37% and a Gross Margin at 4.93%. Wheels Up Experience Inc’s Net Margin is presently recorded at -42.68%.
Wheels Up Experience Inc (UP) Capital Structure & Debt Analysis
According to recent financial data for Wheels Up Experience Inc. ( UP), the Return on Equity (ROE) stands at -2416.94%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -31.25%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Wheels Up Experience Inc’s Return on Invested Capital (ROIC) is -346.43%, showcasing its effectiveness in deploying capital for earnings.
Wheels Up Experience Inc (UP) Efficiency & Liquidity Metrics
Wheels Up Experience Inc (UP) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Wheels Up Experience Inc. (UP) effectively leverages its workforce, generating an average of -$175176.85 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.25% and a Quick Ratio of 0.24%, indicating strong ability to cover short-term liabilities.
Wheels Up Experience Inc [UP]: Institutional Ownership
There are presently around $86.32%, or 99.65%% of UP stock, in the hands of institutional investors. The top three institutional holders of UP stocks are: DELTA AIR LINES, INC. with ownership of 263.37 million shares, which is approximately 37.7613%. KNIGHTHEAD CAPITAL MANAGEMENT, LLC, holding 258.13 million shares of the stock with an approximate value of $$487.94 million in UP stocks shares; and KNIGHTHEAD CAPITAL MANAGEMENT, LLC, currently with $$48.79 million in UP stock with ownership which is approximately 3.7016%.
