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Offerpad Solutions (OPAD)
NYSE:OPAD
Offerpad Solutions (OPAD) Stock Price & Analysis
156 Followers
OPAD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.50 - $15.20
Previous Close$4.85
Volume574.62K
Average Volume (3M)42.34K
Market Cap
$132.41M
Enterprise Value$56.45M
Total Cash (Recent Filing)$75.97M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.56
Next Earnings
Jul 31, 2024EPS Estimate
-$0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.76
Shares Outstanding27,301,933
10 Day Avg. Volume119,429
30 Day Avg. Volume42,344
Standard Deviation0.26
R-Squared0.15
Alpha-0.06
Financial Highlights & Ratios
Price to Book (P/B)1.30
Price to Sales (P/S)0.55
Price to Cash Flow (P/CF)-2.20
P/FCF Ratio0.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.04
Enterprise Value/Gross Profit0.80
Enterprise Value/Ebitda-0.81
Forecast
1Y Price Target
$7.50Price Target Upside54.64% Upside
Rating ConsensusHold
Number of Analyst Covering5
Offerpad Solutions News
Bulls Say, Bears Say
Bulls Say
Business ModelAsset-light platform services, particularly Renovate, showed robust growth and increased revenue contribution.
Financial PerformanceOfferpad Solutions Inc. has a solid balance sheet with sufficient cash and no long-term debt to navigate current market conditions.
Strategic DirectionDespite a challenging macro environment, OPAD is shifting towards less capital-intensive business models, indicating a strategic pivot.
Bears Say
Company OutlookOPAD's 1Q24 guidance on revenue and home sales fell short of market expectations, suggesting potential near-term challenges.
Financial PerformanceGuidance for the upcoming quarter was softer than expected on both revenue and earnings, with management remaining cautious.
Market TrendsThe residential real estate market is impacted by muted transaction volumes as affordability remains a challenge.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OPAD FAQ
What was Offerpad Solutions’s price range in the past 12 months?
Offerpad Solutions lowest stock price was $4.50 and its highest was $15.20 in the past 12 months.
What is Offerpad Solutions’s market cap?
Currently, no data Available
When is Offerpad Solutions’s upcoming earnings report date?
Offerpad Solutions’s upcoming earnings report date is Jul 31, 2024 which is in 60 days.
How were Offerpad Solutions’s earnings last quarter?
Offerpad Solutions released its earnings results on May 06, 2024. The company reported -$0.653 earnings per share for the quarter, missing the consensus estimate of -$0.402 by -$0.251.
Is Offerpad Solutions overvalued?
According to Wall Street analysts Offerpad Solutions’s price is currently Undervalued.
Does Offerpad Solutions pay dividends?
Offerpad Solutions does not currently pay dividends.
What is Offerpad Solutions’s EPS estimate?
Offerpad Solutions’s EPS estimate is -$0.29.
How many shares outstanding does Offerpad Solutions have?
Offerpad Solutions has 27,301,933 shares outstanding.
What happened to Offerpad Solutions’s price movement after its last earnings report?
Offerpad Solutions reported an EPS of -$0.653 in its last earnings report, missing expectations of -$0.402. Following the earnings report the stock price went down -7.163%.
Which hedge fund is a major shareholder of Offerpad Solutions?
Among the largest hedge funds holding Offerpad Solutions’s share is Royce & Associates LLC. It holds Offerpad Solutions’s shares valued at N/A.
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Offerpad Solutions Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$7.50 (54.64% Upside)
$7.50 (54.64% Upside)
Blogger Sentiment
Bearish
OPAD Sentiment 67%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 11.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $303.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.73%
12-Months-Change
Fundamentals
Return on Equity
-62.32%
Trailing 12-Months
Asset Growth
9.40%
Trailing 12-Months
Company Description
Offerpad Solutions
Supernova Partners Acquisition Co Inc is a blank check company.
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OPAD Earnings Call
Q1 2024
0:00 / 0:00
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OPAD Stock 12 Month Forecast
Average Price Target
$7.50
▲(54.64% Upside)
Technical Analysis
Best Analysts Covering OPAD
1 Year
1 Year Success Rate
1/14 ratings generated profit
1 Year Average Return
-37.77%
reiterated a buy rating 26 days ago
Copying Nicholas Jones CFA's trades and holding each position for 1 Year would result in 7.14% of your transactions generating a profit, with an average return of -37.77% per trade.
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