OppFi Inc (NYSE: OPFI) is 34.84% higher on its value in year-to-date trading and has touched a low of $2.21 and a high of $5.58 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OPFI stock was last observed hovering at around $5.41 in the last trading session, with the day’s gains setting it 1.21%.
Currently trading at $6.62, the stock is 27.95% and 38.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 22.37% at the moment leaves the stock 80.82% off its SMA200. OPFI registered 180.64% gain for a year compared to 6-month gain of 113.55%. The firm has a 50-day simple moving average (SMA 50) of $4.7338 and a 200-day simple moving average (SMA200) of $3.6818.
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The stock witnessed a 33.47% loss in the last 1 month and extending the period to 3 months gives it a 46.46%, and is 29.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.35% over the week and 5.06% over the month.
OppFi Inc (OPFI) has around 445 employees, a market worth around $571.00M and $523.16M in sales. Current P/E ratio is 41.35 and Fwd P/E is 7.64. Profit margin for the company is 1.40%. Distance from 52-week low is 200.16% and 18.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.28%).
The EPS is expected to grow by 61.44% this year
108.0 institutions hold shares in OppFi Inc (OPFI), with institutional investors hold 43.88% of the company’s shares. The shares outstanding are 18.85M, and float is at 18.30M with Short Float at 6.64%. Institutions hold 39.41% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.06 million shares valued at $3.58 million. The investor’s holdings represent 5.4949 of the OPFI Shares outstanding. As of 2024-06-30, the second largest holder is LB PARTNERS LLC with 0.92 million shares valued at $3.12 million to account for 4.7954 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.88 million shares representing 4.5952 and valued at over $2.99 million, while ELGETHUN CAPITAL MANAGEMENT holds 3.2535 of the shares totaling 0.62 million with a market value of $2.12 million.
OppFi Inc (OPFI) Insider Activity
The most recent transaction is an insider sale by Vennettilli David, the company’s Director. SEC filings show that Vennettilli David sold 38,886 shares of the company’s common stock on Aug 09 ’24 at a price of $4.34 per share for a total of $0.17 million. Following the sale, the insider now owns 94497.0 shares.
Still, SEC filings show that on Jun 10 ’24, Moore Jocelyn (Director) disposed off 32,488 shares at an average price of $3.14 for $0.1 million. The insider now directly holds 72,893 shares of OppFi Inc (OPFI).
