- Investing.com
Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, finance companies, and captive finance companies of automakers in the United States. The company offers lenders protection platform (LPP), which is a cloud-based automotive lending enablement platform that provides loan analytics solutions and automated issuance of credit default insurance with third-party insurance providers. Its LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. The company was founded in 2000 and is headquartered in Austin, Texas.
Financial Turmoil | Open Lending faces significant challenges with delayed Q4 earnings and 10-K filing, raising concerns about potential restatements and profit-sharing revenue adjustments |
Market Volatility | Explore the stock's 54% decline over the past year and its potential undervaluation, as analysts grapple with assessing true value amid financial uncertainties |
Sector Headwinds | Delve into how credit union constraints and automotive lending market dynamics are impacting Open Lending's certification volumes and revenue outlook |
Strategic Crossroads | Learn about Open Lending's efforts to navigate challenges through prudent underwriting, price increases, and growth initiatives, with a suspended price target from JMP Securities |
Metrics to compare | LPRO | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipLPROPeersSector | |
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P/E Ratio | −2.0x | −3.8x | 9.6x | |
PEG Ratio | 0.00 | 0.01 | 0.03 | |
Price/Book | 3.5x | 1.6x | 1.0x | |
Price / LTM Sales | 15.9x | 1.7x | 2.9x | |
Upside (Analyst Target) | 1.6% | 29.5% | 11.2% | |
Fair Value Upside | Unlock | 23.1% | 1.9% | Unlock |