Offerpad Solutions Inc. (OPAD)
Offerpad Solutions Statistics
Share Statistics
Offerpad Solutions has 27.38M shares outstanding. The number of shares has increased by 0.33% in one year.
| Shares Outstanding | 27.38M |
| Shares Change (YoY) | 0.33% |
| Shares Change (QoQ) | 0.07% |
| Owned by Institutions (%) | 24.36% |
| Shares Floating | 15.47M |
| Failed to Deliver (FTD) Shares | 1.54K |
| FTD / Avg. Volume | 2.82% |
Short Selling Information
The latest short interest is 985.63K, so 3.6% of the outstanding shares have been sold short.
| Short Interest | 985.63K |
| Short % of Shares Out | 3.6% |
| Short % of Float | 6.41% |
| Short Ratio (days to cover) | 15.61 |
Valuation Ratios
The PE ratio is -1.26 and the forward PE ratio is -2.08. Offerpad Solutions's PEG ratio is 0.03.
| PE Ratio | -1.26 |
| Forward PE | -2.08 |
| PS Ratio | 0.09 |
| Forward PS | 0 |
| PB Ratio | 1.64 |
| P/FCF Ratio | 5.06 |
| PEG Ratio | 0.03 |
Enterprise Valuation
Offerpad Solutions Inc. has an Enterprise Value (EV) of 451.43M.
| EV / Earnings | -7.26 |
| EV / Sales | 0.49 |
| EV / EBITDA | -10.54 |
| EV / EBIT | -9.8 |
| EV / FCF | 29.27 |
Financial Position
The company has a current ratio of 1.17, with a Debt / Equity ratio of 5.
| Current Ratio | 1.17 |
| Quick Ratio | 0.32 |
| Debt / Equity | 5 |
| Total Debt / Capitalization | 83.33 |
| Cash Flow / Debt | 0.09 |
| Interest Coverage | -2.46 |
Financial Efficiency
Return on equity (ROE) is -1.3% and return on capital (ROIC) is -16.11%.
| Return on Equity (ROE) | -1.3% |
| Return on Assets (ROA) | -0.2% |
| Return on Capital (ROIC) | -16.11% |
| Revenue Per Employee | $4,594,095 |
| Profits Per Employee | $-310,795 |
| Employee Count | 200 |
| Asset Turnover | 2.94 |
| Inventory Turnover | 3.95 |
Taxes
| Income Tax | 31K |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -77.9% in the last 52 weeks. The beta is 2.23, so Offerpad Solutions's price volatility has been higher than the market average.
| Beta | 2.23 |
| 52-Week Price Change | -77.9% |
| 50-Day Moving Average | 2.13 |
| 200-Day Moving Average | 3.39 |
| Relative Strength Index (RSI) | 43.11 |
| Average Volume (20 Days) | 54.7K |
Income Statement
In the last 12 months, Offerpad Solutions had revenue of 918.82M and earned -62.16M in profits. Earnings per share was -2.27.
| Revenue | 918.82M |
| Gross Profit | 72.19M |
| Operating Income | -46.04M |
| Net Income | -62.16M |
| EBITDA | -42.83M |
| EBIT | -46.04M |
| Earnings Per Share (EPS) | -2.27 |
Balance Sheet
The company has 43.02M in cash and 238.2M in debt, giving a net cash position of -195.18M.
| Cash & Cash Equivalents | 43.02M |
| Total Debt | 238.2M |
| Net Cash | -195.18M |
| Retained Earnings | -460.05M |
| Total Assets | 313.05M |
| Working Capital | 43.25M |
Cash Flow
In the last 12 months, operating cash flow was 20.83M and capital expenditures -5.41M, giving a free cash flow of 15.43M.
| Operating Cash Flow | 20.83M |
| Capital Expenditures | -5.41M |
| Free Cash Flow | 15.43M |
| FCF Per Share | 0.56 |
Margins
Gross margin is 7.86%, with operating and profit margins of -5.01% and -6.77%.
| Gross Margin | 7.86% |
| Operating Margin | -5.01% |
| Pretax Margin | -6.76% |
| Profit Margin | -6.77% |
| EBITDA Margin | -4.66% |
| EBIT Margin | -5.01% |
| FCF Margin | 1.68% |
Dividends & Yields
OPAD does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -126.82% |
| FCF Yield | 31.47% |
Analyst Forecast
The average price target for OPAD is $3, which is 67.6% higher than the current price. The consensus rating is "Hold".
| Price Target | $3 |
| Price Target Difference | 67.6% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
Stock Splits
The last stock split was on Jun 13, 2023. It was a backward split with a ratio of 1:15.
| Last Split Date | Jun 13, 2023 |
| Split Type | backward |
| Split Ratio | 1:15 |
Scores
| Altman Z-Score | 0.7 |
| Piotroski F-Score | 3 |