Upwork Inc. (UPWK)
Upwork Statistics
Share Statistics
Upwork has 135.46M shares outstanding. The number of shares has increased by -2.71% in one year.
| Shares Outstanding | 135.46M |
| Shares Change (YoY) | -2.71% |
| Shares Change (QoQ) | 1.26% |
| Owned by Institutions (%) | 81.9% |
| Shares Floating | 122.55M |
| Failed to Deliver (FTD) Shares | 300 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 9.34M, so 6.99% of the outstanding shares have been sold short.
| Short Interest | 9.34M |
| Short % of Shares Out | 6.99% |
| Short % of Float | 7.73% |
| Short Ratio (days to cover) | 5.05 |
Valuation Ratios
The PE ratio is 10.13 and the forward PE ratio is 14.21. Upwork's PEG ratio is 0.03.
| PE Ratio | 10.13 |
| Forward PE | 14.21 |
| PS Ratio | 2.84 |
| Forward PS | 1.8 |
| PB Ratio | 3.8 |
| P/FCF Ratio | 14.56 |
| PEG Ratio | 0.03 |
Enterprise Valuation
Upwork Inc. has an Enterprise Value (EV) of 2.29B.
| EV / Earnings | 10.62 |
| EV / Sales | 2.97 |
| EV / EBITDA | 35.1 |
| EV / EBIT | 35.1 |
| EV / FCF | 15.25 |
Financial Position
The company has a current ratio of 3.39, with a Debt / Equity ratio of 0.02.
| Current Ratio | 3.39 |
| Quick Ratio | 3.39 |
| Debt / Equity | 0.02 |
| Total Debt / Capitalization | 1.64 |
| Cash Flow / Debt | 16.05 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.37% and return on capital (ROIC) is 26.58%.
| Return on Equity (ROE) | 0.37% |
| Return on Assets (ROA) | 0.18% |
| Return on Capital (ROIC) | 26.58% |
| Revenue Per Employee | $1,282,208.33 |
| Profits Per Employee | $359,310 |
| Employee Count | 600 |
| Asset Turnover | 0.63 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -125.16M |
| Effective Tax Rate | -1.38 |
Stock Price Statistics
The stock price has increased by 7.67% in the last 52 weeks. The beta is 1.61, so Upwork's price volatility has been higher than the market average.
| Beta | 1.61 |
| 52-Week Price Change | 7.67% |
| 50-Day Moving Average | 15.12 |
| 200-Day Moving Average | 13.13 |
| Relative Strength Index (RSI) | 38.49 |
| Average Volume (20 Days) | 2.41M |
Income Statement
In the last 12 months, Upwork had revenue of 769.33M and earned 215.59M in profits. Earnings per share was 1.61.
| Revenue | 769.33M |
| Gross Profit | 595.23M |
| Operating Income | 65.21M |
| Net Income | 215.59M |
| EBITDA | 65.21M |
| EBIT | 65.21M |
| Earnings Per Share (EPS) | 1.61 |
Balance Sheet
The company has 305.76M in cash and 9.57M in debt, giving a net cash position of 296.19M.
| Cash & Cash Equivalents | 305.76M |
| Total Debt | 9.57M |
| Net Cash | 296.19M |
| Retained Earnings | -78.48M |
| Total Assets | 1.21B |
| Working Capital | 642.62M |
Cash Flow
In the last 12 months, operating cash flow was 153.56M and capital expenditures -3.53M, giving a free cash flow of 150.03M.
| Operating Cash Flow | 153.56M |
| Capital Expenditures | -3.53M |
| Free Cash Flow | 150.03M |
| FCF Per Share | 1.12 |
Margins
Gross margin is 77.37%, with operating and profit margins of 8.48% and 28.02%.
| Gross Margin | 77.37% |
| Operating Margin | 8.48% |
| Pretax Margin | 11.75% |
| Profit Margin | 28.02% |
| EBITDA Margin | 8.48% |
| EBIT Margin | 8.48% |
| FCF Margin | 19.5% |
Dividends & Yields
UPWK 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 | 12.2% |
| FCF Yield | 8.39% |
Analyst Forecast
The average price target for UPWK is $18.5, which is 40.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $18.5 |
| Price Target Difference | 40.2% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 3.11 |
| Piotroski F-Score | 8 |