Upwork Inc. (UPWK)
Upwork Statistics
Share Statistics
Upwork has 135.46M shares outstanding. The number of shares has increased by 2.17% in one year.
| Shares Outstanding | 135.46M |
| Shares Change (YoY) | 2.17% |
| Shares Change (QoQ) | 1.34% |
| Owned by Institutions (%) | 81.9% |
| Shares Floating | 122.55M |
| Failed to Deliver (FTD) Shares | 2 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 12.7M, so 9.37% of the outstanding shares have been sold short.
| Short Interest | 12.7M |
| Short % of Shares Out | 9.37% |
| Short % of Float | 11.45% |
| Short Ratio (days to cover) | 7.92 |
Valuation Ratios
The PE ratio is 10.13 and the forward PE ratio is 9.56. Upwork's PEG ratio is 0.03.
| PE Ratio | 10.13 |
| Forward PE | 9.56 |
| PS Ratio | 2.84 |
| Forward PS | 1.8 |
| PB Ratio | 3.8 |
| P/FCF Ratio | 14.56 |
| PEG Ratio | 0.03 |
Enterprise Valuation
Upwork has an Enterprise Value (EV) of 2.25B.
| EV / Sales | 2.92 |
| EV / EBITDA | 34.48 |
| EV / EBIT | 14.64 |
| EV / FCF | 14.98 |
Financial Position
The company has a current ratio of 3.39, with a Debt / Equity ratio of 0.64.
| Current Ratio | 3.39 |
| Quick Ratio | 3.39 |
| Debt / Equity | 0.64 |
| Debt / EBITDA | 5.66 |
| Debt / FCF | 2.46 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 37.47% and Return on Invested Capital is 16.45%.
| Return on Equity | 37.47% |
| Return on Assets | 17.79% |
| Return on Invested Capital | 16.45% |
| Revenue Per Employee | $1.28M |
| Profits Per Employee | $359.31K |
| Employee Count | 600 |
| Asset Turnover | 0.63 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -125.16M |
| Effective Tax Rate | -138.41% |
Stock Price Statistics
The stock price has increased by 13.27% in the last 52 weeks. The beta is 1.6, so Upwork's price volatility has been higher than the market average.
| Beta | 1.6 |
| 52-Week Price Change | 13.27% |
| 50-Day Moving Average | 14.13 |
| 200-Day Moving Average | 13.29 |
| Relative Strength Index (RSI) | 44.72 |
| Average Volume (20 Days) | 2.45M |
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 369.12M in debt, giving a net cash position of -63.36M.
| Cash & Cash Equivalents | 305.76M |
| Total Debt | 369.12M |
| Net Cash | -63.36M |
| 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 | 9.87% |
| FCF Yield | 6.87% |
Analyst Forecast
The average price target for UPWK is $18.5, which is 45.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $18.5 |
| Price Target Difference | 45.4% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Scores
| Altman Z-Score | 3.01 |
| Piotroski F-Score | 7 |