OppFi: This Fintech Could Have More To Rally [Seeking Alpha]
OppFi Inc. Class A (OPFI)
Company Research
Source: Seeking Alpha
6min Summary OppFi's 90% rally over the past year may continue, driven by Fed rate cuts and a strong financial performance, including rising revenue and net income. The company's valuation is attractive with a price-to-sales multiple of 0.77x, supported by free cash flow and a healthy cash position. Despite high net charge-off rates, OPFI's financials show improvement, with reduced expenses and increased adjusted net income. While macroeconomic risks like a recession pose threats, the current market sentiment and potential Fed rate cuts could sustain OPFI's stock momentum. PM Images OppFi's ( NYSE: OPFI ) remarkable 92% rally over the last 1 year could have more room to run against a stock market possibly set to realize back-to-back cuts to the Fed funds rate following the bumper 50 basis points cut at the September FOMC meeting. For the $385 million market cap, OPFI, the cuts open an opportunity for the company's valuation to continue a recovery that has been building
Show less
Read more
Impact Snapshot
Event Time:
OPFI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OPFI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OPFI alerts
High impacting OppFi Inc. Class A news events
Weekly update
A roundup of the hottest topics
OPFI
News
- OppFi Inc. (NYSE: OPFI) had its price target raised by analysts at Northland Securities from $6.00 to $8.00. They now have an "outperform" rating on the stock.MarketBeat
- Stonegate Capital Partners Updates 3Q24 Report on OppFi, Inc. (OPFI) [Yahoo! Finance]Yahoo! Finance
- OppFi Inc (OPFI) Q3 2024 Earnings Call Highlights: Record Revenue and Net Income Propel ... [Yahoo! Finance]Yahoo! Finance
- OppFi Inc. (OPFI) Surpasses Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- OppFi Reports Record Third Quarter Net Income and Revenue, Raises Full-Year Earnings OutlookBusiness Wire
OPFI
Earnings
- 11/7/24 - Beat
OPFI
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- OPFI's page on the SEC website