Offerpad Solutions (NYSE:OPAD - Get Free Report) issued its earnings results on Monday. The company reported ($0.63) EPS for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.15), Zacks reports. The firm had revenue of $174.27 million during the quarter, compared to the consensus estimate of $174.24 million. Offerpad Solutions had a negative net margin of 6.12% and a negative return on equity of 72.88%. Offerpad Solutions updated its Q1 2025 guidance to EPS.
Offerpad Solutions Trading Down 1.4 %
Shares of OPAD stock traded down $0.03 during trading hours on Thursday, reaching $2.05. 18,249 shares of the stock were exchanged, compared to its average volume of 51,580. Offerpad Solutions has a 12-month low of $1.97 and a 12-month high of $8.93. The firm has a market capitalization of $56.12 million, a price-to-earnings ratio of -0.93 and a beta of 2.22. The company's 50-day moving average price is $2.61 and its 200-day moving average price is $3.32.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods cut their target price on Offerpad Solutions from $3.15 to $2.25 and set a "market perform" rating on the stock in a research note on Wednesday. The Goldman Sachs Group cut their price target on shares of Offerpad Solutions from $5.00 to $2.00 and set a "neutral" rating for the company in a research report on Tuesday. Finally, JMP Securities reissued a "market outperform" rating and issued a $4.50 price target on shares of Offerpad Solutions in a research note on Monday, December 16th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $4.15.
Read Our Latest Analysis on OPAD
Offerpad Solutions Company Profile
(
Get Free Report)
Offerpad Solutions Inc, together with its subsidiaries, provides technology-enabled solutions for residential real estate market in the United States. It operates iBuying, a real estate solutions platform for on-demand customer that provides home buyers the opportunity to browse and tour homes online.
Featured Articles
Before you consider Offerpad Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Offerpad Solutions wasn't on the list.
While Offerpad Solutions currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
