UP Fintech (TIGR) Stock Price, News & Analysis

Company Overview

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services. In addition, the company provides trade execution, margin financing, and securities lending services; asset management and wealth management; ESOP management; fund license application, product design, asset custody, transaction execution, and funding allocation; fund structuring and management; and IPO underwriting services. Further, it offers market information, community engagement, and simulated trading services. UP Fintech Holding Limited was founded in 2014 and is based in Beijing, China.

Key Stats

• Today's Range: $5.77 to $5.96
• 50-Day Range: $3.42 to $12.39
• 52-Week Range: $3.10 to $14.48
• Volume: 2.94 million shs
• Average Volume: 9.88 million shs
• Market Capitalization: $1.08 billion
• P/E Ratio: 29.25
• Dividend Yield: N/A
• Price Target: $5.42
• Consensus Rating: Reduce

UP Fintech Stock Analysis - MarketRank™

UP Fintech scored higher than 22% of companies evaluated by MarketBeat, and ranked 880th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

UP Fintech has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on 1 buy rating, no hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

UP Fintech has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of UP Fintech is 29.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of UP Fintech is 29.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

Price to Book Value per Share Ratio

UP Fintech has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.29% of the outstanding shares of UP Fintech have been sold short.

Short Interest Ratio / Days to Cover

UP Fintech has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in UP Fintech has recently decreased by 20.03%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

UP Fintech does not currently pay a dividend.

Dividend Growth

UP Fintech does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.29% of the outstanding shares of UP Fintech have been sold short.

Short Interest Ratio / Days to Cover

UP Fintech has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in UP Fintech has recently decreased by 20.03%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.23

News Sentiment

UP Fintech has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for UP Fintech this week, compared to 4 articles on an average week.

Search Interest

Only 12 people have searched for TIGR on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added UP Fintech to their MarketBeat watchlist in the last 30 days. This is a decrease of -72% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, UP Fintech insiders have not sold or bought any company stock.

Percentage Held by Insiders

50.90% of the stock of UP Fintech is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 9.03% of the stock of UP Fintech is held by institutions.

TIGR Stock Analysis - Frequently Asked Questions

How have TIGR shares performed this year?

UP Fintech's stock was trading at $4.42 at the start of the year. Since then, TIGR stock has increased by 32.4% and is now trading at $5.85.
View the best growth stocks for 2024 here.

How were UP Fintech's earnings last quarter?

UP Fintech Holding Limited (NASDAQ:TIGR) released its quarterly earnings results on Friday, August, 30th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.03. The company had revenue of $87.44 million for the quarter. UP Fintech had a trailing twelve-month return on equity of 6.09% and a net margin of 9.14%.

When did UP Fintech IPO?

UP Fintech (TIGR) raised $114 million in an initial public offering (IPO) on Wednesday, March 20th 2019. The company issued 19,000,000 shares at $5.00-$7.00 per share. Citigroup and Deutsche Bank Securities served as the underwriters for the IPO and AMTD, China Merchants Securities (HK) and Tiger Brokers were co-managers.

Who are UP Fintech's major shareholders?

Top institutional investors of UP Fintech include Sparta 24 Ltd. (1.88%), State Street Corp (0.40%), GSA Capital Partners LLP (0.37%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.11%).
View institutional ownership trends.

How do I buy shares of UP Fintech?

Shares of TIGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of UP Fintech own?

Based on aggregate information from My MarketBeat watchlists, some other companies that UP Fintech investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), CrowdStrike (CRWD), Palantir Technologies (PLTR) and PayPal (PYPL).

Company Calendar

• Last Earnings: 8/30/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Security brokers & dealers
• Sub-Industry: Trading
• Current Symbol: NASDAQ:TIGR
• CUSIP: N/A
• CIK: 1756699
• Web: www.itiger.com
• Phone: 86-10-5621-6660
• Fax: N/A
• Employees: 1,109
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.42
• High Stock Price Target: $7.58
• Low Stock Price Target: $3.17
• Potential Upside/Downside: -7.4%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.20
• Trailing P/E Ratio: 29.25
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $32.56 million
• Net Margins: 9.14%
• Pretax Margin: 13.00%
• Return on Equity: 6.09%
• Return on Assets: 0.65%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.11
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $272.51 million
• Price / Sales: 3.96
• Cash Flow: $0.22 per share
• Price / Cash Flow: 27.19
• Book Value: $2.91 per share
• Price / Book: 2.01

Miscellaneous

• Outstanding Shares: 184,650,000
• Free Float: 90,661,000
• Market Cap: $1.08 billion
• Optionable: Optionable
• Beta: 0.91