Wheels Up Experience (UP) Stock Price, News & Analysis

Company Overview

Wheels Up Experience Inc. provides private aviation services in the United States and internationally. The company offers membership programs consisting of Connect that offers members variable dynamic pricing on a per trip basis and flexibility on their schedule; Core for private flyers; and UP for Business for small and medium enterprise, and large corporate customers for whom it is primary provider of private flights, as well as supplementary solution to their own aircraft operations. It also provides charter flight solutions for passenger groups, sports teams, corporate event, and tour operations, as well as global passenger, cargo, emergency, and government services; wholesale and group charter services; maintenance, repair, and operations services; fixed-base operator services; safety and security services; and government, defense, emergency, and medical transport missions. It serves individuals, small and medium enterprises, and corporate customers. As of December 31, 2023, the company operated a fleet of 185 owned and leased aircraft. Wheels Up Experience Inc. was founded in 2013 and is headquartered in Chamblee, Georgia.

Key Stats

• Today's Range: $2.05 to $2.15
• 50-Day Range: $1.96 to $2.46
• 52-Week Range: $1.40 to $6.08
• Volume: 478,302 shs
• Average Volume: 915,043 shs
• Market Capitalization: $1.46 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Wheels Up Experience Stock Analysis - MarketRank™

Wheels Up Experience scored higher than 4% of companies evaluated by MarketBeat, and ranked 52nd out of 52 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Wheels Up Experience.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wheels Up Experience is -4.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wheels Up Experience is -4.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Wheels Up Experience has a P/B Ratio of 14.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.14% of the float of Wheels Up Experience has been sold short.

Short Interest Ratio / Days to Cover

Wheels Up Experience has a short interest ratio ("days to cover") of 11.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Wheels Up Experience has recently decreased by 4.65%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Wheels Up Experience does not currently pay a dividend.

Dividend Growth

Wheels Up Experience does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

3.14% of the float of Wheels Up Experience has been sold short.

Short Interest Ratio / Days to Cover

Wheels Up Experience has a short interest ratio ("days to cover") of 11.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Wheels Up Experience has recently decreased by 4.65%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.25

News Sentiment

Wheels Up Experience has a news sentiment score of 0.25. 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 0.75 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Wheels Up Experience this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for UP on MarketBeat in the last 30 days. This is a decrease of 0% 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, Wheels Up Experience insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.13% of the stock of Wheels Up Experience is held by insiders.

Percentage Held by Institutions

98.20% of the stock of Wheels Up Experience is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UP Stock Analysis - Frequently Asked Questions

How have UP shares performed this year?

Wheels Up Experience's stock was trading at $3.43 at the beginning of the year. Since then, UP shares have decreased by 39.1% and is now trading at $2.09.
View the best growth stocks for 2024 here.

How were Wheels Up Experience's earnings last quarter?

Wheels Up Experience Inc. (NYSE:UP) posted its quarterly earnings results on Thursday, May, 9th. The company reported ($0.13) EPS for the quarter. The firm had revenue of $197.10 million for the quarter. Wheels Up Experience had a negative net margin of 39.97% and a negative trailing twelve-month return on equity of 796.67%.

When did Wheels Up Experience's stock split?

Wheels Up Experience's stock reverse split on the morning of Thursday, June 8th 2023. The 1-10 reverse split was announced on Thursday, June 8th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Wheels Up Experience's major shareholders?

Top institutional investors of Wheels Up Experience include Kore Advisors LP (3.67%), Geode Capital Management LLC (0.28%), State Street Corp (0.19%) and Charles Schwab Investment Management Inc. (0.11%). Insiders that own company stock include Vinayak Hegde, David J Adelman, Mark Briffa and Laura Heltebran.
View institutional ownership trends.

How do I buy shares of Wheels Up Experience?

Shares of UP 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 Wheels Up Experience own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wheels Up Experience investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC), Waste Connections (WCN) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: Air transportation, nonscheduled
• Sub-Industry: Transportation
• Current Symbol: NYSE:UP
• CUSIP: N/A
• CIK: 1819516
• Web: www.aspconsumer.com
• Phone: 212-257-5252
• Fax: N/A
• Employees: 2,206
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.50)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-487,390,000.00
• Net Margins: -39.97%
• Pretax Margin: -39.81%
• Return on Equity: -796.67%
• Return on Assets: -27.26%

Debt

• Debt-to-Equity Ratio: 238.01
• Current Ratio: 0.31
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: $833.67 million
• Price / Sales: 1.75
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.14 per share
• Price / Book: 14.93

Miscellaneous

• Outstanding Shares: 697,812,000
• Free Float: 696,905,000
• Market Cap: $1.46 billion
• Optionable: Optionable
• Beta: 2.24