Offerpad Solutions Inc

Company Profile

Offerpad Solutions Inc had its IPO on 2020-12-11 under the ticker symbol OPAD.

The company operates in the Real Estate sector and Real Estate Services industry. Offerpad Solutions Inc has a staff strength of 900 employees.

Stock update

Shares of Offerpad Solutions Inc opened at $9.93 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.67 - $10.36, and closed at $10.1.

This is a -0.59% slip from the previous day's closing price.

A total volume of 133,709 shares were traded at the close of the day’s session.

In the last one week, shares of Offerpad Solutions Inc have slipped by -19.2%.

Offerpad Solutions Inc's Key Ratios

Offerpad Solutions Inc has a market cap of $340.32 million, indicating a price to book ratio of 0.6207 and a price to sales ratio of 0.034.

In the last 12-months Offerpad Solutions Inc’s revenue was $2.34 billion with a gross profit of $182.42 million and an EBITDA of $-252576992. The EBITDA ratio measures Offerpad Solutions Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Offerpad Solutions Inc’s operating margin was -10.85% while its return on assets stood at -16.87% with a return of equity of -125.23%.

In Q2, Offerpad Solutions Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 78.7%.

Offerpad Solutions Inc’s PE and PEG Ratio

Forward PE

2.9603

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-15.57 per share while it has a forward price to earnings multiple of 2.9603 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Offerpad Solutions Inc’s profitability.

Offerpad Solutions Inc stock is trading at a EV to sales ratio of 0.2685 and a EV to EBITDA ratio of 47.3365. Its price to sales ratio in the trailing 12-months stood at 0.034.

Offerpad Solutions Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$353.10 million

Total Liabilities

$216.85 million

Operating Cash Flow

$0

Capital Expenditure

$15000

Dividend Payout Ratio

0%

Offerpad Solutions Inc ended 2024 with $353.10 million in total assets and $0 in total liabilities. Its intangible assets were valued at $353.10 million while shareholder equity stood at $133.21 million.

Offerpad Solutions Inc ended 2024 with $0 in deferred long-term liabilities, $216.85 million in other current liabilities, 3000.00 in common stock, $-362460000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $115.60 million and cash and short-term investments were $115.60 million. The company’s total short-term debt was $193,540,000 while long-term debt stood at $0.

Offerpad Solutions Inc’s total current assets stands at $343.59 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.48 million compared to accounts payable of $6.34 million and inventory worth $211.12 million.

In 2024, Offerpad Solutions Inc's operating cash flow was $0 while its capital expenditure stood at $15000.

Comparatively, Offerpad Solutions Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.1

52-Week High

$21.9

52-Week Low

$5.628

Analyst Target Price

$10.75

Offerpad Solutions Inc stock is currently trading at $10.1 per share. It touched a 52-week high of $21.9 and a 52-week low of $21.9. Analysts tracking the stock have a 12-month average target price of $10.75.

Its 50-day moving average was $11.45 and 200-day moving average was $9.71 The short ratio stood at 9.93 indicating a short percent outstanding of 0%.

Around 1183.8% of the company’s stock are held by insiders while 4729.3% are held by institutions.