Unfortunately for some shareholders, the Offerpad Solutions Inc. (NYSE:OPAD) share price has dived 34% in the last thirty days, prolonging recent pain. Instead of being rewarded, shareholders who have already held through the last twelve months are now sitting on a 43% share price drop.
Following the heavy fall in price, Offerpad Solutions may look like a strong buying opportunity at present with its price-to-sales (or "P/S") ratio of 0.1x, considering almost half of all companies in the Real Estate industry in the United States have P/S ratios greater than 2.3x and even P/S higher than 9x aren't out of the ordinary. However, the P/S might be quite low for a reason and it requires further investigation to determine if it's justified.
NYSE:OPAD Price to Sales Ratio vs Industry May 31st 2024
How Offerpad Solutions Has Been Performing
Offerpad Solutions hasn't been tracking well recently as its declining revenue compares poorly to other companies, which have seen some growth in their revenues on average. The P/S ratio is probably low because investors think this poor revenue performance isn't going to get any better. If this is the case, then existing shareholders will probably struggle to get excited about the future direction of the share price.
If you'd like to see what analysts are forecasting going forward, you should check out our free report on Offerpad Solutions.
Is There Any Revenue Growth Forecasted For Offerpad Solutions?
In order to justify its P/S ratio, Offerpad Solutions would need to produce anemic growth that's substantially trailing the industry.
Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 69%. Unfortunately, that's brought it right back to where it started three years ago with revenue growth being virtually non-existent overall during that time. Therefore, it's fair to say that revenue growth has been inconsistent recently for the company.
Looking ahead now, revenue is anticipated to climb by 31% each year during the coming three years according to the five analysts following the company. With the industry only predicted to deliver 12% per year, the company is positioned for a stronger revenue result.
In light of this, it's peculiar that Offerpad Solutions' P/S sits below the majority of other companies. Apparently some shareholders are doubtful of the forecasts and have been accepting significantly lower selling prices.
What We Can Learn From Offerpad Solutions' P/S?
Having almost fallen off a cliff, Offerpad Solutions' share price has pulled its P/S way down as well. Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.
To us, it seems Offerpad Solutions currently trades on a significantly depressed P/S given its forecasted revenue growth is higher than the rest of its industry. There could be some major risk factors that are placing downward pressure on the P/S ratio. While the possibility of the share price plunging seems unlikely due to the high growth forecasted for the company, the market does appear to have some hesitation.
Don't forget that there may be other risks. For instance, we've identified 4 warning signs for Offerpad Solutions that you should be aware of.
If strong companies turning a profit tickle your fancy, then you'll want to check out this free list of interesting companies that trade on a low P/E (but have proven they can grow earnings).
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對一些股東來說,不幸的是,Offerpad Solutions Inc.(紐約證券交易所代碼:OPAD) 的股價在過去30天內已暴跌34%,延長了近期的痛苦。在過去十二個月中已經持股的股東沒有獲得回報,反而坐視股價下跌了43%。
在價格大幅下跌之後,Offerpad Solutions目前看上去是一個強勁的買入機會,其市銷率(或 “市盈率”)爲0.1倍,因爲美國房地產行業幾乎有一半的公司的市銷率超過2.3倍,即使市盈率高於9倍也並非不尋常。但是,市銷率可能很低是有原因的,需要進一步調查以確定其是否合理。
紐約證券交易所:OPAD 與行業的股價銷售比率 2024 年 5 月 31 日
Offerpad 解決方案的表現如何
Offerpad Solutions最近表現不佳,其收入下降與其他公司相比表現不佳,後者的平均收入有所增長。市銷率可能很低,因爲投資者認爲這種糟糕的收入表現不會好轉。如果是這樣的話,那麼現有股東可能很難對股價的未來走向感到興奮。
如果你想了解分析師對未來的預測,你應該查看我們關於Offerpad Solutions的免費報告。
預計Offerpad解決方案的收入會增長嗎?
爲了證明其市銷率是合理的,Offerpad Solutions需要實現大幅落後於該行業的疲軟增長。
首先回顧一下,該公司去年的收入增長並不令人興奮,因爲它公佈了令人失望的69%的跌幅。不幸的是,這使它回到了三年前的起點,當時總體收入幾乎沒有增長。因此,可以公平地說,該公司最近的收入增長一直不穩定。
現在展望未來,根據關注該公司的五位分析師的說法,預計未來三年收入將每年增長31%。由於該行業預計每年僅實現12%的收入,該公司有望實現更強勁的收入業績。
有鑑於此,奇怪的是,Offerpad Solutions的市銷率低於其他多數公司。顯然,一些股東對預測持懷疑態度,並一直在接受大幅降低的銷售價格。
我們可以從Offerpad Solutions的市銷率中學到什麼?
在差點跌下懸崖之後,Offerpad Solutions的股價也大幅下調了市銷率。通常,在做出投資決策時,我們謹慎行事,不要過多地考慮市售比率,儘管這可以揭示其他市場參與者對公司的看法。
在我們看來,鑑於Offerpad Solutions的預測收入增長高於其行業其他部門,目前的市銷率似乎嚴重低迷。可能有一些主要的風險因素給市銷率帶來下行壓力。儘管由於預計該公司將實現高增長,股價暴跌的可能性似乎不大,但市場似乎確實有些猶豫。
別忘了可能還有其他風險。例如,我們已經確定了Offerpad解決方案的4個警告信號,你應該注意這些信號。
如果你喜歡實力雄厚的公司盈利,那麼你會想看看這份以低市盈率(但已證明可以增加收益)的有趣公司的免費名單。
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。