NASDAQ:INSU

Shift Technologies Stock Forecast, Price & News

$10.92

+0.09 (+0.83 %)

(As of 10/21/2020 12:00 AM ET)

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Today's Range

$10.85

Now: $10.92▼

$11.31

50-Day Range N/A

52-Week Range

$9.52

Now: $10.92▼

$14.91

Volume451,383 shs

Average Volume342,976 shs

Market Capitalization$225.53 million

P/E RatioN/A

Dividend YieldN/A

Beta0.7

Shift Technologies, Inc. provides an online platform that allows people to buy and sell their new and used cars. The company offers sedans, hatchbacks, wagons, SUVs, vans, coupes, convertibles, and trucks. It also offers financing options. The company was founded in 2013 and is based in San Francisco, California with physical locations in San Francisco, Los Angeles, San Diego, and Sacramento, California; and Portland, Oregon.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Shift Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.00, Shift Technologies has a forecasted upside of 83.2% from its current price of $10.92.
Amount of Analyst Coverage
Shift Technologies has only been the subject of 1 research reports in the past 90 days.

0.0 Community Rank

Outperform Votes
Shift Technologies has received 2 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Shift Technologies has received 0 “underperform” votes. (Add your “underperform” vote.)

MarketBeat's community ratings are surveys of what our community members think about Shift Technologies and other stocks. Vote “Outperform” if you believe INSU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe INSU will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Shift Technologies does not currently pay a dividend.
Dividend Growth
Shift Technologies does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shift Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 26.74% of the stock of Shift Technologies is held by insiders.
Percentage Held by Institutions
57.59% of the stock of Shift Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Shift Technologies are expected to decrease in the coming year, from ($0.77) to ($0.82) per share.
Price to Book Value per Share Ratio
Shift Technologies has a P/B Ratio of 45.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.90 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Automotive dealers & gasoline service stations

Sub-IndustryN/A

SectorUnclassified

Current SymbolNASDAQ:INSU

Previous Symbol

CUSIPN/A

CIKN/A

Webshift.com

Phone215-701-9555

Employees350

Debt

Debt-to-Equity RatioN/A

Current Ratio0.16

Quick Ratio0.16

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash Flow$0.06 per share

Price / Cash Flow176.16

Book Value$0.24 per share

Price / Book45.50

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$1.33 million

Net MarginsN/A

Return on Equity-6.01%

Return on Assets-0.20%

Miscellaneous

Outstanding Shares20,653,000

Market Cap$225.53 million

Next Earnings DateN/A

OptionableOptionable

$10.92

+0.09 (+0.83 %)

(As of 10/21/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Shift Technologies (NASDAQ:INSU) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Shift Technologies?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shift Technologies in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Shift Technologies.

What price target have analysts set for INSU?

1 brokers have issued 12 month price objectives for Shift Technologies' shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Shift Technologies' share price to reach $20.00 in the next twelve months. This suggests a possible upside of 83.2% from the stock's current price.
View analysts' price targets for Shift Technologies.

Who are some of Shift Technologies' key competitors?

Some companies that are related to Shift Technologies include America's Car-Mart (CRMT), TravelCenters of America (TA), Kaixin Auto (KXIN), LMP Automotive (LMPX), Shift Technologies (SFT), Lazydays (LAZY), FFP Marketing (FFPM), FFP Partners (XXFPL) and Lentuo International (LASLY).
View all competitors.

What other stocks do shareholders of Shift Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shift Technologies investors own include Ampio Pharmaceuticals (AMPE), Trevena (TRVN), Advanced Micro Devices (AMD), Chromadex (CDXC), Chimerix (CMRX), CorMedix (CRMD), CTI BioPharma (CTIC), DRDGOLD (DRD), Equinox Gold Cp (EQX) and Forte Biosciences (FBRX).

Who are Shift Technologies' key executives?

Shift Technologies' management team includes the following people:

Mr. George Arison, Co-Founder, Co-CEO & Director
Mr. Toby Russell, Co-Founder, Co-CEO & Director
Mr. Christian Ohler, Co-Founder & CTO
Ms. Cindy Hanford, Chief Financial Officer
Mr. Sean Foy, Chief Operating Officer
Mr. Josh Pittman, VP of Sales
Ms. Tracy Lessin, VP & Head of Marketing
Mr. Karan M. Gupta, Sr. VP of Engineering

What is Shift Technologies' stock symbol?

Shift Technologies trades on the NASDAQ under the ticker symbol "INSU."

How do I buy shares of Shift Technologies?

Shares of INSU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Shift Technologies' stock price today?

One share of INSU stock can currently be purchased for approximately $10.92.

How big of a company is Shift Technologies?

Shift Technologies has a market capitalization of $225.53 million. Shift Technologies employs 350 workers across the globe.

What is Shift Technologies' official website?

The official website for Shift Technologies is shift.com.

How can I contact Shift Technologies?

Shift Technologies' mailing address is 2929 ARCH STREET SUITE 1703, PHILADELPHIA PA, 19104. The company can be reached via phone at 215-701-9555.

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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