What is Katapult's stock price target for 2024?

0 brokers have issued 12 month price objectives for Katapult's stock. Their KPLT share price targets range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 130.7% from the stock's current price. View analysts price targets for KPLT or view top-rated stocks among Wall Street analysts .

How have KPLT shares performed in 2024?

Katapult's stock was trading at $10.89 at the beginning of 2024. Since then, KPLT stock has decreased by 20.4% and is now trading at $8.67. View the best growth stocks for 2024 here .

Are investors shorting Katapult?

Katapult saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 65,500 shares, a decrease of 6.4% from the March 15th total of 70,000 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.9% of the company's shares are sold short. View Katapult's Short Interest .

When is Katapult's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our KPLT earnings forecast .

How were Katapult's earnings last quarter?

Katapult Holdings, Inc. (NASDAQ:KPLT) issued its quarterly earnings data on Thursday, March, 14th. The company reported ($4.46) EPS for the quarter. The business earned $56.71 million during the quarter. Katapult had a negative trailing twelve-month return on equity of 6,063.05% and a negative net margin of 16.66%.

When did Katapult's stock split?

Shares of Katapult reverse split on Friday, July 28th 2023. The 1-25 reverse split was announced on Friday, July 28th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

What guidance has Katapult issued on next quarter's earnings?

Katapult issued an update on its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $62.4 million-$63.5 million, compared to the consensus revenue estimate of $61.9 million.

How do I buy shares of Katapult?

Shares of KPLT 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 .

NASDAQ:KPLT

Katapult (KPLT) Stock Price, News & Analysis

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$8.68

-0.07 (-0.80%)

(As of 02:35 PM ET)

Compare

Today's Range: $8.62
▼
$8.73
50-Day Range: $8.58
▼
$18.40
52-Week Range: $8.26
▼
$24.76

Volume: 8,282 shs
Average Volume: 14,214 shs
Market Capitalization: $35.33 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.00

Get Katapult alerts:

Katapult MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 130.7% Upside
$20.00 Price Target
Short Interest: Healthy
2.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.44
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.71 out of 5 stars

Business Services Sector

281st out of 310 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

9th out of 10 stocks

2.0

Analyst's Opinion

Amount of Analyst Coverage
Katapult has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.90% of the float of Katapult has been sold short.
Short Interest Ratio / Days to Cover
Katapult has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Katapult has recently decreased by 6.43%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KPLT.

1.9

News and Social Media Coverage

News Sentiment
Katapult has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Katapult this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Katapult to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Katapult insiders have not sold or bought any company stock.
Percentage Held by Insiders
46.10% of the stock of Katapult is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 26.81% of the stock of Katapult is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Katapult is -0.96, 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 Katapult is -0.96, 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
Katapult has a P/B Ratio of 4.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Katapult Stock (NASDAQ:KPLT)

Katapult Holdings, Inc., an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers. It also offers Katapult Pay, a one-time use virtual card technology that makes lease purchasing and transactions. The company was formerly known as Cognical Holdings, Inc. and changed its name to Katapult Holdings, Inc. in February 2020. The company is headquartered in Plano, Texas.

KPLT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KPLT Stock News Headlines

April 16, 2024 | finance.yahoo.com

Katapult Holdings, Inc. (KPLT)

April 16, 2024 | americanbankingnews.com

Short Interest in Katapult Holdings, Inc. (NASDAQ:KPLT) Decreases By 6.4%

April 18, 2024 | Chaikin Analytics (Ad)

Henry Kissinger’s chilling AI warning

April 12, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Katapult Holdings, Inc. - KPLT

April 11, 2024 | americanbankingnews.com

Katapult Target of Unusually Large Options Trading (NASDAQ:KPLT)

April 4, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Katapult Holdings, Inc. - KPLT

April 3, 2024 | msn.com

Katapult Holdings stock slides after delaying 2023 filing due to restatement

March 22, 2024 | thestreet.com

Katapult Holdings Inc.

April 18, 2024 | Chaikin Analytics (Ad)

Henry Kissinger’s chilling AI warning

March 17, 2024 | finance.yahoo.com

W Apr 2024 58.000 put

March 17, 2024 | finance.yahoo.com

W Mar 2024 63.000 put

March 17, 2024 | finance.yahoo.com

US$16.00: That's What Analysts Think Katapult Holdings, Inc. (NASDAQ:KPLT) Is Worth After Its Latest Results

March 16, 2024 | finance.yahoo.com

Katapult Holdings, Inc. (NASDAQ:KPLT) Q4 2023 Earnings Call Transcript

March 16, 2024 | uk.investing.com

Earnings call: Katapult Holdings reports strong Q4 growth, eyes 2024 expansion

March 16, 2024 | seekingalpha.com

Katapult Holdings (KPLT) Q4 2023 Earnings Call Transcript

March 15, 2024 | finance.yahoo.com

Katapult Holdings Full Year 2023 Earnings: EPS Misses Expectations

March 14, 2024 | msn.com

Katapult Holdings reports mixed Q4 results; initiates Q1 and FY24 outlook

March 14, 2024 | globenewswire.com

Katapult Grows Fourth Quarter Gross Originations by 13% Year-Over-Year; Second Highest Gross Originations Volume in Company History

March 13, 2024 | benzinga.com

Earnings Preview: Katapult Holdings

March 5, 2024 | globenewswire.com

Katapult to Announce Fourth Quarter and Full Year 2023 Financial Results on March 14, 2024

February 1, 2024 | finance.yahoo.com

Katapult Announces Double-Digit Preliminary Gross Originations and Revenue Growth for Fourth Quarter 2023

December 29, 2023 | msn.com

SWVL, KPLT among major tech gainers; GMM, SOS among losers

November 29, 2023 | finance.yahoo.com

Grown Brilliance Integrates Katapult to Help Qualified Consumers Acquire High-Quality Diamond Jewelry

November 19, 2023 | seekingalpha.com

KPLT Katapult Holdings, Inc.

November 16, 2023 | benzinga.com

Katapult Holdings Stock (NASDAQ:KPLT) Dividends: History, Yield and Dates

November 14, 2023 | benzinga.com

Katapult Holdings Insider Trades Send a Signal

November 9, 2023 | finance.yahoo.com

Katapult Holdings, Inc. (NASDAQ:KPLT) Q3 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:KPLT
CUSIP: N/A
CIK: 1785424
Web: katapult.com
Phone: 833-528-2785
Fax: N/A
Employees: 120
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.00
High Stock Price Target: $20.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +133.1%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($8.99)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-37,030,000.00
Net Margins: -16.66%
Pretax Margin: -14.41%
Return on Equity: -6,063.05%
Return on Assets: -35.30%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.25
Quick Ratio: 5.25

Sales & Book Value

Annual Sales: $222.21 million
Price / Sales: 0.16
Cash Flow: $20.43 per share
Price / Cash Flow: 0.42
Book Value: $1.81 per share
Price / Book: 4.74

Miscellaneous

Outstanding Shares: 4,070,000
Free Float: 2,191,000
Market Cap: $34.92 million
Optionable: No Data
Beta: 1.79

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Key Executives

Mr. Orlando J. Zayas (Age 62)
CEO, President & Director
Comp: $1.03M
Mr. Derek Medlin (Age 40)
Chief Operating Officer
Comp: $634k
Mr. Chandan Chopra (Age 48)
Chief Technology Officer
Comp: $421.62k
Ms. Nancy A. Walsh (Age 63)
Chief Financial Officer
Mr. Christopher Towers B.Sc. (Age 37)
C.P.A., Chief Accounting Officer
Bill Wright
Vice President of Investor Relations
Ms. Tahmineh Maloney (Age 49)
General Counsel, Head of Compliance & Secretary
Ms. Colleen Gorsky
Chief Marketing Officer
Mr. Jorge Diaz
Chief Human Resources Officer
Mr. Devjit Basu
Head of Product

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

KPLT Stock Analysis - Frequently Asked Questions

What is Katapult's stock price target for 2024?: 0 brokers have issued 12 month price objectives for Katapult's stock. Their KPLT share price targets range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 130.7% from the stock's current price.
View analysts price targets for KPLT or view top-rated stocks among Wall Street analysts.
How have KPLT shares performed in 2024?: Katapult's stock was trading at $10.89 at the beginning of 2024. Since then, KPLT stock has decreased by 20.4% and is now trading at $8.67.
View the best growth stocks for 2024 here.
Are investors shorting Katapult?: Katapult saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 65,500 shares, a decrease of 6.4% from the March 15th total of 70,000 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.9% of the company's shares are sold short.
View Katapult's Short Interest.
When is Katapult's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our KPLT earnings forecast.

How were Katapult's earnings last quarter?: Katapult Holdings, Inc. (NASDAQ:KPLT) issued its quarterly earnings data on Thursday, March, 14th. The company reported ($4.46) EPS for the quarter. The business earned $56.71 million during the quarter. Katapult had a negative trailing twelve-month return on equity of 6,063.05% and a negative net margin of 16.66%.
When did Katapult's stock split?: Shares of Katapult reverse split on Friday, July 28th 2023. The 1-25 reverse split was announced on Friday, July 28th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 28th 2023. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.
What guidance has Katapult issued on next quarter's earnings?: Katapult issued an update on its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $62.4 million-$63.5 million, compared to the consensus revenue estimate of $61.9 million.
How do I buy shares of Katapult?: Shares of KPLT 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.

This page (NASDAQ:KPLT) was last updated on 4/18/2024 by MarketBeat.com Staff

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Katapult (KPLT) Stock Price, News & Analysis

Katapult MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Katapult Stock (NASDAQ:KPLT)

KPLT Stock Price History

KPLT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

KPLT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™