Heres Why Upwork Inc. Is Among The Stocks Targeted By Activist Hedge Funds
| UPWK Stock | USD 16.02 0.87 5.15% |
About 61% of Upwork's investor base is looking to short. The analysis of overall sentiment of trading Upwork Inc stock suggests that many investors are alarmed at this time. Upwork's investing sentiment shows overall attitude of investors towards Upwork Inc.
Upwork |
We recently compiled a list of the 15 Stocks Targeted By Activist Hedge Funds. In this article, we are going to take a look at where Upwork Inc. stands against the other stocks targeted by activist hedge funds. Shareholder activism continued at a record pace in 2024 as activist hedge funds pushed for strategic changes
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Upwork Fundamental Analysis
We analyze Upwork's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Upwork using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Upwork based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Upwork is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Upwork Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Upwork stock to make a market-neutral strategy. Peer analysis of Upwork could also be used in its relative valuation, which is a method of valuing Upwork by comparing valuation metrics with similar companies.
Peers
Upwork Related Equities
| NSP | Insperity | 4.76 | ||||
| TNET | TriNet | 3.72 | ||||
| HQI | Hirequest | 3.48 | ||||
| KELYA | Kelly Services | 2.99 | ||||
| MAN | ManpowerGroup | 2.02 | ||||
| KFRC | Kforce | 1.08 | ||||
| HSII | Heidrick Struggles | 0.78 | ||||
| KFY | Korn Ferry | 0.66 | ||||
| RHI | Robert Half | 0.54 | ||||
| TBI | TrueBlue | 0.38 | ||||
| PAYX | Paychex | 0.43 |
Check out Upwork Hype Analysis, Upwork Correlation and Upwork Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Upwork. If investors know Upwork will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Upwork listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Upwork Inc is measured differently than its book value, which is the value of Upwork that is recorded on the company's balance sheet. Investors also form their own opinion of Upwork's value that differs from its market value or its book value, called intrinsic value, which is Upwork's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Upwork's market value can be influenced by many factors that don't directly affect Upwork's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upwork's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.