Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $13.16 in the prior trading day, LendingClub Corp (NYSE: LC) closed at $13.15, down -0.08%. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 2.59 million shares were traded.
Ratios:
Our goal is to gain a better understanding of LC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 25, 2024, Maxim Group reiterated its Buy rating and also lowered its target price recommendation from $16 to $19.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on October 10, 2024, whereas the target price for the stock was revised from $11.50 to $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 06 ’25 when Sanborn Scott sold 17,000 shares for $13.76 per share. The transaction valued at 233,937 led to the insider holds 1,295,184 shares of the business.
Selleck Erin sold 703 shares of LC for $9,287 on Feb 05 ’25. The Director now owns 71,597 shares after completing the transaction at $13.21 per share. On Feb 03 ’25, another insider, ZEISSER MICHAEL P, who serves as the Director of the company, bought 20,000 shares for $12.88 each. As a result, the insider paid 257,600 and bolstered with 148,018 shares of the company.
Valuation Measures:
As of this moment, LendingClub’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.91, and their Forward P/E ratio for the next fiscal year is 9.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 1.11.
Stock Price History:
Over the past 52 weeks, LC has reached a high of $18.75, while it has fallen to a 52-week low of $7.48. The 50-Day Moving Average of the stock is -16.21%, while the 200-Day Moving Average is calculated to be 7.72%.
Shares Statistics:
A total of 113.38M shares are outstanding, with a floating share count of 108.24M. Insiders hold about 3.70% of the company’s shares, while institutions hold 78.70% stake in the company.
