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LoanDepot Inc (NYSE: LDI) closed the day trading at $2.14 down -9.32% from the previous closing price of $2.36. In other words, the price has decreased by -$9.32 from its previous closing price. On the day, 0.77 million shares were traded. LDI stock price reached its highest trading level at $2.33 during the session, while it also had its lowest trading level at $2.1201.
Ratios:
For a better understanding of LDI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 12.09 whereas as Long-Term Debt/Eq ratio is at 4.42.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $2.
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 Mar 20 ’24 when Binowitz Dan sold 13,900 shares for $2.34 per share. The transaction valued at 32,526 led to the insider holds 783,251 shares of the business.
Walsh Jeff Alexander sold 7,020 shares of LDI for $18,252 on Mar 05 ’24. The President, LDI Mortgage now owns 3,915,394 shares after completing the transaction at $2.60 per share. On Mar 04 ’24, another insider, Walsh Jeff Alexander, who serves as the President, LDI Mortgage of the company, sold 32,264 shares for $2.64 each. As a result, the insider received 85,213 and left with 3,922,414 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LDI now has a Market Capitalization of 769537600 and an Enterprise Value of 4959678464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 5.296.
Stock Price History:
The Beta on a monthly basis for LDI is 3.12, which has changed by 0.33749998 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, LDI has reached a high of $3.71, while it has fallen to a 52-week low of $1.14. The 50-Day Moving Average of the stock is -14.01%, while the 200-Day Moving Average is calculated to be -3.84%.
Shares Statistics:
Over the past 3-months, LDI traded about 374.94K shares per day on average, while over the past 10 days, LDI traded about 280070 shares per day. A total of 84.03M shares are outstanding, with a floating share count of 63.35M. Insiders hold about 65.15% of the company’s shares, while institutions hold 12.02% stake in the company. Shares short for LDI as of 1713139200 were 1529420 with a Short Ratio of 4.08, compared to 1710460800 on 1695540. Therefore, it implies a Short% of Shares Outstanding of 1529420 and a Short% of Float of 2.74.
Earnings Estimates
Currently, 5.0 analysts are dedicated to thoroughly evaluating and rating the performance of LoanDepot Inc (LDI) in the stock market.On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.08, while EPS last year was -$0.18. The consensus estimate for the next quarter is $0.0, with high estimates of $0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between $0.11 and -$0.05 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.26, with 5.0 analysts recommending between $0.32 and $0.15.
Revenue Estimates
4 analysts predict $231.56M in revenue for the current quarter. It ranges from a high estimate of $242M to a low estimate of $220.03M. As of the current estimate, LoanDepot Inc’s year-ago sales were $226.19MFor the next quarter, 4 analysts are estimating revenue of $290.94M. There is a high estimate of $332.7M for the next quarter, whereas the lowest estimate is $247.2M.
A total of 4 analysts have provided revenue estimates for LDI’s current fiscal year. The highest revenue estimate was $1.21B, while the lowest revenue estimate was $1.05B, resulting in an average revenue estimate of $1.12B. In the same quarter a year ago, actual revenue was $1.02BBased on 4 analysts’ estimates, the company’s revenue will be $1.34B in the next fiscal year. The high estimate is $1.38B and the low estimate is $1.3B.
