In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
LoanDepot Inc (NYSE: LDI) closed the day trading at $1.78 up 1.14% from the previous closing price of $1.76. In other words, the price has increased by $1.14 from its previous closing price. On the day, 0.54 million shares were traded. LDI stock price reached its highest trading level at $1.8 during the session, while it also had its lowest trading level at $1.685.
Ratios:
For a better understanding of LDI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 14.65 whereas as Long-Term Debt/Eq ratio is at 5.34.
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 Dec 16 ’24 when LEPORE DAWN G sold 11,161 shares for $2.11 per share. The transaction valued at 23,550 led to the insider holds 194,404 shares of the business.
Hsieh Anthony Li sold 444,618 shares of LDI for $939,033 on Dec 16 ’24. The Director now owns 2,479,960 shares after completing the transaction at $2.11 per share. On Dec 13 ’24, another insider, Hsieh Anthony Li, who serves as the Director of the company, sold 374,516 shares for $2.08 each. As a result, the insider received 779,368 and left with 2,924,578 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 582061760 and an Enterprise Value of 5130001920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 4.725.
Stock Price History:
The Beta on a monthly basis for LDI is 3.00, which has changed by -0.41333336 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, LDI has reached a high of $3.22, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -15.29%, while the 200-Day Moving Average is calculated to be -19.23%.
Shares Statistics:
Over the past 3-months, LDI traded about 855.41K shares per day on average, while over the past 10 days, LDI traded about 644580 shares per day. A total of 90.51M shares are outstanding, with a floating share count of 72.84M. Insiders hold about 62.66% of the company’s shares, while institutions hold 13.93% stake in the company. Shares short for LDI as of 1735603200 were 1774953 with a Short Ratio of 2.07, compared to 1732838400 on 1431137. Therefore, it implies a Short% of Shares Outstanding of 1774953 and a Short% of Float of 2.5799999000000002.
Earnings Estimates
The current assessment of LoanDepot Inc (LDI) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.02.
Analysts are recommending an EPS of between -$0.14 and -$0.2 for the fiscal current year, implying an average EPS of -$0.16. EPS for the following year is $0.24, with 6.0 analysts recommending between $0.26 and $0.21.
Revenue Estimates
4 analysts predict $310.08M in revenue for the current quarter. It ranges from a high estimate of $328.81M to a low estimate of $290.72M. As of the current estimate, LoanDepot Inc’s year-ago sales were $228.63MFor the next quarter, 4 analysts are estimating revenue of $312.27M. There is a high estimate of $319.4M for the next quarter, whereas the lowest estimate is $298.82M.
A total of 4 analysts have provided revenue estimates for LDI’s current fiscal year. The highest revenue estimate was $1.13B, while the lowest revenue estimate was $1.11B, resulting in an average revenue estimate of $1.12B. In the same quarter a year ago, actual revenue was $974.02MBased on 4 analysts’ estimates, the company’s revenue will be $1.37B in the next fiscal year. The high estimate is $1.49B and the low estimate is $1.26B.
