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.
LendingClub Corp (NYSE: LC) closed the day trading at $11.40 down -3.80% from the previous closing price of $11.85. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 1.6 million shares were traded.
Ratios:
For a better understanding of LC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 19 ’25 when Cheng Jordan sold 7,000 shares for $14.10 per share. The transaction valued at 98,685 led to the insider holds 88,263 shares of the business.
Cheng Jordan sold 7,000 shares of LC for $97,182 on Feb 20 ’25. The General Counsel & Secretary now owns 81,263 shares after completing the transaction at $13.88 per share. On Feb 19 ’25, another insider, Selleck Erin, who serves as the Director of the company, sold 6,120 shares for $14.10 each. As a result, the insider received 86,281 and left with 65,477 shares of the company.
Valuation Measures:
As of this moment, LendingClub’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.07, and their Forward P/E ratio for the next fiscal year is 8.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.96.
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 -22.56%, while the 200-Day Moving Average is calculated to be -8.61%.
Shares Statistics:
A total of 113.38M shares are outstanding, with a floating share count of 109.45M. Insiders hold about 3.47% of the company’s shares, while institutions hold 76.90% stake in the company.
