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The price of LendingClub Corp (NYSE: LC) closed at $15.55 in the last session, down -0.83% from day before closing price of $15.68. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 2.13 million shares were traded. LC stock price reached its highest trading level at $16.1529 during the session, while it also had its lowest trading level at $15.34.
Ratios:
We take a closer look at LC’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on October 25, 2024, Reiterated its Buy rating but revised its target price to $19 from $16 previously.
On October 10, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $11.50 to $15.
On June 07, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $12.BTIG Research initiated its Buy rating on June 07, 2024, with a $12 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 08 ’24 when Cheng Jordan sold 22,000 shares for $14.83 per share. The transaction valued at 326,181 led to the insider holds 89,385 shares of the business.
Sanborn Scott sold 17,000 shares of LC for $253,125 on Nov 07 ’24. The CEO now owns 1,339,273 shares after completing the transaction at $14.89 per share. On Nov 08 ’24, another insider, Cheng Jordan, who serves as the Officer of the company, bought 22,000 shares for $14.83 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LC now has a Market Capitalization of 1747851136 and an Enterprise Value of 763044928. As of this moment, LendingClub’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.54, and their Forward P/E ratio for the next fiscal year is 18.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 0.689 whereas that against EBITDA is 6.361.
Stock Price History:
Over the past 52 weeks, LC has reached a high of $15.84, while it has fallen to a 52-week low of $5.05. The 50-Day Moving Average of the stock is 25.04%, while the 200-Day Moving Average is calculated to be 56.39%.
Shares Statistics:
According to the various share statistics, LC traded on average about 1.57M shares per day over the past 3-months and 2386410 shares per day over the past 10 days. A total of 110.41M shares are outstanding, with a floating share count of 108.24M. Insiders hold about 3.71% of the company’s shares, while institutions hold 74.34% stake in the company. Shares short for LC as of 1730332800 were 3497784 with a Short Ratio of 2.23, compared to 1727654400 on 3615628. Therefore, it implies a Short% of Shares Outstanding of 3497784 and a Short% of Float of 3.5700000000000003.
