For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of LendingClub Corp (NYSE: LC) was $17.23 for the day, down -1.60% from the previous closing price of $17.51. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1.43 million shares were traded. LC stock price reached its highest trading level at $17.85 during the session, while it also had its lowest trading level at $17.11.
Ratios:
Our analysis of LC’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 02 ’25 when Sanborn Scott sold 17,000 shares for $16.12 per share. The transaction valued at 274,032 led to the insider holds 1,312,184 shares of the business.
Sanborn Scott sold 17,000 shares of LC for $269,217 on Dec 05 ’24. The CEO now owns 1,329,184 shares after completing the transaction at $15.84 per share. On Dec 05 ’24, another insider, SCOTT SANBORN, who serves as the Director of the company, bought 51,000 shares for $15.88 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 1936686464 and an Enterprise Value of 951880256. As of this moment, LendingClub’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.17, and their Forward P/E ratio for the next fiscal year is 20.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 0.859 whereas that against EBITDA is 7.935.
Stock Price History:
The Beta on a monthly basis for LC is 2.03, which has changed by 1.0080276 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. 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 9.44%, while the 200-Day Moving Average is calculated to be 51.98%.
Shares Statistics:
LC traded an average of 1.90M shares per day over the past three months and 1464410 shares per day over the past ten days. A total of 112.40M shares are outstanding, with a floating share count of 108.25M. Insiders hold about 3.70% of the company’s shares, while institutions hold 74.81% stake in the company. Shares short for LC as of 1734048000 were 4362615 with a Short Ratio of 2.30, compared to 1731628800 on 3881288. Therefore, it implies a Short% of Shares Outstanding of 4362615 and a Short% of Float of 4.4499997.
