After finishing at $2.61 in the prior trading day, LoanDepot Inc (NYSE: LDI) closed at $2.51, down -3.83%. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 530114 shares were traded. LDI stock price reached its highest trading level at $2.6499 during the session, while it also had its lowest trading level at $2.4900.
Ratios:
Our goal is to gain a better understanding of LDI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.13. In the meantime, Its Debt-to-Equity ratio is 10.97 whereas as Long-Term Debt/Eq ratio is at 5.40.
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 Feb 05 when Walsh Jeff Alexander sold 39,284 shares for $2.63 per share. The transaction valued at 103,281 led to the insider holds 3,954,678 shares of the business.
Walsh Jeff Alexander sold 82,141 shares of LDI for $248,066 on Jan 09. The President, LDI Mortgage now owns 3,993,962 shares after completing the transaction at $3.02 per share. On Dec 22, another insider, Walsh Jeff Alexander, who serves as the President, LDI Mortgage of the company, sold 59,352 shares for $3.31 each. As a result, the insider received 196,455 and left with 4,076,103 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 448.25M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.17.
Stock Price History:
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 2.8754, while the 200-Day Moving Average is calculated to be 2.1428.
Shares Statistics:
The stock has traded on average 640.23K shares per day over the past 3-months and 336.85k shares per day over the last 10 days, according to various share statistics. A total of 72.50M shares are outstanding, with a floating share count of 60.24M. Insiders hold about 66.27% of the company’s shares, while institutions hold 12.29% stake in the company. Shares short for LDI as of Feb 15, 2024 were 1.91M with a Short Ratio of 2.98, compared to 1.74M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.07% and a Short% of Float of 3.32%.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.12, while EPS last year was -$0.35. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.01 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.43 and -$0.5 for the fiscal current year, implying an average EPS of -$0.46. EPS for the following year is $0.06, with 5 analysts recommending between $0.22 and -$0.05.
Revenue Estimates
5 analysts predict $236.76M in revenue for the current quarter. It ranges from a high estimate of $251M to a low estimate of $223.6M. As of the current estimate, LoanDepot Inc’s year-ago sales were $188.5M, an estimated increase of 25.60% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $247.35M, an increase of 9.40% less than the figure of $25.60% in the same quarter last year. There is a high estimate of $266.42M for the next quarter, whereas the lowest estimate is $228.67M.
A total of 3 analysts have provided revenue estimates for LDI’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $989M, resulting in an average revenue estimate of $1B. In the same quarter a year ago, actual revenue was $1.22B, down -17.60% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.23B and the low estimate is $1.12B. The average revenue growth estimate for next year is up 15.80% from the average revenue estimate for this year.
