Analyst Research

Analyst Perspectives on LendingClub Corp (NYSE:LC)

LendingClub Corp (NYSE:LC) shares traded 2.39% during the most recent session the stock exchanged hands 7,280,702 shares versus average trading capacity of 6.17M shares, yielding a market cap of $2.47B. Wall Street analysts covering the stock are projecting that the stock will reach $6.66 within the next 52-weeks. The mean target projections are based on 16 opinions, the mean target was last revised on 04/19/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have LendingClub Corp (NYSE:LC) high price target of $9.00 and with a conservative view have low price target of $4.00 with a standard deviation of $1.97. If seeing target price from optimistic overview then it has a 50 percent upside potential from the latest closing price of $5.99.

LendingClub Corp (NYSE:LC) received “Upgrade” rating by Susquehanna in a research note issued to investors on May-01-17 from Neutral to Positive.

Additionally on Apr-19-17 LendingClub Corp (NYSE:LC) was “Resumed” by Stifel as Hold at $6 and on Mar-22-17 the stock was “Upgraded” by Wedbush from Underperform to Neutral from $4.50 to $5. Furthermore on Mar-16-17 the stock was “Upgraded” by Guggenheim from Neutral to Buy.

On the other hand the company has Relative Strength Index (RSI 14) of 66.57 along with Average True Range (ATR 14) of 0.17, Consequently LendingClub Corp (NYSE:LC)’s weekly and monthly volatility is 2.57%, 2.88% respectively.

In terms of Buy, Sell or Hold recommendations, LendingClub Corp (NYSE:LC) has an analysts’ mean recommendation of 2.70. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that LendingClub Corp (NYSE:LC) will report earnings of -$0.03 for the current quarter on or around 5/4/2017 After Market Close, however the company’s high EPS estimates are $-0.02 and low estimates are $-0.04. However the company reported $0.05 earnings per share for the same quarter during last year.

Previously LendingClub Corp (NYSE:LC) reported -$0.08 earnings per share (EPS) for the quarter on 2/14/2017 After Market Close, beating the consensus estimate of -$0.09 by $0.01. The company posted an earnings surprise of 11.11%.

While considering growth estimates of the company, it has next quarter growth estimates of 100.00% whereas during current quarter it has -160.00% estimations over growth, comparing to the estimations of 150.00% during current year and 320.00% for next year. For the next 5 years it has a strong prediction of -8.60% over growth.

LendingClub Corp (NYSE:LC)’s revenue estimates for the current quarter are $122.89M according to 15 number of analysts, for the current quarter the company has high revenue estimates of $138M in contradiction of low revenue estimates of $119.9M. For the current year the company’s revenue estimates are $590.62M compared to low analyst estimates of $565.12M and high estimates of $642M according 17 number of analysts.

Currently LendingClub Corp (NYSE:LC)’s shares owned by insiders are 0.70%, whereas shares owned by institutional owners are 86.10%. However the six-month change in the insider ownership was recorded -34.19%, as well as three-month change in the institutional ownership was recorded 0.29%.

LendingClub Corp (NYSE:LC) is trading -25.34% away from its 52 week high of $8.01 and +73.84% far from the stock’s low point over the past 52 weeks, which was $3.44. The stock hit its 52-week high on 05/03/16, and 52-week low on 05/17/16. The company’s trailing twelve month income is -146.00M dollars.

LendingClub Corp (NYSE:LC)’s trailing twelve month revenues are $1.19B, whereas its price to sales ratio for the same period is 2.08. Its book value per share for the most recent quarter is $2.46 while its price to book ratio for the same period is 2.43, as for as the company’s cash per share for the most recent quarter is $1.25, however its price to cash per share ratio for the same period is 4.80. The stock has a current PEG ratio of -13.93 where as its trailing twelve month P/E ratio is -15.76.

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