Lendingclub Corp (NYSE:LC) shares traded during most recent session to reach at the closing price of $3.81. The stock exchanged hands on average of 3.54 Million shares, yielding a market cap of $1.63 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $5.04 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Lendingclub Corp (NYSE:LC) high price target of $7 and with a conservative view have low price target of $3.5.
Citigroup “Maintained” Lendingclub Corp (NYSE:LC) in a research note issued to investors on 8/08/18 to Neutral with price target of $4.3.
Additionally on 7/30/18 Citigroup “Maintained” Lendingclub Corp (NYSE:LC) to Neutral setting price target at $4.2 and on 7/19/18 Morgan Stanley “Downgrades” the stock to Equal-Weight at $0. Furthermore on 5/09/18 Credit Suisse “Maintained” the stock to Neutral at $5.
On the other hand the company has Relative Strength Index (RSI 14) of 55.77 along with Average True Range (ATR 14) of 0.14, Consequently Lendingclub Corp (NYSE:LC)’s weekly and monthly volatility is 3.20%, 3.83% respectively. The company’s beta value is at 1.29.
In terms of Buy, Sell or Hold recommendations, Lendingclub Corp (NYSE:LC) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Lendingclub Corp (NYSE:LC)’s minimum EPS for the current quarter is at $0.02 and can go high up to $0.03. The consensus mean EPS for the current quarter is at $0.02 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.03 earnings per share for the same quarter during last year.
Previously Lendingclub Corp (NYSE:LC) reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The company posted an earnings surprise of 50%.
Lendingclub Corp (NYSE:LC)’s revenue estimates for the current quarter are $182.11 Million according to 12 number of analysts, for the current quarter the company has high revenue estimates of $185.18 Million in contradiction of low revenue estimates of $178.56 Million. For the current year the company’s revenue estimates are $694.93 Million compared to low analyst estimates of $687.5 Million and high estimates of $705.2 Million according to 14 number of analysts.
Currently Lendingclub Corp (NYSE:LC)’s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 88.9%. However the six-month change in the insider ownership was recorded -2.35%, as well as three-month change in the institutional ownership was recorded 0.02%.
Lendingclub Corp (NYSE:LC)’s trailing twelve month revenues are $1.11 Billion, whereas its price to sales ratio for the same period is 1.46. Its book value per share for the most recent quarter is $2.07 while its price to book ratio for the same period is 1.84, as for as the company’s cash per share for the most recent quarter is $1.02, however its price to cash per share ratio for the same period is 3.75. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.