What to know about LoanDepot Inc (LDI)’s sales and margins

At the time of writing, LoanDepot Inc [LDI] stock is trading at $1.98, down -4.81%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LDI shares have gain 10.00% over the last week, with a monthly amount drifted -8.33%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

LoanDepot Inc [NYSE: LDI] stock has seen the most recent analyst activity on January 09, 2024, when Goldman downgraded its rating to a Sell but kept the price target unchanged to $3 for it. Previously, UBS started tracking the stock with Neutral rating on December 06, 2023, and set its price target to $2. On March 09, 2023, downgrade downgraded it’s rating to Mkt Perform. Credit Suisse downgraded its rating to a Neutral. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $3.50 on May 11, 2022. JMP Securities downgraded its rating to Mkt Perform for this stock on May 11, 2022. In a note dated May 11, 2022, Citigroup downgraded an Sell rating on this stock and revised its target price from $5 to $2.

For the past year, the stock price of LoanDepot Inc fluctuated between $1.14 and $3.71. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. LoanDepot Inc [NYSE: LDI] shares were valued at $1.98 at the most recent close of the market. An investor can expect a potential return of 203.03% based on the average LDI price forecast.

Analyzing the LDI fundamentals

According to LoanDepot Inc [NYSE:LDI], the company’s sales were 994.39M for trailing twelve months, which represents an 13.80% jump. Gross Profit Margin for this corporation currently stands at 1.06% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at -0.27%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.18 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of13.69.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.93 points at the first support level, and at 1.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.07, and for the 2nd resistance point, it is at 2.15.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.36, the price to book ratio is 1.12.

Transactions by insiders

Recent insider trading involved Martell Frank, CEO and President, that happened on Jun 07 ’24 when 25000.0 shares were purchased. Director, Hsieh Anthony Li completed a deal on Jun 04 ’24 to sell 43281.0 shares. Meanwhile, Director Hsieh Anthony Li sold 50000.0 shares on Jun 03 ’24.

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