Currently, LoanDepot Inc [LDI] is trading at $2.11, down -0.94%. 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 4.46% over the last week, with a monthly amount drifted -25.44%, 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.
This stock has fluctuated between a low of $1.14 and a high of $3.71 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. LoanDepot Inc [NYSE: LDI] shares were valued at $2.11 at the most recent close of the market. An investor can expect a potential return of 184.36% based on the average LDI price forecast.
Analyzing the LDI fundamentals
Trailing Twelve Months sales for LoanDepot Inc [NYSE:LDI] were 1.01B which represents 7.16% growth. Gross Profit Margin for this corporation currently stands at 1.09% with Operating Profit Margin at 0.18%, 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 -0.25 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 14.23.
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 2.06 points at the first support level, and at 2.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.15, and for the 2nd resistance point, it is at 2.18.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 1.31.
Transactions by insiders
Recent insider trading involved Hsieh Anthony Li, Director, that happened on Oct 14 ’24 when 0.47 million shares were purchased. Director, Hsieh Anthony Li completed a deal on Oct 14 ’24 to sell 0.24 million shares. Meanwhile, Director Hsieh Anthony Li sold 0.21 million shares on Oct 15 ’24.
