LendingClub Corp [LC] stock prices are up 1.23% to $15.68 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LC shares have gain 12.00% over the last week, with a monthly amount glided 22.79%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
LendingClub Corp [NYSE: LC] stock has seen the most recent analyst activity on October 25, 2024, when Maxim Group reiterated its Buy rating and also boosted its price target to $19 from $16. Previously, Keefe Bruyette upgraded its rating to Outperform on October 10, 2024, and elevated its price target to $15. On June 07, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $12 on the stock. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $8 on November 28, 2023. Jefferies initiated its recommendation with a Buy and recommended $13.50 as its price target on June 16, 2023. JP Morgan started tracking with a Overweight rating for this stock on April 11, 2023, and assigned it a price target of $11. In a note dated January 26, 2023, Janney downgraded an Neutral rating on this stock but restated the target price of $10.
The stock price of LendingClub Corp [LC] has been fluctuating between $5.05 and $15.72 over the past year. Currently, Wall Street analysts expect the stock to reach $15.3 within the next 12 months. LendingClub Corp [NYSE: LC] shares were valued at $15.68 at the most recent close of the market. An investor can expect a potential drop of -2.42% based on the average LC price forecast.
Analyzing the LC fundamentals
The LendingClub Corp [NYSE:LC] reported sales of 1.29B for trailing twelve months, representing a surge of 7.35%. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 15.17 points at the first support level, and at 14.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.01, and for the 2nd resistance point, it is at 16.35.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 1.31 and price to earnings (TTM) ratio is 33.82.
Transactions by insiders
Recent insider trading involved Cheng Jordan, General Counsel & Secretary, that happened on Nov 08 ’24 when 22000.0 shares were sold. CEO, Sanborn Scott completed a deal on Nov 07 ’24 to sell 17000.0 shares. Meanwhile, Officer Cheng Jordan bought 22000.0 shares on Nov 08 ’24.
