A share price of LendingClub Corp [LC] is currently trading at $16.65, up 1.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LC shares have gain 11.45% over the last week, with a monthly amount drifted -7.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
LendingClub Corp [NYSE: LC] stock has seen the most recent analyst activity on December 02, 2024, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $17 for it. Previously, Maxim Group reaffirmed its Buy rating on October 25, 2024, and elevated its price target to $19. On October 10, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $15 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $12 on June 07, 2024. Piper Sandler initiated its recommendation with a Overweight and recommended $8 as its price target on November 28, 2023. Jefferies started tracking with a Buy rating for this stock on June 16, 2023, and assigned it a price target of $13.50. In a note dated April 11, 2023, JP Morgan initiated an Overweight rating and provided a target price of $11 on this stock.
LendingClub Corp experienced fluctuations in its stock price throughout the past year between $7.48 and $18.75. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. LendingClub Corp [NYSE: LC] shares were valued at $16.65 at the most recent close of the market. An investor can expect a potential drop of -0.9% based on the average LC price forecast.
Analyzing the LC fundamentals
Trailing Twelve Months sales for LendingClub Corp [NYSE:LC] were 1.29B which represents 7.35% growth. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 16.50 points at the first support level, and at 16.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.80, and for the 2nd resistance point, it is at 16.95.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 1.39 and price to earnings (TTM) ratio is 35.91.
Transactions by insiders
Recent insider trading involved Sanborn Scott, CEO, that happened on Jan 02 ’25 when 17000.0 shares were sold. CEO, Sanborn Scott completed a deal on Dec 05 ’24 to sell 17000.0 shares. Meanwhile, Director SCOTT SANBORN bought 51000.0 shares on Dec 05 ’24.
