On Deck Capital (NYSE:ONDK) was upgraded by Zacks Investment Research from a “maintain” score to a “purchase” score in a analysis word issued to buyers on Tuesday, Zacks.com studies. The agency presently has a $5.00 worth goal on the credit score providers supplier’s inventory. Zacks Investment Research‘s worth goal would recommend a possible upside of 15.47% from the inventory’s earlier shut.
Based on Zacks, “On Deck Capital, Inc. is an on-line platform that makes use of an enormous information, analytic mannequin to supply, underwrite, and fund loans to small companies. The Firm provides on-line instruments and assets together with information aggregation and digital cost expertise, and to guage the well being of small companies. It’s small enterprise loans embody dental loans, restaurant loans, medical financing, restaurant financing, quick small enterprise loans, quick small enterprise financing, on-line small enterprise loans, on-line functions for small enterprise loans, small enterprise loans on-line, retail capital, quick small enterprise financing, short-term enterprise loans, enterprise tools financing, small enterprise tools financing and service provider money advance. On Deck Capital Inc. relies in United States. “
A number of different equities analysts additionally lately issued studies on ONDK. Maxim Group restated a “maintain” score on shares of On Deck Capital in a analysis word on Wednesday, July 31st. Morgan Stanley upgraded shares of On Deck Capital from an “underweight” score to an “equal” score and decreased their worth goal for the corporate from $four.00 to $three.50 in a analysis word on Wednesday, August 21st. BTIG Analysis upgraded shares of On Deck Capital from a “impartial” score to a “purchase” score and set a $four.25 worth goal for the corporate in a analysis word on Tuesday, July 30th. ValuEngine upgraded shares of On Deck Capital from a “promote” score to a “maintain” score in a analysis word on Wednesday, October 2nd. Lastly, UBS Group downgraded shares of On Deck Capital from a “purchase” score to a “impartial” score and decreased their worth goal for the corporate from $7.00 to $four.00 in a analysis word on Thursday, August 1st. 4 analysis analysts have rated the inventory with a maintain score and three have issued a purchase score to the corporate. On Deck Capital presently has a mean score of “Maintain” and a mean goal worth of $5.13.
NYSE ONDK traded down $zero.02 throughout buying and selling hours on Tuesday, hitting $four.33. The corporate had a buying and selling quantity of 298,925 shares, in comparison with its common quantity of 460,689. The corporate has a debt-to-equity ratio of two.74, a fast ratio of 16.50 and a present ratio of 16.50. On Deck Capital has a 1-year low of $2.88 and a 1-year excessive of $eight.16. The corporate has a market cap of $311.83 million, a PE ratio of 10.07 and a beta of 1.93. The enterprise has a 50 day shifting common of $three.88 and a 200-day shifting common of $three.94.
On Deck Capital (NYSE:ONDK) final launched its quarterly earnings information on Thursday, October 24th. The credit score providers supplier reported $zero.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $zero.04 by $zero.06. On Deck Capital had a web margin of seven.43% and a return on fairness of 9.25%. The corporate had income of $112.55 million through the quarter, in comparison with the consensus estimate of $110.37 million. Throughout the identical quarter within the prior yr, the agency posted $zero.16 earnings per share. On Deck Capital’s income for the quarter was up 9.four% on a year-over-year foundation. Promote-side analysts count on that On Deck Capital will publish zero.27 earnings per share for the present fiscal yr.
Massive buyers have lately made modifications to their positions within the firm. Quantamental Applied sciences LLC bought a brand new stake in shares of On Deck Capital within the second quarter valued at about $28,000. Janney Montgomery Scott LLC bought a brand new stake in shares of On Deck Capital within the third quarter valued at about $34,000. Alpine Woods Capital Buyers LLC bought a brand new stake in shares of On Deck Capital within the second quarter valued at about $42,000. Marshall Wace LLP bought a brand new stake in shares of On Deck Capital within the first quarter valued at about $42,000. Lastly, Paloma Companions Administration Co bought a brand new stake in shares of On Deck Capital within the second quarter valued at about $46,000. 72.55% of the inventory is owned by institutional buyers and hedge funds.
About On Deck Capital
On Deck Capital, Inc operates an internet platform for small enterprise lending in america, Canada, and Australia. It provides time period loans and contours of credit score. The corporate additionally offers expertise and providers platform that facilitates on-line lending to small enterprise clients for banks. It distributes its merchandise by way of direct advertising channel, strategic companions, and funding advisors.
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