Brokers Opinions on: LendingClub Corporation (NYSE:LC)

LendingClub Corporation (NYSE:LC) belonging to the Finance sector has declined -4.14% and closed its last trading session at $5.79.

The company reported its last EPS on 9/30/2016 and is expected to report its next EPS on Nov 01 AMC. Currently, the stock has a 1 Year Price Target of $7.04.

The consensus recommendation, according to Zacks Investment research, is 3.18. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.18 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.18 and 3.36 respectively.

LendingClub Corporation on 9/30/2016 reported its EPS as $-0.09 with the analysts projecting the EPS of the stock as $-0.02. The company beat the analyst EPS Estimate with the difference of $-0.07. This shows a surprise factor of -350%.

Many analysts have provided their estimated foresights on LendingClub Corporation Earnings, with 16 analysts believing the company would generate an Average Estimate of $-0.07. Whereas they predicted High and Low Earnings Estimate as $-0.04 and $-0.11 respectively. While in the same Quarter Previous year, the Actual EPS was $0.04.

Analysts are also projecting an Average Revenue Estimate for LendingClub Corporation as $103.05 Million in the Current Quarter. This estimate is provided by 14 analysts. The High Revenue estimate is predicted as 110.2 Million, while the Low Revenue Estimate prediction stands at 99.7 Million. The company’s last year sales total was 116.28 Million.

The Company got Initiated by Wedbush on 11-Oct-16 to Underperform.

Insider Trades for LendingClub Corporation show that the latest trade was made on 25 Sep 2016 where Casey (Thomas W), the Chief Financial Officer completed a transaction type “Buy” in which 220950 shares were traded at a price of $0.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 50000 shares were traded. 15 Insider Sales transactions were made totaling 1056840 shares traded.

15 analysts projected Price Targets for LendingClub Corporation. The analysts believe that the company stock price could grow as high as $23.3. The Low Price target projection by analysts is $3 and the Mean Price Target is $7.04.

LendingClub Corporation (NYSE:LC) has the market capitalization of $2.3 Billion. The company rocked its 52-Week High of $15 on Nov 3, 2015 and touched its 52-Week Low of $3.44 on May 17, 2016. The stock has Return on Assets (ROA) of -1.3 percent. Return on Equity (ROE) stands at -7% and Return on Investment (ROI) of -0.1 percent.

The stock is currently showing YTD performance of -47.6 Percent. The company has Beta Value of 0 and ATR value of 0.23. The Weekly and Monthly Volatility stands at 2.64% and 4.16%.

Company profile:

LendingClub Corporation provides internet financial services. The Company offers online marketplace for loan approval, pricing, servicing and support operations as well as regulatory and legal framework which connects borrowers and investors. LendingClub Corporation is headquartered in San Francisco, California.