Featured Stock Overview: LendingClub Corporation (NYSE:LC)

LendingClub Corporation (NYSE:LC)

Citigroup Maintains LendingClub Corporation (NYSE:LC)’s stock to Neutral with the price target of $4.3. This rating was issued on 8/08/18. The stock recently closed its previous session at $3.6 by showing a percentage change of 5.57% from its previous day closing price of $3.41.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on LendingClub Corporation (NYSE:LC) in which Citigroup Maintains LendingClub Corporation (NYSE:LC) to Neutral by settling a price target of $4.2 on 7/30/18. Morgan Stanley Downgrades the stock to Equal-Weight on 7/19/18 with no specific Price Target. Credit Suisse Maintains the company’s stock to Neutral on 5/09/18 by setting a price target of $5. UBS Initiates Coverage On LendingClub Corporation (NYSE:LC) to Neutral with a price target of $4.

LendingClub Corporation (NYSE:LC) currently has a consensus Price Target of $5.04. While some analysts have a High Price target for the stock of $7 and a Low Price Target of $3.5.

Several sell side analysts reviewed their recommendations on LendingClub Corporation (NYSE:LC) where 2 analyst have rated the stock as Strong Buy, 3 analysts said it’s a Buy, 11 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.42. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, LendingClub Corporation (NYSE:LC) reported its Actual EPS of $0.03/share. The analysts offering Earnings Estimates for the company were believing that LendingClub Corporation (NYSE:LC) could bring EPS of $0.02/share. The difference between Actual EPS and Estimated EPS was 0.01 Percent. Thus the company showed an Earnings Surprise of 50 Percent.

LendingClub Corporation (NYSE:LC) has a market capitalization of 1.52 Billion. The stock traded with the volume of 2.07 Million shares in the last trading session. The stock touched its high share price of $6.53 on 10/18/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 05/01/18 as $2.57. The company has a 1 Year high price target of $5.04. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -2.6%. The Moving Average SMA50 is -2.79% while SMA200 is -2.98%.

LendingClub Corporation (NYSE:LC) is currently showing its ROA (Return on Assets) of -4.3%. The Return on Investment (ROI) is at -4.9% while it’s Return on Equity (ROE) value stands at -20.6%. The stock currently shows its YTD (Year to Date) performance of -12.83 percent while its Weekly performance value is -5.51%. The Monthly and Yearly performances are 6.51 percent and -43.04 percent respectively. The Relative Volume value measured for LendingClub Corporation (NYSE:LC) is 0.58. The Average Volume (3 months) is 3.54 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. LC has P/E (Price to Earnings ttm) value of 0, Forward P/E of 18.95, P/C (Price to cash per share) of 3.52 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of -17.1 percent.

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.