The time has not yet come to remove your chips from the table: LendingClub Corp (LC)

With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.88 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $16.68 whereas the lowest price it dropped to was $16.19. The 52-week range on LC shows that it touched its highest point at $18.75 and its lowest point at $7.48 during that stretch. It currently has a 1-year price target of $18.15. Beta for the stock currently stands at 2.04.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LC was down-trending over the past week, with a drop of -6.13%, but this was down by -0.18% over a month. Three-month performance surged to 57.84% while six-month performance rose 102.92%. The stock gained 92.84% in the past year, while it has gained 91.08% so far this year. A look at the trailing 12-month EPS for LC yields 0.46 with Next year EPS estimates of 0.85. For the next quarter, that number is 0.09. This implies an EPS growth rate of 28.03% for this year and 85.32% for next year.

Float and Shares Shorts:

At present, 112.40 million LC shares are outstanding with a float of 108.25 million shares on hand for trading. On 2024-11-29, short shares totaled 4.06 million, which was 361.0 higher than short shares on 1730332800. In addition to Mr. Scott C. Sanborn as the firm’s CEO & Director, Mr. Andrew LaBenne serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.76445997 of LC’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LC since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LC analysts setting a high price target of 28.0 and a low target of 11.0, the average target price over the next 12 months is 18.15. Based on these targets, LC could surge 68.07% to reach the target high and fall by -33.97% to reach the target low. Reaching the average price target will result in a growth of 8.94% from current levels.

Analysts have provided yearly estimates in a range of $0.49034 being high and $0.44131 being low. For LC, this leads to a yearly average estimate of $0.46092.