With 4.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.96 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $14.39 whereas the lowest price it dropped to was $13.44. 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 $17.95. Beta for the stock currently stands at 2.01.
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 -20.83%, but this was down by -17.79% over a month. Three-month performance dropped to -4.66% while six-month performance rose 7.83%. The stock gained 54.35% in the past year, while it has lost -16.68% so far this year. A look at the trailing 12-month EPS for LC yields 0.45 with Next year EPS estimates of 1.33. For the next quarter, that number is 0.12. This implies an EPS growth rate of 79.56% for this year and 64.88% for next year.
Float and Shares Shorts:
At present, 113.38 million LC shares are outstanding with a float of 108.26 million shares on hand for trading. On 2025-01-15, short shares totaled 4.67 million, which was 415.00002 higher than short shares on 1734048000. 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 0.76462996 of LC’s outstanding shares, institutional investors have minority control over the company.
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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 20.0 and a low target of 14.0, the average target price over the next 12 months is 17.95. Based on these targets, LC could surge 48.26% to reach the target high and rise by 3.78% to reach the target low. Reaching the average price target will result in a growth of 33.06% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.49012 being high and $0.44111 being low. For LC, this leads to a yearly average estimate of $0.46071. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.19.
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