With 1.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.13 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $11.0 whereas the lowest price it dropped to was $10.68. 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 $17.72. Beta for the stock currently stands at 2.08.
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 up-trending over the past week, with a rise of 5.56%, but this was down by -17.72% over a month. Three-month performance dropped to -32.42% while six-month performance rose 0.84%. The stock gained 35.42% in the past year, while it has lost -33.17% so far this year. A look at the trailing 12-month EPS for LC yields 0.45 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.11. This implies an EPS growth rate of 70.77% for this year and 74.65% for next year.
Float and Shares Shorts:
At present, 113.38 million LC shares are outstanding with a float of 109.49 million shares on hand for trading. On 2025-02-28, short shares totaled 4.25 million, which was 374.0 higher than short shares on 1738281600. 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 0.78652 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 20.0 and a low target of 14.0, the average target price over the next 12 months is 17.65. Based on these targets, LC could surge 84.84% to reach the target high and rise by 29.39% to reach the target low. Reaching the average price target will result in a growth of 63.12% 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 $0.49043 being high and $0.44138 being low. For LC, this leads to a yearly average estimate of $0.461. 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.
