LoanDepot Inc (NYSE: LDI) kicked off on Friday, up 2.55% from the previous trading day, before settling in for the closing price of $2.74. Over the past 52 weeks, LDI has traded in a range of $1.14-$3.71.
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Annual sales at Financial sector company grew by 19.19% over the past five years. While this was happening, its average annual earnings per share was recorded 26.21%. With a float of $62.87 million, this company’s outstanding shares have now reached $84.03 million.
Let’s look at the performance matrix of the company that is accounted for 5297 employees. In terms of profitability, gross margin is 109.14%, operating margin of 18.05%, and the pretax margin is -27.19%.
LoanDepot Inc (LDI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Mortgage Finance Industry. The insider ownership of LoanDepot Inc is 65.51%, while institutional ownership is 13.33%. The most recent insider transaction that took place on Aug 16 ’24, was worth 2,212,500. Before that another transaction happened on Jun 14 ’24, when Company’s Director sold 58,063 for $1.84, making the entire transaction worth $107,126. This insider now owns 2,279,646 shares in total.
LoanDepot Inc (LDI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.21% per share during the next fiscal year.
LoanDepot Inc (NYSE: LDI) Trading Performance Indicators
Take a look at LoanDepot Inc’s (LDI) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of LoanDepot Inc (LDI)
LoanDepot Inc (NYSE: LDI) saw its 5-day average volume 0.93 million, a positive change from its year-to-date volume of 0.47 million. As of the previous 9 days, the stock’s Stochastic%D was 86.80%. Additionally, its Average True Range was 0.21.
During the past 100 days, LoanDepot Inc’s (LDI) raw stochastic average was set at 79.38%, which indicates a significant increase from 73.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.71% in the past 14 days, which was higher than the 74.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.97, while its 200-day Moving Average is $2.28. Nevertheless, the first resistance level for the watch stands at $3.09 in the near term. At $3.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.58. If the price goes on to break the first support level at $2.59, it is likely to go to the next support level at $2.37. The third support level lies at $2.10 if the price breaches the second support level.
LoanDepot Inc (NYSE: LDI) Key Stats
The company with the Market Capitalisation of 512.15 million has total of 323,590K Shares Outstanding. Its annual sales at the moment are 974,020 K in contrast with the sum of -110,140 K annual income. Company’s last quarter sales were recorded 265,390 K and last quarter income was -32,210 K.
