On Monday, LendingClub Corp (NYSE: LC) opened higher 4.71% from the last session, before settling in for the closing price of $13.59. Price fluctuations for LC have ranged from $4.73 to $15.52 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 8.06% annually for the last half of the decade. Company’s average yearly earnings per share was noted 28.06% at the time writing. With a float of $107.65 million, this company’s outstanding shares have now reached $110.41 million.
In an organization with 1025 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 68.91%, operating margin of 14.99%, and the pretax margin is 5.24%.
LendingClub Corp (LC) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of LendingClub Corp is 3.72%, while institutional ownership is 76.02%. The most recent insider transaction that took place on Oct 03 ’24, was worth 188,533. In this transaction CEO of this company sold 17,000 shares at a rate of $11.09, taking the stock ownership to the 1,356,273 shares. Before that another transaction happened on Sep 05 ’24, when Company’s CEO sold 17,000 for $11.36, making the entire transaction worth $193,146. This insider now owns 1,373,273 shares in total.
LendingClub Corp (LC) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.09 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.01) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.06% per share during the next fiscal year.
LendingClub Corp (NYSE: LC) Trading Performance Indicators
Check out the current performance indicators for LendingClub Corp (LC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.46, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.84 in one year’s time.
Technical Analysis of LendingClub Corp (LC)
Let’s dig in a bit further. During the last 5-days, its volume was 3.41 million. That was better than the volume of 1.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.56%. Additionally, its Average True Range was 0.72.
During the past 100 days, LendingClub Corp’s (LC) raw stochastic average was set at 83.32%, which indicates a significant increase from 68.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.90% in the past 14 days, which was higher than the 51.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.73, while its 200-day Moving Average is $9.56. However, in the short run, LendingClub Corp’s stock first resistance to watch stands at $14.65. Second resistance stands at $15.06. The third major resistance level sits at $15.54. If the price goes on to break the first support level at $13.76, it is likely to go to the next support level at $13.28. The third support level lies at $12.87 if the price breaches the second support level.
LendingClub Corp (NYSE: LC) Key Stats
There are currently 111,120K shares outstanding in the company with a market cap of 1.59 billion. Presently, the company’s annual sales total 1,135 M according to its annual income of 38,940 K. Last quarter, the company’s sales amounted to 201,880 K and its income totaled 14,460 K.
