On Tuesday, LoanDepot Inc (NYSE: LDI) opened higher 3.37% from the last session, before settling in for the closing price of $2.08. Price fluctuations for LDI have ranged from $1.35 to $3.71 over the past 52 weeks.
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Annual sales at Financial sector company grew by 19.19% over the past five years. Company’s average yearly earnings per share was noted 32.74% at the time writing. With a float of $64.89 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 Updates
A key investor’s attitude towards the stock of the Mortgage Finance industry is another important factor to consider. The insider ownership of LoanDepot Inc is 65.77%, while institutional ownership is 13.57%. The most recent insider transaction that took place on Oct 31 ’24, was worth 539,209. In this transaction Director of this company sold 255,428 shares at a rate of $2.11, taking the stock ownership to the 7,672,258 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Director sold 192,298 for $2.08, making the entire transaction worth $400,153. This insider now owns 7,479,960 shares in total.
LoanDepot Inc (LDI) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.08 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.08) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.74% per share during the next fiscal year.
LoanDepot Inc (NYSE: LDI) Trading Performance Indicators
Check out the current performance indicators for LoanDepot Inc (LDI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.19 in one year’s time.
Technical Analysis of LoanDepot Inc (LDI)
LoanDepot Inc (NYSE: LDI) saw its 5-day average volume 0.72 million, a positive change from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 28.94%. Additionally, its Average True Range was 0.13.
During the past 100 days, LoanDepot Inc’s (LDI) raw stochastic average was set at 36.95%, which indicates a significant decrease from 41.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.70% in the past 14 days, which was lower than the 75.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.44, while its 200-day Moving Average is $2.33. Nevertheless, the first resistance level for the watch stands at $2.20 in the near term. At $2.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.34. If the price goes on to break the first support level at $2.07, it is likely to go to the next support level at $1.98. Assuming the price breaks the second support level, the third support level stands at $1.93.
LoanDepot Inc (NYSE: LDI) Key Stats
There are currently 325,154K shares outstanding in the company with a market cap of 708.50 million. Presently, the company’s annual sales total 974,020 K according to its annual income of -110,140 K. Last quarter, the company’s sales amounted to 265,390 K and its income totaled -32,210 K.
