LoanDepot Inc (NYSE: LDI) on Monday, soared 8.70% from the previous trading day, before settling in for the closing price of $1.38. Within the past 52 weeks, LDI’s price has moved between $1.27 and $3.22.
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During the last 5-year period, the sales growth of Financial Sector giant was 27.42%. The company achieved an average annual earnings per share of 83.92%. With a float of $72.74 million, this company’s outstanding shares have now reached $195.10 million.
Let’s determine the extent of company efficiency that accounts for 5297 employees. In terms of profitability, gross margin is 104.77%, operating margin of 40.24%, and the pretax margin is -23.48%.
LoanDepot Inc (LDI) Insider Activity
Observing investor behavior towards Mortgage Finance industry stocks is more important than anything else. The insider ownership of LoanDepot Inc is 62.72%, while institutional ownership is 16.25%. The most recent insider transaction that took place on Dec 16 ’24, was worth 23,550. In this transaction Director of this company sold 11,161 shares at a rate of $2.11, taking the stock ownership to the 194,404 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Director sold 444,618 for $2.11, making the entire transaction worth $939,033. This insider now owns 2,479,960 shares in total.
LoanDepot Inc (LDI) Earnings and Forecasts
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 83.92% per share during the next fiscal year.
LoanDepot Inc (NYSE: LDI) Trading Performance Indicators
LoanDepot Inc (LDI) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach 0.18 in one year’s time.
Technical Analysis of LoanDepot Inc (LDI)
Looking closely at LoanDepot Inc (NYSE: LDI), its last 5-days average volume was 2.51 million, which is a jump from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 22.92%. Additionally, its Average True Range was 0.12.
During the past 100 days, LoanDepot Inc’s (LDI) raw stochastic average was set at 14.11%, which indicates a significant decrease from 35.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.66% in the past 14 days, which was higher than the 59.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6798, while its 200-day Moving Average is $2.0920. However, in the short run, LoanDepot Inc’s stock first resistance to watch stands at $1.5383. Second resistance stands at $1.5767. The third major resistance level sits at $1.6433. If the price goes on to break the first support level at $1.4333, it is likely to go to the next support level at $1.3667. Should the price break the second support level, the third support level stands at $1.3283.
LoanDepot Inc (NYSE: LDI) Key Stats
Market capitalization of the company is 500.47 million based on 327,001K outstanding shares. Right now, sales total 974,020 K and income totals -110,140 K. The company made 314,600 K in profit during its latest quarter, and 1,370 K in sales during its previous quarter.
