Shares of On Deck Capital Inc (NYSE:ONDK) have been assigned a consensus rating of “Hold” from the nine analysts that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $8.42.
ONDK has been the subject of several recent analyst reports. B. Riley reissued a “buy” rating and issued a $12.00 price target (down previously from $14.00) on shares of On Deck Capital in a research note on Wednesday, February 13th. ValuEngine raised On Deck Capital from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Stephens set a $6.00 price target on On Deck Capital and gave the stock a “hold” rating in a research note on Friday, May 3rd. Maxim Group cut On Deck Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, February 13th. Finally, Zacks Investment Research cut On Deck Capital from a “buy” rating to a “hold” rating in a research note on Thursday, February 14th.
Several large investors have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. boosted its stake in On Deck Capital by 217.3% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,000 shares of the credit services provider’s stock valued at $27,000 after buying an additional 3,424 shares in the last quarter. Macquarie Group Ltd. boosted its stake in On Deck Capital by 66.7% during the fourth quarter. Macquarie Group Ltd. now owns 5,500 shares of the credit services provider’s stock valued at $32,000 after buying an additional 2,200 shares in the last quarter. Quantamental Technologies LLC bought a new position in On Deck Capital during the fourth quarter valued at about $33,000. Marshall Wace LLP bought a new position in On Deck Capital during the first quarter valued at about $42,000. Finally, State Board of Administration of Florida Retirement System bought a new position in On Deck Capital during the fourth quarter valued at about $59,000. 73.45% of the stock is owned by institutional investors.
NYSE ONDK opened at $4.40 on Monday. The company has a market capitalization of $343.15 million, a price-to-earnings ratio of 10.23 and a beta of 1.79. On Deck Capital has a fifty-two week low of $4.40 and a fifty-two week high of $9.41. The company has a debt-to-equity ratio of 2.69, a current ratio of 16.87 and a quick ratio of 16.87.
On Deck Capital (NYSE:ONDK) last posted its quarterly earnings results on Thursday, May 2nd. The credit services provider reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.03. The business had revenue of $110.20 million for the quarter, compared to analyst estimates of $110.23 million. On Deck Capital had a return on equity of 12.24% and a net margin of 8.48%. The business’s revenue was up 22.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.09 EPS. As a group, sell-side analysts forecast that On Deck Capital will post 0.33 earnings per share for the current fiscal year.
On Deck Capital Company Profile
On Deck Capital, Inc operates an online platform for small business lending in the United States, Canada, and Australia. It offers term loans and lines of credit. The company also provides technology and services platform that facilitates online lending to small business customers for banks. It distributes its products through direct marketing channel, strategic partners, and funding advisors.
Recommended Story: Leveraged Buyout (LBO) Explained
Receive News & Ratings for On Deck Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On Deck Capital and related companies with MarketBeat.com's FREE daily email newsletter.