LendingClub Corp (LC) concluded trading on Wednesday at a closing price of $14.42, with 11.14 million shares of worth about $160.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 29.56% during that period and on January 29, 2025 the price saw a loss of about -14.32%. Currently the company’s common shares owned by public are about 113.38M shares, out of which, 108.26M shares are available for trading.
Stock saw a price change of -15.62% in past 5 days and over the past one month there was a price change of -16.50%. Year-to-date (YTD), LC shares are showing a performance of -10.93% which increased to 62.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.48 but also hit the highest price of $18.75 during that period. The average intraday trading volume for LendingClub Corp shares is 1.80 million. The stock is currently trading -11.62% below its 20-day simple moving average (SMA20), while that difference is down -11.16% for SMA50 and it goes to 21.09% higher than SMA200.
LendingClub Corp (NYSE: LC) currently have 113.38M outstanding shares and institutions hold larger chunk of about 74.40% of that.
The stock has a current market capitalization of $1.62B and its 3Y-monthly beta is at 2.03. PE ratio of stock for trailing 12 months is 31.71, while it has posted earnings per share of $0.45 in the same period. It has a debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LC, volatility over the week remained 4.36% while standing at 4.08% over the month.
Stock’s fiscal year EPS is expected to rise by 81.56% while it is estimated to increase by 63.06% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on December 02, 2024 offering a Neutral rating for the stock and assigned a target price of $17 to it. Coverage by Maxim Group stated LendingClub Corp (LC) stock as a Buy in their note to investors on October 25, 2024, suggesting a price target of $19 for the stock. On October 10, 2024, Keefe Bruyette Upgrade their recommendations, while on June 07, 2024, BTIG Research Initiated their ratings for the stock with a price target of $12. Stock get an Overweight rating from Piper Sandler on November 28, 2023.
