Headlines about On Deck Capital (NYSE:ONDK) have trended positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. On Deck Capital earned a news impact score of 0.31 on Accern’s scale. Accern also assigned media stories about the credit services provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- On Deck Capital, Inc. (NYSE:ONDK) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Edited Transcript of ONDK earnings conference call or presentation 7-Aug-17 12:00pm GMT (finance.yahoo.com)
- On Deck Capital, Inc. (ONDK) Issues Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
- On Deck Capital Inc : Investor Network: On Deck Capital, Inc. to Host Earnings Call (4-traders.com)
On Deck Capital (NYSE:ONDK) traded down 1.45% during trading on Friday, hitting $4.77. 466,702 shares of the stock traded hands. On Deck Capital has a 12 month low of $3.29 and a 12 month high of $6.46. The firm has a 50-day moving average price of $4.56 and a 200 day moving average price of $4.59. The firm’s market cap is $348.84 million.
On Deck Capital (NYSE:ONDK) last announced its quarterly earnings data on Monday, August 7th. The credit services provider reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.09. The firm had revenue of $86.70 million during the quarter, compared to analysts’ expectations of $88.53 million. On Deck Capital had a negative net margin of 19.20% and a negative return on equity of 24.09%. The business’s quarterly revenue was up 24.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.25) earnings per share. On average, equities analysts forecast that On Deck Capital will post ($0.02) EPS for the current fiscal year.
ONDK has been the topic of a number of recent analyst reports. Jefferies Group LLC lowered their price target on On Deck Capital from $5.40 to $5.00 and set a “hold” rating on the stock in a research report on Wednesday, May 10th. Stifel Nicolaus began coverage on On Deck Capital in a research note on Wednesday, April 19th. They set a “buy” rating and a $6.00 price objective on the stock. Zacks Investment Research cut On Deck Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. FBR & Co raised On Deck Capital from a “market perform” rating to an “outperform” rating and set a $5.00 target price on the stock in a research note on Tuesday, May 23rd. Finally, BidaskClub cut On Deck Capital from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. On Deck Capital presently has an average rating of “Hold” and an average price target of $5.68.
In other news, Director Daniel S. Henson purchased 10,000 shares of the stock in a transaction on Friday, May 26th. The stock was bought at an average price of $3.58 per share, for a total transaction of $35,800.00. Following the acquisition, the director now directly owns 70,272 shares of the company’s stock, valued at approximately $251,573.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Noah Breslow bought 14,000 shares of the stock in a transaction dated Friday, May 26th. The stock was bought at an average price of $3.57 per share, with a total value of $49,980.00. Following the acquisition, the chief executive officer now owns 213,117 shares in the company, valued at approximately $760,827.69. The disclosure for this purchase can be found here. Insiders purchased 39,000 shares of company stock valued at $139,280 in the last 90 days. Company insiders own 25.40% of the company’s stock.
On Deck Capital Company Profile
On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.
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