On Deck Capital (ONDK) Receives Daily Media Sentiment Rating of 0.07

Media headlines about On Deck Capital (NYSE:ONDK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. On Deck Capital earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the credit services provider an impact score of 45.876754805488 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Shares of On Deck Capital (NYSE:ONDK) opened at $5.95 on Wednesday. The company has a debt-to-equity ratio of 2.78, a quick ratio of 26.96 and a current ratio of 26.95. The company has a market capitalization of $422.67, a price-to-earnings ratio of -8.15 and a beta of 2.41. On Deck Capital has a 1-year low of $3.29 and a 1-year high of $6.36.

On Deck Capital (NYSE:ONDK) last announced its earnings results on Monday, November 6th. The credit services provider reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.04). The business had revenue of $83.67 million for the quarter, compared to the consensus estimate of $84.49 million. On Deck Capital had a negative return on equity of 20.13% and a negative net margin of 15.21%. On Deck Capital’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.18) EPS. research analysts expect that On Deck Capital will post -0.22 EPS for the current fiscal year.

Several research firms have issued reports on ONDK. Zacks Investment Research upgraded On Deck Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. Canaccord Genuity restated a “hold” rating and set a $5.00 target price on shares of On Deck Capital in a report on Sunday, October 1st. BidaskClub cut On Deck Capital from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Stifel Nicolaus increased their target price on On Deck Capital from $5.00 to $5.50 and gave the stock a “hold” rating in a report on Tuesday, November 7th. Finally, BTIG Research restated a “hold” rating on shares of On Deck Capital in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $5.20.

In other news, CEO Noah Breslow purchased 12,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were acquired at an average price of $4.94 per share, for a total transaction of $59,280.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 25.40% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for On Deck Capital (NYSE:ONDK)

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