On Deck Capital (ONDK) Earns Media Sentiment Score of 0.06
News headlines about On Deck Capital (NYSE:ONDK) have trended somewhat positive this week, according to AlphaOne Sentiment Analysis. The research group, a unit of Accern, rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. AlphaOne ranks coverage of 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 0.06 on AlphaOne’s scale. AlphaOne also assigned media coverage about the credit services provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted AlphaOne’s scoring:
- Peer-to-Peer Lending Startup Earnest Said to Look for a Buyer (bloomberg.com)
- ETFs with exposure to On Deck Capital, Inc. : May 15, 2017 (finance.yahoo.com)
- On Deck Capital Inc (ONDK) Upgraded by Zacks Investment Research to Buy (americanbankingnews.com)
- On Deck Capital Inc (ONDK) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- On Deck Capital, Inc. :ONDK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017 (finance.yahoo.com)
ONDK has been the subject of several research reports. Zacks Investment Research upgraded On Deck Capital from a “hold” rating to a “buy” rating and set a $5.75 target price for the company in a research note on Thursday, February 23rd. Stifel Nicolaus initiated coverage on On Deck Capital in a research note on Wednesday, April 19th. They set a “buy” rating and a $6.00 price target for the company. FBR & Co reiterated a “hold” rating on shares of On Deck Capital in a research note on Friday, March 24th. Canaccord Genuity reiterated a “hold” rating and set a $6.00 price target on shares of On Deck Capital in a research note on Wednesday, March 1st. Finally, Jefferies Group LLC cut their target price on On Deck Capital from $5.40 to $5.00 and set a “hold” rating on the stock in a research note on Wednesday, May 10th. Thirteen research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $5.71.
Shares of On Deck Capital (NYSE:ONDK) traded down 0.30% during midday trading on Friday, reaching $3.37. 150,952 shares of the company’s stock were exchanged. On Deck Capital has a one year low of $3.29 and a one year high of $6.46. The stock’s market cap is $244.27 million. The firm has a 50 day moving average of $4.42 and a 200-day moving average of $4.70.
On Deck Capital (NYSE:ONDK) last announced its quarterly earnings results on Monday, May 8th. The credit services provider reported ($0.11) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.16) by $0.05. The firm had revenue of $92.90 million for the quarter, compared to the consensus estimate of $90.18 million. On Deck Capital had a negative net margin of 18.67% and a negative return on equity of 16.33%. The firm’s quarterly revenue was up 48.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.18) earnings per share. On average, equities research analysts anticipate that On Deck Capital will post ($0.03) earnings per share for the current year.
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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