On Deck Capital (ONDK) Earns Daily News Sentiment Rating of 0.06
News coverage about On Deck Capital (NYSE:ONDK) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news 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 daily sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 46.2918713157637 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Stifel Nicolaus Raises On Deck Capital, Inc. (ONDK) Price Target to $5.50 (americanbankingnews.com)
- On Deck Capital, Inc. (ONDK) Issues Quarterly Earnings Results (americanbankingnews.com)
- On Deck Capital, Inc. to Host Earnings Call (finance.yahoo.com)
- OnDeck Reports Third Quarter 2017 Financial Results (finance.yahoo.com)
- On Deck Capital, Inc. breached its 50 day moving average in a Bullish Manner : ONDK-US : November 6, 2017 (finance.yahoo.com)
Shares of On Deck Capital (NYSE:ONDK) traded down $0.05 during trading on Monday, hitting $4.96. The stock had a trading volume of 258,100 shares, compared to its average volume of 434,510. The company has a quick ratio of 26.96, a current ratio of 26.95 and a debt-to-equity ratio of 2.78. On Deck Capital has a twelve month low of $3.29 and a twelve month high of $5.88.
On Deck Capital (NYSE:ONDK) last announced its quarterly earnings data on Monday, November 6th. The credit services provider reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.04). The firm had revenue of $83.67 million during the quarter, compared to analyst estimates of $84.49 million. On Deck Capital had a negative net margin of 15.21% and a negative return on equity of 20.13%. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.18) EPS. equities analysts anticipate that On Deck Capital will post -0.22 earnings per share for the current fiscal year.
ONDK has been the subject of a number of recent research reports. Stifel Nicolaus upped their price objective on On Deck Capital from $5.00 to $5.50 and gave the stock a “hold” rating in a research note on Tuesday, November 7th. BTIG Research restated a “hold” rating on shares of On Deck Capital in a research note on Tuesday, November 7th. Zacks Investment Research upgraded On Deck Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. BidaskClub downgraded On Deck Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Finally, Canaccord Genuity restated a “hold” rating and set a $5.00 price objective on shares of On Deck Capital in a research note on Sunday, October 1st. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. On Deck Capital has an average rating of “Hold” and an average price target of $5.20.
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In other news, CRO Andrea Gellert sold 25,147 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $4.62, for a total value of $116,179.14. Following the completion of the sale, the executive now owns 154,440 shares in the company, valued at $713,512.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate 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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