On Deck Capital (ONDK) Given News Sentiment Score of 0.13
Headlines about On Deck Capital (NYSE:ONDK) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. On Deck Capital earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news headlines about the credit services provider an impact score of 46.6046526570942 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern’s rankings:
- $93.01 Million in Sales Expected for On Deck Capital Inc (ONDK) This Quarter (americanbankingnews.com)
- Edited Transcript of ONDK earnings conference call or presentation 7-Aug-18 12:00pm GMT (finance.yahoo.com)
- On Deck Capital (ONDK) Rating Reiterated by Stephens (americanbankingnews.com)
- Stock Traders Purchase High Volume of Call Options on On Deck Capital (ONDK) (americanbankingnews.com)
- Stock Traders Buy High Volume of Put Options on On Deck Capital (ONDK) (americanbankingnews.com)
NYSE:ONDK opened at $8.62 on Friday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 28.81 and a current ratio of 26.85. On Deck Capital has a 52-week low of $4.11 and a 52-week high of $9.41. The firm has a market cap of $668.13 million, a P/E ratio of -53.88 and a beta of 1.51.
Several analysts have issued reports on ONDK shares. ValuEngine upgraded On Deck Capital from a “hold” rating to a “buy” rating in a research note on Saturday, June 2nd. Morgan Stanley lowered On Deck Capital from an “equal weight” rating to an “underweight” rating and set a $5.50 price objective on the stock. in a research note on Thursday, July 19th. Stephens assumed coverage on On Deck Capital in a research note on Monday, June 18th. They set a “weight” rating on the stock. BTIG Research reiterated a “neutral” rating on shares of On Deck Capital in a research note on Wednesday, May 9th. Finally, TheStreet upgraded On Deck Capital from a “d+” rating to a “c-” rating in a research note on Monday, May 7th. Two research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $5.96.
In other On Deck Capital news, Director Neil E. Wolfson bought 5,000 shares of the firm’s stock in a transaction on Wednesday, May 30th. The shares were acquired at an average cost of $6.07 per share, for a total transaction of $30,350.00. Following the purchase, the director now directly owns 194,031 shares of the company’s stock, valued at $1,177,768.17. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Noah Breslow bought 8,000 shares of the firm’s stock in a transaction on Tuesday, May 29th. The stock was acquired at an average price of $5.85 per share, for a total transaction of $46,800.00. Following the completion of the purchase, the chief executive officer now directly owns 528,595 shares in the company, valued at $3,092,280.75. The disclosure for this purchase can be found here. Insiders own 21.40% of the company’s stock.
On Deck Capital Company Profile
On Deck Capital, Inc operates an online platform for small business lending in the United States, Canada, and Australia. It offers term loans and lines of credit. The company was incorporated in 2006 and is headquartered in New York, New York.
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