Somewhat Positive News Coverage Somewhat Unlikely to Affect On Deck Capital (ONDK) Stock Price
News coverage about On Deck Capital (NYSE:ONDK) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of 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 0.18 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 46.6197198883691 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- On Deck Capital (ONDK) Price Target Raised to $9.00 at UBS Group (americanbankingnews.com)
- Dressed in Time Named OnDeck Small Business of the Month (finance.yahoo.com)
- Zacks: Analysts Expect On Deck Capital Inc (ONDK) Will Announce Quarterly Sales of $93.26 Million (americanbankingnews.com)
- Analysts Anticipate On Deck Capital Inc (ONDK) to Announce $0.11 EPS (americanbankingnews.com)
Shares of ONDK opened at $8.31 on Friday. On Deck Capital has a one year low of $4.11 and a one year high of $9.41. The company has a market cap of $629.32 million, a price-to-earnings ratio of -51.94 and a beta of 1.51. The company has a debt-to-equity ratio of 2.72, a current ratio of 26.85 and a quick ratio of 26.85.
A number of research firms have recently weighed in on ONDK. Zacks Investment Research upgraded shares of On Deck Capital from a “hold” rating to a “strong-buy” rating and set a $10.00 price target for the company in a research report on Tuesday, August 14th. BTIG Research downgraded shares of On Deck Capital from a “neutral” rating to a “sell” rating in a research report on Tuesday, August 14th. B. Riley initiated coverage on shares of On Deck Capital in a research report on Wednesday, August 22nd. They set a “buy” rating and a $14.00 price objective for the company. Stephens restated a “hold” rating and set a $8.00 price objective on shares of On Deck Capital in a research report on Wednesday, August 8th. Finally, UBS Group boosted their price objective on shares of On Deck Capital from $6.50 to $9.00 and gave the company a “neutral” rating in a research report on Thursday. Three analysts have rated the stock with a sell rating, six have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $8.14.
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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