News stories about On Deck Capital (NYSE:ONDK) have been trending positive on Monday, according to Alpha One Sentiment. The research firm, a service of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of public 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 0.44 on Alpha One’s scale. Alpha One also assigned media stories about the credit services provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Several brokerages have weighed in on ONDK. Canaccord Genuity reaffirmed a “hold” rating and set a $6.00 target price on shares of On Deck Capital in a research note on Wednesday, March 1st. Zacks Investment Research raised On Deck Capital from a “hold” rating to a “buy” rating and set a $5.75 target price on the stock in a research note on Thursday, February 23rd. FBR & Co reaffirmed a “hold” rating on shares of On Deck Capital in a research note on Friday, March 24th. Stifel Nicolaus began coverage on On Deck Capital in a research note on Wednesday, April 19th. They set a “buy” rating and a $6.00 target price on the stock. 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 equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given 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) opened at 3.39 on Monday. The firm’s market capitalization is $245.72 million. On Deck Capital has a 12 month low of $3.29 and a 12 month high of $6.46. The stock’s 50 day moving average price is $4.38 and its 200-day moving average price is $4.69.
On Deck Capital (NYSE:ONDK) last announced its quarterly earnings data on Monday, May 8th. The credit services provider reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.05. On Deck Capital had a negative net margin of 18.67% and a negative return on equity of 16.33%. The business had revenue of $92.90 million during the quarter, compared to the consensus estimate of $90.18 million. During the same period in the previous year, the business earned ($0.18) earnings per share. The company’s revenue was up 48.4% on a year-over-year basis. On average, equities research analysts predict that On Deck Capital will post ($0.03) EPS for the current fiscal year.
About On Deck Capital
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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