Today, On Deck Capital Inc. (ONDK) Given Hold Rating at JMP Securities

Today, On Deck Capital Inc. (ONDK) Given Hold Rating at JMP Securities

On Deck Capital Inc. (NYSE:ONDK)‘s stock had its “hold” rating reaffirmed by research analysts at JMP Securities in a research report issued to clients and investors on Sunday.

Several other equities analysts have also recently weighed in on the company. Jefferies Group restated a “hold” rating and set a $5.40 price objective (down from $6.50) on shares of On Deck Capital in a research note on Friday, November 4th. Canaccord Genuity reiterated a “hold” rating and set a $6.00 target price on shares of On Deck Capital in a research note on Thursday, November 3rd. BTIG Research reiterated a “neutral” rating on shares of On Deck Capital in a research note on Thursday, November 3rd. Zacks Investment Research cut On Deck Capital from a “buy” rating to a “sell” rating in a research note on Wednesday, October 12th. Finally, Vetr upgraded On Deck Capital from a “buy” rating to a “strong-buy” rating and set a $6.60 target price on the stock in a research note on Monday, October 3rd. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $7.71.

On Deck Capital (NYSE:ONDK) traded up 1.91% during trading on Friday, hitting $4.81. 148,894 shares of the company traded hands. On Deck Capital has a 12-month low of $3.64 and a 12-month high of $12.85. The company’s market capitalization is $343.63 million. The stock has a 50 day moving average price of $4.77 and a 200 day moving average price of $5.28.

On Deck Capital (NYSE:ONDK) last issued its quarterly earnings data on Thursday, November 3rd. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.01. On Deck Capital had a negative net margin of 18.67% and a negative return on equity of 16.33%. The company had revenue of $77.40 million for the quarter, compared to the consensus estimate of $75.28 million. During the same quarter last year, the business posted $0.11 earnings per share. On Deck Capital’s revenue was up 14.9% on a year-over-year basis. On average, equities analysts anticipate that On Deck Capital will post ($0.68) earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD purchased a new stake in shares of On Deck Capital during the third quarter valued at about $105,000. Parametric Portfolio Associates LLC purchased a new stake in shares of On Deck Capital during the second quarter valued at about $107,000. Nisa Investment Advisors LLC purchased a new stake in shares of On Deck Capital during the second quarter valued at about $118,000. BlackRock Advisors LLC raised its stake in shares of On Deck Capital by 146.1% in the second quarter. BlackRock Advisors LLC now owns 23,420 shares of the company’s stock valued at $121,000 after buying an additional 13,905 shares in the last quarter. Finally, Board of Trustees of The Leland Stanford Junior University purchased a new stake in shares of On Deck Capital during the second quarter valued at about $124,000. 79.53% of the stock is owned by institutional investors.

On Deck Capital Company Profile

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