Extremely significant positive changes in LendingClub Corp (NYSE: LC) investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Recent notable positive changes in fundamentals have benefitted LendingClub Corp (NYSE: LC): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
LC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
LendingClub has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. LendingClub has a slightly positive Appreciation Score of 66 and a very high Power Rating of 95, and the Highest Value Trend Rating results.
Recent Price Action
LendingClub Corp (NYSE: LC) stock enjoyed a large increase of 3.3% on 6/28/24. The stock closed at $8.46. Moreover, this advance was accompanied by unusually high trading volume at 183% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 5.1% during the last week.
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