Alert: Positive Investment/Fundamental Signals (9/11/24)-LendingClub Corp (NYSE: LC)

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LendingClub Corp (NYSE: LC). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Important positive changes in LendingClub Corp (NYSE: LC) fundamentals have recently occurred: 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.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. LendingClub has a slightly positive Appreciation Score of 60 and a very high Power Rating of 91, triggering the Highest Value Trend Rating.

Recent Price Action

LendingClub Corp (NYSE: LC) stock closed at $10.40 on 9/11/24 after an increase of 1.1%. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.5% during the last week.

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