On Deck Capital, Inc. (ONDK) Shares Appear To Be Priced For Virtually Growth

Wall Street analysts will be watching closely when On Deck Capital, Inc. (NYSE:ONDK) reports its quarterly earnings next, which is scheduled for Today Before Market Open (Confirmed). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.15 per share. In the preceding quarter, the company reportedly generated EPS of $0.17 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 4.30%, a profit margin of 5.00% and a gross margin of 87.50%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of On Deck Capital, Inc. (NYSE:ONDK). Most recently, on December 20th, 2018, Maxim Group Initiated a Buy rating. Before that, on November 28th, 2018, UBS Upgrade to Buy. B. Riley FBR Initiated a Buy rating on August 23rd, 2018, Morgan Stanley Downgrade an Underweight rating on July 19th, 2018, and Stephens Initiated a Equal-Weight rating on June 18th, 2018.

At its current price point, combined with the fact that this company has 74.94M shares outstanding, the current market capitalization sits at 482.61M. In the last trading day, 3,455,520 shares of On Deck Capital, Inc. were traded, which compares to its usual volume of about 643.01K shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$1.03 in the past five trading days, resulting in a percentage change of -13.79% and a moving average of 7.11. In the past 20 days, its price changed by -$0.65 (which is -9.17%) and the stock’s moving average was 7.11. Looking back a full 50 days, shares of ONDK changed by -$1.25 (which is -16.25%) and demonstrated a moving average of 6.85.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 35.92%, a 14-day Stochastic %K score of 42.05% and a 20-day Stochastic %K score of 42.58%. Using a similar metric, On Deck Capital, Inc. (ONDK) shares showed a Stochastic %D of 46.37% over the past 9 days, a Stochastic %D score of 53.00% over the last 14 days, and a 20-day Stochastic %D of 53.77%. Meanwhile, this stock’s MACD Oscillator was -0.25 over the past 9 days, -0.15 over the past two weeks, and -0.10 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $6.44 level. Over the past 12 months, this stock has experienced a high price of $9.41 and a low of $4.16. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

Portolan Capital Management LLC sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from On Deck Capital, Inc. (NYSE:ONDK) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 4,051,737 shares of the company’s stock following the subtraction of -116,126 to this investor’s holdings during the three-month period. This share count represents that Portolan Capital Management LLC now held 5.40% stake in On Deck Capital, Inc. (ONDK)’s shares.

Just in the most recent trading day, On Deck Capital, Inc. (NYSE:ONDK) experienced a high price of $7.89 and low point of $6.38. At the end of the last trading session, this stock was at 6.44 per share, following a gain of $0.52, or -12.50% during the full day.