LC
LendingClub Corporation · Financial Services
14.74
2.93%(+0.42)
Prev. Close15.00
1.76%(+0.26)
Pre-marketLast Updated: — ET
52W L: $8.3452W H: $21.67
$13.61
CHG-0.76 (-5.32%)
H$15.11
L$13.03
VOL27M
LC (1h)
LendingClub Corporation · Financial Services
Those are big ifs. But with recent strong financials, a new chairman, and management optimism going forward, the company appears to be making a compelling case that Wall Street hasn't caught up yet.
LendingClub Corporation has seen a sharp stock decline, driven by guidance concerns and macro fears around private lending. LC continues to deliver strong growth in originations, revenue, and EPS, with Q4 revenue up 25% and EPS up over 300%. Valuation is compelling, with a forward PE of 7.98 and a PS of 1.48, as LC is priced well below industry averages despite robust growth outlook.
LendingClub (LC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
The mean of analysts' price targets for LendingClub (LC) points to a 39.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
LendingClub Corporation LC and Pagaya Technologies Ltd. PGY operate in the same consumer credit ecosystem but with different business models.
SoFi Technologies is a digital bank that aims to serve consumers' many financial needs in one place. The company's largest business is personal lending.
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