LendingClub Corp (NYSE: LC) is -39.65% lower on its value in year-to-date trading and has touched a low of $7.48 and a high of $18.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LC stock was last observed hovering at around $11.01 in the last trading session, with the day’s loss setting it -1.24%.
Currently trading at $9.77, the stock is 0.14% and -9.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.6 million and changing -11.26% at the moment leaves the stock -23.62% off its SMA200. LC registered 20.62% gain for a year compared to 6-month loss of -28.11%. The firm has a 50-day simple moving average (SMA 50) of $10.8184 and a 200-day simple moving average (SMA200) of $12.79175.
The stock witnessed a -5.33% gain in the last 1 month and extending the period to 3 months gives it a -32.25%, and is -4.68% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.20% over the week and 7.33% over the month.
LendingClub Corp (LC) has around 1002 employees, a market worth around $1.12B and $1.33B in sales. Current P/E ratio is 21.48 and Fwd P/E is 8.37. Profit margin for the company is 3.85%. Distance from 52-week low is 30.61% and -47.89% from its 52-week high. The company has generated returns on investments over the last 12 months (3.78%).
with sales reaching $225.24M over the same period.The EPS is expected to grow by 50.62% this year, but quarterly earnings will post 17.61% year-over-year. Quarterly sales are estimated to grow 20.30% in year-over-year returns.
325.0 institutions hold shares in LendingClub Corp (LC), with institutional investors hold 80.10% of the company’s shares. The shares outstanding are 114.20M, and float is at 110.28M with Short Float at 3.53%. Institutions hold 77.88% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.97 million shares valued at $101.3 million. The investor’s holdings represent 10.7487 of the LC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.45 million shares valued at $71.49 million to account for 7.5854 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.9 million shares representing 5.3291 and valued at over $49.9 million, while JACKSON SQUARE PARTNERS, LLC holds 4.56 of the shares totaling 5.08 million with a market value of $42.97 million.
LendingClub Corp (LC) Insider Activity
The most recent transaction is an insider sale by Sanborn Scott, the company’s CEO. SEC filings show that Sanborn Scott sold 5,250 shares of the company’s common stock on Apr 23 ’25 at a price of $10.34 per share for a total of $54285.0. Following the sale, the insider now owns 1.3 million shares.
Still, SEC filings show that on Apr 09 ’25, Sanborn Scott (CEO) disposed off 5,250 shares at an average price of $10.00 for $52500.0. The insider now directly holds 1,303,032 shares of LendingClub Corp (LC).
