Tag: $STON

A Brief analysis of Lending Club Corporation and StoneMor Partners LP

LC – Lending Club Corporation provides an online marketplace for connecting borrowers and lenders.

LC – Lending Club Corporation

Fundamentals Previously closed at 7.31
Day’s high 7.40
Day’s low 7.19
P/E ratio NA
EPS -0.01

 

Analysts opinion The research firm Raymond James recently initiated action on Lending Club, giving it a “Market Perform” rating. LC is currently trading at 7.31, which is 5.79% away from its 52 – week median, towards its 52-week low. The 12-month consensus price forecast for the stock is $14. Currently, the stock is trading at almost half the consensus, and analysts are bullish about the stock. Also, LC has an agreement with The National Bank of Canada, which allows the bank to familiarize themselves with fintech, while allowing LC to sell their loans to the bank. Louis Vachon, CEO of National Bank announced last Friday that the National bank will buy 300 million US assets owned by Lending Club in the US market.
Sentiments Lending club seems to be having an upside activity ahead of its earnings report early next month. The monitoring system of Optionmonster detected a purchase of ~4,600 May 9 Calls for $0.25. This shows that investors are expecting a positive revenue and have bullish sentiments for the stock.
Social Media Pulse The stock has 91% higher chatter than usual.

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