On Deck Capital, Inc. (ONDK) Stake Increased by Engineers Gate Manager LP

Stifel Nicolaus upped their price target on shares of On Deck Capital from $5.00 to $5.50 and gave the company a hold rating in a research report on Tuesday, November 7th. They now have an equal weight rating on the credit services provider's stock. Of those insider trades, 12,000 shares of On Deck Capital, Inc. were purchased and 45,196 shares were sold. The stock has "Outperform" rating by FBR Capital on Tuesday, February 23. (NYSE:ONDK) has "Neutral" rating given on Friday, January 15 by Compass Point. The stock exchanged hands 1.46 Million shares versus average trading capacity of 449.21 Million shares. Canaccord Genuity maintained the stock with "Hold" rating in Sunday, October 1 report. Current price places the company's stock -13.32% away from its 200-day simple moving average, -5.67%, away from the 50-day average and also -6.28% away from 20-day average.

On Deck Capital (NYSE:ONDK) has insider ownership of 25.40% and institutional ownership of 56.74%. The company has a debt-to-equity ratio of 2.78, a current ratio of 26.95 and a quick ratio of 26.96.

Analysts are expecting average earnings estimates of $0.04 for the current quarter based on the opinion of 9 analysts, relating to high earnings per share estimates of $0.07 and low estimates of $0, however On Deck Capital Inc (NYSE:ONDK) reported $-0.11 earnings per share for the same quarter a year ago. The company has market cap of $365.23 million.

On Deck Capital (NYSE:ONDK) last released its quarterly earnings results on Tuesday, February 13th. The credit services provider reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. On Deck Capital had a negative return on equity of 4.44% and a negative net margin of 3.29%. Average estimation for the current quarter has been provided by 11 analysts. During the same period in the prior year, the company posted ($0.50) EPS.

Taking a broader look at the analyst consensus, according to 8 analysts On Deck Capital Inc (NYSE:ONDK)'s price will reach at $6 during 52 weeks. BTIG Research downgraded the stock to "Neutral" rating in Tuesday, May 3 report. About 1.08 million shares traded or 123.70% up from the average.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.

In other On Deck Capital news, CEO Noah Breslow bought 12,000 shares of the business's stock in a transaction dated Tuesday, November 28th. On Deck Capital earned a news sentiment score of 0.17 on Accern's scale. Schwab Charles Investment Management Inc. now owns 158,009 shares of the credit services provider's stock valued at $737,000 after purchasing an additional 931 shares during the period. TIAA CREF Investment Management LLC increased its position in shares of On Deck Capital by 11.9% during the fourth quarter. Two Sigma Investments LP now owns 265,036 shares of the credit services provider's stock worth $1,521,000 after buying an additional 185,377 shares during the period. Bank of Montreal Can increased its stake in shares of On Deck Capital by 4,393.3% in the 4th quarter. JPMorgan Chase & Co. increased its stake in shares of On Deck Capital by 58.2% in the 2nd quarter. The stock has "Outperform" rating by Keefe Bruyette & Woods on Wednesday, December 2. For the current year the company's revenue estimates are $350.53 Million compared to low analyst estimates of $348.27 Million and high estimates of $353.2 Million according to the prediction of 12 analysts. If you are accessing this article on another website, it was copied illegally and reposted in violation of United States and global copyright and trademark law.

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia.



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