In a report issued on February 13, David Scharf from JMP Securities maintained a Hold rating on On Deck Capital Inc (ONDK). The company’s shares closed on Friday at $5.75.
According to TipRanks.com, Scharf is a 4-star analyst with an average return of 10.4% and a 62.2% success rate. Scharf covers the Financial sector, focusing on stocks such as Enova International Inc, Santander Consumer USA, and OneMain Holdings Inc.
Currently, the analyst consensus on On Deck Capital Inc is a Moderate Buy with an average price target of $11, a 91.3% upside from current levels. In a report issued on February 13, Maxim Group also downgraded the stock to Hold.
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On Deck Capital Inc’s market cap is currently $433.4M and has a P/E ratio of 16.76. The company has a Price to Book ratio of 1.45.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ONDK in relation to earlier this year. Last month, Cory Kampfer, the CLO of ONDK bought 16,667 shares for a total of $6,167.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
On Deck Capital, Inc. engages in online small business lending. It offers financing solution for small businesses, including short term loans, long term loans, and lines of credit. The company was founded on May 4, 2006 and is headquartered in New York, NY.
