On Deck Capital Inc (NYSE:ONDK) has been given a consensus rating of “Hold” by the seventeen research firms that are covering the company. Thirteen investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $5.83.

ONDK has been the topic of several recent analyst reports. Stifel Nicolaus initiated coverage on shares of On Deck Capital in a research note on Wednesday, April 19th. They issued a “buy” rating and a $6.00 price target on the stock. FBR & Co reiterated a “hold” rating on shares of On Deck Capital in a research note on Friday, March 24th. Zacks Investment Research lowered shares of On Deck Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. Jefferies Group LLC dropped their price target on shares of On Deck Capital from $5.40 to $5.00 and set a “hold” rating on the stock in a research note on Wednesday, May 10th. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $6.00 price target on shares of On Deck Capital in a research note on Wednesday, March 1st.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sapphire Ventures L.L.C. acquired a new position in On Deck Capital during the fourth quarter valued at about $26,328,000. EJF Capital LLC boosted its position in On Deck Capital by 81.2% in the first quarter. EJF Capital LLC now owns 5,777,030 shares of the credit services provider’s stock valued at $29,116,000 after buying an additional 2,588,550 shares during the last quarter. Renaissance Technologies LLC boosted its position in On Deck Capital by 144.7% in the fourth quarter. Renaissance Technologies LLC now owns 776,800 shares of the credit services provider’s stock valued at $3,597,000 after buying an additional 459,300 shares during the last quarter. Vanguard Group Inc. boosted its position in On Deck Capital by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,094,022 shares of the credit services provider’s stock valued at $15,593,000 after buying an additional 220,242 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in On Deck Capital during the fourth quarter valued at about $636,000. Hedge funds and other institutional investors own 74.59% of the company’s stock.

Shares of On Deck Capital (NYSE:ONDK) opened at 3.63 on Tuesday. On Deck Capital has a 1-year low of $3.29 and a 1-year high of $6.46. The company has a 50-day moving average of $4.34 and a 200-day moving average of $4.69. The firm’s market capitalization is $263.11 million.

On Deck Capital (NYSE:ONDK) last announced its quarterly earnings results on Monday, May 8th. The credit services provider reported ($0.11) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.05. The company had revenue of $92.90 million for the quarter, compared to analyst estimates of $90.18 million. On Deck Capital had a negative net margin of 18.67% and a negative return on equity of 16.33%. The firm’s revenue was up 48.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.18) earnings per share. Equities research analysts predict that On Deck Capital will post ($0.03) EPS for the current fiscal year.

About On Deck Capital

On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.

12 Month Chart for NYSE:ONDK

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