Shares of On Deck Capital, Inc. (NYSE:ONDK) have been given an average recommendation of “Hold” by the eight research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $5.13.

A number of equities analysts recently commented on ONDK shares. Canaccord Genuity reaffirmed a “hold” rating and issued a $5.00 target price on shares of On Deck Capital in a report on Sunday, October 1st. Zacks Investment Research cut On Deck Capital from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. BidaskClub raised On Deck Capital from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. BTIG Research reaffirmed a “hold” rating on shares of On Deck Capital in a report on Tuesday, November 7th. Finally, Stifel Nicolaus increased their price target on On Deck Capital from $5.00 to $5.50 and gave the stock a “hold” rating in a research note on Tuesday, November 7th.

On Deck Capital (NYSE:ONDK) opened at $5.72 on Friday. On Deck Capital has a twelve month low of $3.29 and a twelve month high of $6.36. The company has a market capitalization of $427.82, a price-to-earnings ratio of -7.84 and a beta of 2.41. The company has a quick ratio of 26.96, a current ratio of 26.95 and a debt-to-equity ratio of 2.78.

On Deck Capital (NYSE:ONDK) last announced its earnings results on Monday, November 6th. The credit services provider reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.04). On Deck Capital had a negative return on equity of 20.13% and a negative net margin of 15.21%. The company had revenue of $83.67 million during the quarter, compared to the consensus estimate of $84.49 million. During the same period in the prior year, the business posted ($0.18) earnings per share. On Deck Capital’s revenue for the quarter was up 8.1% compared to the same quarter last year. analysts anticipate that On Deck Capital will post -0.22 earnings per share for the current year.

In other On Deck Capital news, CEO Noah Breslow purchased 12,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The stock was acquired at an average price of $4.94 per share, for a total transaction of $59,280.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 25.40% of the company’s stock.

Several institutional investors have recently modified their holdings of ONDK. Voya Investment Management LLC grew its position in shares of On Deck Capital by 28.4% during the second quarter. Voya Investment Management LLC now owns 28,067 shares of the credit services provider’s stock valued at $131,000 after purchasing an additional 6,202 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of On Deck Capital by 58.2% during the second quarter. JPMorgan Chase & Co. now owns 31,951 shares of the credit services provider’s stock valued at $149,000 after purchasing an additional 11,751 shares in the last quarter. Nationwide Fund Advisors grew its position in shares of On Deck Capital by 13.4% during the second quarter. Nationwide Fund Advisors now owns 33,891 shares of the credit services provider’s stock valued at $158,000 after purchasing an additional 4,010 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of On Deck Capital during the third quarter valued at about $169,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of On Deck Capital during the second quarter valued at about $182,000. Hedge funds and other institutional investors own 56.55% of the company’s stock.

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On Deck Capital Company Profile

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.

Analyst Recommendations for On Deck Capital (NYSE:ONDK)

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