LendingClub Corporation (LC) Analysts See $-0.01 EPS

January 20, 2018 - By Ellis Scott

 LendingClub Corporation (LC) Analysts See $ 0.01 EPS
Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.10, from 1.29 in 2017Q2. It turned negative, as 26 investors sold LendingClub Corporation shares while 42 reduced holdings. 23 funds opened positions while 58 raised stakes. 337.60 million shares or 4.08% more from 324.35 million shares in 2017Q2 were reported.
66,000 are held by Banque Pictet Cie Sa. Moreover, Proshare Advsr Lc has 0% invested in LendingClub Corporation (NYSE:LC) for 72,640 shares. Guggenheim Cap Lc invested in 0% or 85,449 shares. Ubs Asset Americas Inc accumulated 0% or 211,375 shares. Royal Savings Bank Of Canada has invested 0% in LendingClub Corporation (NYSE:LC). Cornerstone Advsrs holds 0.02% or 4,240 shares in its portfolio. Cubist Systematic Strategies Limited Liability Company, Connecticut-based fund reported 30,974 shares. Savings Bank Of America Corporation De reported 3.68M shares or 0% of all its holdings. Jericho Asset Management Lp has 2.91% invested in LendingClub Corporation (NYSE:LC) for 8.41 million shares. Palestra Cap Limited Liability holds 1.78% or 4.72M shares. Raymond James & holds 14,625 shares or 0% of its portfolio. Renaissance Tech Lc accumulated 0.03% or 4.30M shares. Comml Bank Of Nova Scotia holds 0.05% or 1.35M shares in its portfolio. Barclays Public Ltd Co stated it has 286,202 shares or 0% of all its holdings. Natixis reported 246,403 shares.

Analysts expect LendingClub Corporation (NYSE:LC) to report $-0.01 EPS on February, 13.They anticipate $0.07 EPS change or 87.50 % from last quarter’s $-0.08 EPS. After having $-0.01 EPS previously, LendingClub Corporation’s analysts see 0.00 % EPS growth. The stock decreased 3.13% or $0.13 during the last trading session, reaching $4.02. About 8.53M shares traded. LendingClub Corporation (NYSE:LC) has risen 52.97% since January 20, 2017 and is uptrending. It has outperformed by 36.27% the S&P500.

LendingClub Corporation (NYSE:LC) Ratings Coverage

Among 25 analysts covering LendingClub Corporation (NYSE:LC), 7 have Buy rating, 0 Sell and 18 Hold. Therefore 28% are positive. LendingClub Corporation has $24 highest and $2 lowest target. $7.57’s average target is 88.31% above currents $4.02 stock price. LendingClub Corporation had 63 analyst reports since July 31, 2015 according to SRatingsIntel. Keefe Bruyette & Woods upgraded LendingClub Corporation (NYSE:LC) rating on Wednesday, June 8. Keefe Bruyette & Woods has “Market Perform” rating and $5 target. Canaccord Genuity initiated LendingClub Corporation (NYSE:LC) on Friday, July 31 with “Buy” rating. The firm has “Hold” rating given on Thursday, December 7 by Canaccord Genuity. As per Wednesday, April 19, the company rating was maintained by Morgan Stanley. The rating was initiated by Raymond James with “Market Perform” on Friday, April 15. Guggenheim initiated the shares of LC in report on Tuesday, October 6 with “Buy” rating. Compass Point maintained LendingClub Corporation (NYSE:LC) on Wednesday, August 5 with “Sell” rating. On Wednesday, August 12 the stock rating was initiated by Bruyette & Woods” with “Mkt Perform”. The firm has “Neutral” rating given on Tuesday, August 9 by Credit Suisse. The stock of LendingClub Corporation (NYSE:LC) earned “Neutral” rating by Citigroup on Tuesday, August 9.

LendingClub Corporation, together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the United States. The company has market cap of $1.67 billion. The Company’s marketplace facilitates various types of loan products for clients and small businesses, including unsecured personal loans, unsecured education and patient finance loans, auto refinance loans, and small business loans and lines of credit. It currently has negative earnings. The firm also offers investors an opportunity to invest in a range of loans based on term and credit characteristics.

Another recent and important LendingClub Corporation (NYSE:LC) news was published by Twst.com which published an article titled: “Lending Club Corp.: LendingClub Continues to Caution Investors Against …” on January 09, 2018.

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