LendingClub Corporation (LC): Long-Term Gains Looking More Likely

Kay Valerie, Chief Capital Officer, subtracted 9,500 shares of LendingClub Corporation (LC) from its portfolio at the rate of $3.10 per share valuing $29,450 on May 28. The insider left behind 252,481 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of LendingClub Corporation (LC) was $2.94. Currently, the 1st Resistance Point for this stock is $3.00, with a 2nd Resistance Point sitting at $3.06. Meanwhile, this company’s stock has a 1st Support Level at $2.90 and a 2nd Support Level at $2.86. LendingClub Corporation (LC) stock has lost -$0.02, or -0.68%, in the past five days. In the last full month, these shares have lost -$0.44, or -13.02%. In the past three months, this stock’s price has fallen by -$0.09, or -2.97%. This year-to-date, LendingClub Corporation (LC) shares have gained $0.31, or 11.79%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For LendingClub Corporation (LC) stock, 60% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

With 431,922 K shares outstanding, this company currently has a market capitalization of $1,265,532K. LendingClub Corporation (LC) generates $1,181 M in annual sales, amounting to annual net income of -$128,310 K. This stock has generated a 1-Year Total Return of -22.43%, a 3-Year Total Return of -39.63%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, LendingClub Corporation (LC) reported earnings of $0.02 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.03 per share, representing a 0.05 difference and -168.49% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.03 represented a 0.01 difference from the consensus estimate calling for $0.02 per share, which was a 34.53% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.02 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was -$0.01 and the low estimate was -$0.02. In the year-ago quarter, LendingClub Corporation (LC) generated per-share earnings of -$0.02.

Turning our focus now to insider trading activity, there have been 37 purchases (1,514,696 shares in total) and 34 sale (653,822 shares in total) in the last 3 months. In the last 6 months, there have been 58 insider buys amounting to 2,328,093 shares and 53 insider sales amounting to 1,204,965 shares. In the past full year, 105 insider purchases were made (involving 3,949,466 shares) and 82 insider sell-offs equivalent to 2,084,220 shares.

Looking at this company’s capital structure, its Total Debt to Total Equity is 17.49, its Total Debt to Total Capital is 14.89, and its Total Debt to Total Assets is now 3.98. Looking even further ahead into the future, its Long-Term Debt to Equity is 17.49 and its Long-Term Debt to Total Capital is 14.89.