Zacks Rating on On Deck Capital (ONDK)

On Deck Capital (ONDK) : Zacks Investment Research ranks On Deck Capital (ONDK) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 16 research analysts is 2.41, which indicates as a Buy.

On Deck Capital (ONDK) : Average target price received by On Deck Capital (ONDK) is $8.59 with an expected standard deviation of $3.53. The most aggressive target on the stock is $17, whereas the most downbeat target is $6. 11 financial analysts are currently covering the stock.


On Deck Capital, Inc. has dropped 0.65% in the last five trading days, however, the shares have posted positive gains of 20.95% in the last 4 weeks. On Deck Capital, Inc. is up 24.39% in the last 3-month period. Year-to-Date the stock performance stands at -40.58%. On Deck Capital (NYSE:ONDK): stock turned positive on Tuesday. Though the stock opened at $6.1, the bulls momentum made the stock top out at $6.285 level for the day. The stock recorded a low of $6.09 and closed the trading day at $6.12, in the green by 1.49%. The total traded volume for the day was 406,746. The stock had closed at $6.03 in the previous days trading.

On Deck Capital, Inc. is an online platform for small business lending. The Company 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 Companys Website and, using its OnDeck Score, the Company makes a funding decision and transfers the funds. The Company offers two products to small businesses to access capital: term loans and lines of credit. The Companys end-to-end integrated platform includes the Companys Website, which allows small businesses to apply for a loan in minutes, around the clock; data and analytics engine, analyzes thousands of data attributes from disparate sources to assess the real-time creditworthiness of a small business; the technology, which offers seamless funding of loans, and daily and weekly collections and ongoing servicing system.

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