On Deck Capital (NYSE:ONDK) : The consensus on On Deck Capital (NYSE:ONDK) based on 16 analyst recommendation on the company stock is 2.66, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 11 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
On Deck Capital (NYSE:ONDK) : The consensus price target for On Deck Capital (NYSE:ONDK) is $10.04 for the short term with a standard deviation of $5.28. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $22, however, the pessimist price target for the company is $4.
Company shares have received an average consensus rating of Hold for the current week
On Deck Capital (NYSE:ONDK): stock turned positive on Tuesday. Though the stock opened at $4.83, the bulls momentum made the stock top out at $5.014 level for the day. The stock recorded a low of $4.76 and closed the trading day at $4.93, in the green by 4.67%. The total traded volume for the day was 674,866. The stock had closed at $4.71 in the previous days trading.
In an insider trading activity,The officer (SVP/Principal Accounting Ofcr) of On Deck Capital, Inc., Sinigaglia Nicholas A sold 1,000 shares at $8.54 on May 2, 2016. The Insider selling transaction had a total value worth of $8,540. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.