On Deck Capital (ONDK) Scheduled to Post Earnings on Thursday

On Deck Capital (NYSE:ONDK) is scheduled to be releasing its earnings data before the market opens on Thursday, October 24th. Analysts expect On Deck Capital to post earnings of $0.04 per share for the quarter. On Deck Capital has set its Q3 2019 guidance at EPS and its FY 2019 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

On Deck Capital (NYSE:ONDK) last announced its quarterly earnings results on Monday, July 29th. The credit services provider reported $0.09 EPS for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.01. On Deck Capital had a net margin of 7.85% and a return on equity of 10.90%. The business had revenue of $110.25 million for the quarter, compared to analyst estimates of $110.11 million. During the same quarter in the prior year, the business earned $0.13 EPS. On Deck Capital’s quarterly revenue was up 15.5% on a year-over-year basis. On average, analysts expect On Deck Capital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of ONDK opened at $3.62 on Wednesday. On Deck Capital has a 52 week low of $2.88 and a 52 week high of $8.99. The firm has a market cap of $273.54 million, a P/E ratio of 8.42 and a beta of 1.87. The firm’s 50-day simple moving average is $3.43 and its 200 day simple moving average is $4.04. The company has a debt-to-equity ratio of 2.65, a quick ratio of 15.81 and a current ratio of 15.81.

A number of analysts have issued reports on the stock. Zacks Investment Research downgraded shares of On Deck Capital from a “hold” rating to a “sell” rating in a report on Friday, August 2nd. BTIG Research raised shares of On Deck Capital from a “neutral” rating to a “buy” rating and set a $4.25 price objective for the company in a report on Tuesday, July 30th. Morgan Stanley raised shares of On Deck Capital from an “underweight” rating to an “equal” rating and cut their price objective for the company from $4.00 to $3.50 in a report on Wednesday, August 21st. Maxim Group reissued a “hold” rating on shares of On Deck Capital in a report on Wednesday, July 31st. Finally, ValuEngine raised shares of On Deck Capital from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $6.18.

On Deck Capital Company Profile

On Deck Capital, Inc operates an online platform for small business lending in the United States, Canada, and Australia. It offers term loans and lines of credit. The company also provides technology and services platform that facilitates online lending to small business customers for banks. It distributes its products through direct marketing channel, strategic partners, and funding advisors.

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Earnings History for On Deck Capital (NYSE:ONDK)

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