Today On Deck Capital, Inc. (ONDK) Stock Crashes

On Deck Capital, Inc. (NYSE:ONDK) Logo

The stock of On Deck Capital, Inc. (NYSE:ONDK) is a huge mover today! The stock decreased 3.69% or $0.14 during the last trading session, reaching $3.65. About 542,569 shares traded. On Deck Capital, Inc. (NYSE:ONDK) has declined 47.04% since September 13, 2018 and is downtrending. It has underperformed by 47.04% the S&P500.
The move comes after 7 months negative chart setup for the $282.22 million company. It was reported on Sep, 13 by Barchart.com. We have $3.36 PT which if reached, will make NYSE:ONDK worth $22.58M less.

Analysts await On Deck Capital, Inc. (NYSE:ONDK) to report earnings on November, 5. They expect $0.04 earnings per share, down 69.23 % or $0.09 from last year’s $0.13 per share. ONDK’s profit will be $3.09M for 22.81 P/E if the $0.04 EPS becomes a reality. After $0.05 actual earnings per share reported by On Deck Capital, Inc. for the previous quarter, Wall Street now forecasts -20.00 % negative EPS growth.

On Deck Capital, Inc. (NYSE:ONDK) Ratings Coverage

Among 2 analysts covering On Deck Capital (NYSE:ONDK), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. On Deck Capital has $4.2500 highest and $3.5000 lowest target. $3.88’s average target is 6.30% above currents $3.65 stock price. On Deck Capital had 5 analyst reports since March 24, 2019 according to SRatingsIntel. BTIG Research upgraded the shares of ONDK in report on Tuesday, July 30 to “Buy” rating. The firm earned “Equal-Weight” rating on Wednesday, August 21 by Morgan Stanley.

More notable recent On Deck Capital, Inc. (NYSE:ONDK) news were published by: Prnewswire.com which released: “OnDeck Offers Same Day Funding To Empower Small Business – PRNewswire” on April 05, 2019, also Finance.Yahoo.com with their article: “Did Changing Sentiment Drive On Deck Capital’s (NYSE:ONDK) Share Price Down By 47%? – Yahoo Finance” published on July 11, 2019, Seekingalpha.com published: “On Deck Capital, Inc. 2019 Q2 – Results – Earnings Call Slides – Seeking Alpha” on July 29, 2019. More interesting news about On Deck Capital, Inc. (NYSE:ONDK) were released by: Prnewswire.com and their article: “OnDeck Launches “Summer Of Small Business” National Campaign – PRNewswire” published on June 20, 2019 as well as Seekingalpha.com‘s news article titled: “OnDeck Capital Q2 2019 Earnings Preview – Seeking Alpha” with publication date: July 28, 2019.

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia. The company has market cap of $282.22 million. It offers term loans and lines of credit. It has a 8.53 P/E ratio.

On Deck Capital, Inc. (NYSE:ONDK) Ratings Chart

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