On Deck Capital, Inc. (NYSE:ONDK) had its price target upped by analysts at Stifel Nicolaus from $5.00 to $5.50 in a report released on Tuesday. The brokerage currently has a “hold” rating on the credit services provider’s stock. Stifel Nicolaus’ target price suggests a potential upside of 11.00% from the company’s current price.

Other equities research analysts have also recently issued reports about the company. BidaskClub cut On Deck Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Zacks Investment Research cut On Deck Capital from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. BTIG Research reissued a “hold” rating on shares of On Deck Capital in a research note on Tuesday. Canaccord Genuity reissued a “hold” rating and set a $5.00 price objective on shares of On Deck Capital in a research note on Sunday, October 1st. Finally, Jefferies Group LLC reissued a “hold” rating and set a $5.00 price objective on shares of On Deck Capital in a research note on Friday, July 14th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.20.

On Deck Capital (ONDK) traded down $0.05 during trading hours on Tuesday, hitting $4.96. The company had a trading volume of 484,970 shares, compared to its average volume of 391,331. The company has a current ratio of 25.20, a quick ratio of 25.20 and a debt-to-equity ratio of 2.86. On Deck Capital has a 12 month low of $3.29 and a 12 month high of $5.88.

On Deck Capital (NYSE:ONDK) last posted its earnings results on Monday, November 6th. The credit services provider reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.04). The firm had revenue of $83.67 million during the quarter, compared to analysts’ expectations of $84.49 million. On Deck Capital had a negative return on equity of 20.08% and a negative net margin of 15.21%. On Deck Capital’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.18) earnings per share. equities research analysts anticipate that On Deck Capital will post -0.19 EPS for the current year.

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In other news, CRO Andrea Gellert sold 25,147 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The stock was sold at an average price of $4.62, for a total transaction of $116,179.14. Following the transaction, the executive now owns 154,440 shares of the company’s stock, valued at $713,512.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 25.40% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of On Deck Capital by 7.7% during the first quarter. Vanguard Group Inc. now owns 3,094,022 shares of the credit services provider’s stock valued at $15,593,000 after buying an additional 220,242 shares during the last quarter. State Street Corp grew its stake in shares of On Deck Capital by 10.6% during the second quarter. State Street Corp now owns 814,082 shares of the credit services provider’s stock valued at $3,794,000 after buying an additional 78,345 shares during the last quarter. Northern Trust Corp grew its stake in shares of On Deck Capital by 1.2% during the second quarter. Northern Trust Corp now owns 508,431 shares of the credit services provider’s stock valued at $2,369,000 after buying an additional 6,047 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of On Deck Capital by 135.8% during the second quarter. Dimensional Fund Advisors LP now owns 399,386 shares of the credit services provider’s stock valued at $1,862,000 after buying an additional 230,016 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of On Deck Capital by 17.4% during the first quarter. Geode Capital Management LLC now owns 334,040 shares of the credit services provider’s stock valued at $1,683,000 after buying an additional 49,524 shares during the last quarter. 53.91% of the stock is currently owned by hedge funds and other institutional investors.

About On Deck Capital

On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform 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 Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.

Analyst Recommendations for On Deck Capital (NYSE:ONDK)

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