LendingClub Corp

Company Profile

LendingClub Corp had its IPO on 2014-12-11 under the ticker symbol LC.

The company operates in the Financial Services sector and Credit Services industry. LendingClub Corp has a staff strength of 1,585 employees.

Stock update

Shares of LendingClub Corp opened at $6.71 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.59 - $6.8, and closed at $6.63.

This is a -1.78% slip from the previous day's closing price.

A total volume of 1,070,031 shares were traded at the close of the day’s session.

In the last one week, shares of LendingClub Corp have slipped by -5.42%.

LendingClub Corp's Key Ratios

LendingClub Corp has a market cap of $733.68 million, indicating a price to book ratio of 0.879 and a price to sales ratio of 0.7551.

In the last 12-months LendingClub Corp’s revenue was $1.23 billion with a gross profit of $536.37 million and an EBITDA of $146.24 million. The EBITDA ratio measures LendingClub Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, LendingClub Corp’s operating margin was 8.13% while its return on assets stood at 0.86% with a return of equity of 7.93%.

In Q2, LendingClub Corp’s quarterly earnings growth was a negative -94.8% while revenue growth was a negative 11.9%.

LendingClub Corp’s PE and PEG Ratio

Forward PE

5.423

Trailing PE

8.0357

PEG

-18.14

Its diluted EPS in the last 12-months stands at $0.84 per share while it has a forward price to earnings multiple of 5.423 and a PEG multiple of -18.14. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into LendingClub Corp’s profitability.

LendingClub Corp stock is trading at a EV to sales ratio of 2.94 and a EV to EBITDA ratio of 18.63. Its price to sales ratio in the trailing 12-months stood at 0.7551.

LendingClub Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$8.34 billion

Total Liabilities

$60.82 million

Operating Cash Flow

$-257898000.00

Capital Expenditure

$15.86 million

Dividend Payout Ratio

0%

LendingClub Corp ended 2024 with $8.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.34 billion while shareholder equity stood at $1.21 billion.

LendingClub Corp ended 2024 with $0 in deferred long-term liabilities, $60.82 million in other current liabilities, 1087000.00 in common stock, $-403969000.00 in retained earnings and $75.72 million in goodwill. Its cash balance stood at $1.20 billion and cash and short-term investments were $1.73 billion. The company’s total short-term debt was $6,843,535,000 while long-term debt stood at $42.51 million.

LendingClub Corp’s total current assets stands at $1.73 billion while long-term investments were $523.58 million and short-term investments were $523.58 million. Its net receivables were $0 compared to accounts payable of $60.82 million and inventory worth $0.

In 2024, LendingClub Corp's operating cash flow was $-257898000.00 while its capital expenditure stood at $15.86 million.

Comparatively, LendingClub Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6.63

52-Week High

$13.39

52-Week Low

$6.23

Analyst Target Price

$11.94

LendingClub Corp stock is currently trading at $6.63 per share. It touched a 52-week high of $13.39 and a 52-week low of $13.39. Analysts tracking the stock have a 12-month average target price of $11.94.

Its 50-day moving average was $8.15 and 200-day moving average was $8.51 The short ratio stood at 0.87 indicating a short percent outstanding of 0%.

Around 307.1% of the company’s stock are held by insiders while 8750.6% are held by institutions.