Jefferies Group analyst J. Hecht expects that the credit services provider will earn $0.01 per share for the quarter. Jefferies Group also issued estimates for OnDeck Capital's Q3 2019 earnings at $0.05 EPS and Q4 2019 earnings at $0.04 EPS. (NYSE:ONDK)'s earnings report is anticipated on May, 14., as reported by RTT. The positive are 0. The company had revenue of $90.28 million for the quarter, compared to analysts' expectations of $88.40 million. The business's quarterly revenue was down 2.8% compared to the same quarter previous year.
Several research firms have recently commented on ONDK. ValuEngine upgraded OnDeck Capital from a "sell" rating to a "hold" rating in a research report on Monday, May 7th. (NYSE:ONDK) has "Equal-Weight" rating given by Morgan Stanley. The stock rating was initiated by UBS with "Hold" on Tuesday, March 27. They issued a "neutral" rating and a $6.00 price objective for the company. On Deck Capital had 5 analyst reports since January 10, 2018 according to SRatingsIntel. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. On Tuesday, February 13 Jefferies maintained the shares of ONDK in report with "Hold" rating.
OnDeck Capital opened at $5.99 on Friday, MarketBeat reports. The company has a current ratio of 28.81, a quick ratio of 25.41 and a debt-to-equity ratio of 2.76. OnDeck Capital has a 1-year low of $3.29 and a 1-year high of $6.36. The institutional investor owned 452,577 shares of the credit services provider's stock after purchasing an additional 48,252 shares during the period. Finally, Citadel Advisors LLC raised its holdings in shares of OnDeck Capital by 21.3% during the fourth quarter. On Wednesday, January 10 the stock of On Deck Capital, Inc. Ellington Management Group LLC purchased a new position in shares of OnDeck Capital during the fourth quarter valued at approximately $169,000. Dimensional Fund Advisors LP raised its holdings in shares of OnDeck Capital by 110.8% during the third quarter.
On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia.The firm is valued at $444.88 million. It offers term loans and lines of credit.now it has negative earnings. The company was incorporated in 2006 and is headquartered in New York, New York.