Sell-Side Recommendation in Focus for These Shares: LendingClub Corporation (NYSE:LC)

Investors might be interested in how sell-side analysts are viewing shares of LendingClub Corporation (NYSE:LC). Taking a peek at the current consensus rating, we can see that the ABR is 2.75. This average rating is provided by Zacks Research. This simplified scale ranges from one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 indicates a consensus Sell rating. In terms of the number of analysts that have the stock pegged as a Buy or Strong Buy, we note that the number is presently 1.

Investors are often trying to figure out the best way to analyze the stock market. When it comes to stock research, investors may use fundamental analysis, technical analysis, or a combination of both. Boiling down the two techniques, studying the fundamentals puts the focus on factors that may influence specific stocks, and studying the technicals puts the focus on market behavior analysis. Investors who study the fundamentals are typically trying to understand why stocks and markets move the way they do. Technical analysts are more concerned with spotting trends and trying to measure the characteristics of those trends. Some investors may prefer one method of stock research over another, but many investors may use a combination of both methods to help make sure that all the bases are covered.

Shifting gears, we can see that the current quarter EPS consensus estimate for LendingClub Corporation (NYSE:LC) is 0.04. This EPS estimate is using 4 sell-side analysts polled by Zacks Research. For the prior reporting period, the company posted a quarterly EPS of 0.03. As we move through earnings season, all eyes will be on the company to see if they can beat analyst estimates and show improvement from the last quarter. When a company reports actual earnings numbers, the surprise factor can cause a stock price to realize increased activity. Investors and analysts will be closely watching to see how the earnings results impact the stock after the next release. Many investors will decide to be cautious around earnings releases and delay buy/sell moves until after the stock price has steadied.

Viewing some popular support and resistance marks on shares of LendingClub Corporation (NYSE:LC), we can see that the 52-week high is presently $4.48, and the 52-week low is currently $2.54. When the stock is trading near the 52-week high or 52-week low, investors may be on the lookout for a potential break through the level. Looking at recent action, we can see that the stock has been trading near the $3.55 level. Investors may also want to track historical price activity. Over the past 12 weeks, the stock has changed 5.34%. Looking further back to the beginning of the calendar year, we note that shares have moved 34.98%. Over the previous 4 weeks, shares have seen a change of 15.64%. Over the last 5 trading sessions, the stock has moved 3.5%. Investors will be monitoring stock activity over the next few days to try and gauge which way the momentum is shifting.

Wall Street analysts tracking shares of LendingClub Corporation (NYSE:LC) have been closely monitor company activities and fundamentals. They often create research reports to assist with investment decisions. On a consensus basis, analysts have set a target price of $4.72 on the stock. This number may be different from the First Call consensus target estimate. Analysts that routinely cover the company may use different techniques in order to create a future target price. Because of the different methods, price targets may differ greatly from one analyst to another.  

Trying to extract profits from the stock market is not the easiest of tasks. In fact, it can be quite difficult. Amateur traders may be faced with tough challenges right out of the gate. Some traders may experience some crushing blows, and they have to figure out early on how to steady the ship. Completing all the necessary research can help the trader build a solid foundation, but when the rubber hits the road, it may take more than that just to stay afloat. Developing the proper mindset can be one of the biggest contributing factors for success in trading the stock market. This may take some time to achieve, but it may make all the difference when attempting to reach the goal of long lasting success.