loanDepot Inc. (NYSE:LDI) went down by -11.85% from its latest closing price compared to the recent 1-year high of $16.95. The company’s stock price has collected -21.71% of loss in the last five trading sessions.
Is It Worth Investing in loanDepot Inc. (NYSE :LDI) Right Now?
loanDepot Inc. (NYSE:LDI) scored a price-to-earnings ratio above its average ratio, recording 2.70 x from its present earnings ratio. Opinions of the stock are interesting as 5 analysts out of 12 who provided ratings for loanDepot Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.99, which is $2.91 above the current price. LDI currently public float of 51.21M and currently shorts hold a 4.21% ratio of that float. Today, the average trading volume of LDI was 694.46K shares.
LDI’s Market Performance
LDI stocks went down by -21.71% for the week, with a monthly drop of -32.19% and a quarterly performance of -42.51%, while its annual performance rate touched -81.83%. The volatility ratio for the week stands at 10.15% while the volatility levels for the past 30 days are set at 7.31% for loanDepot Inc.. The simple moving average for the period of the last 20 days is -25.18% for LDI stocks with a simple moving average of -58.05% for the last 200 days.
Analysts’ Opinion of LDI
Many brokerage firms have already submitted their reports for LDI stocks, with Piper Sandler repeating the rating for LDI by listing it as a “Overweight.” The predicted price for LDI in the upcoming period, according to Piper Sandler is $8 based on the research report published on January 05th of the current year 2022.
Barclays, on the other hand, stated in their research note that they expect to see LDI reach a price target of $21, previously predicting the price at $25. The rating they have provided for LDI stocks is “Equal Weight” according to the report published on April 21st, 2021.
LDI Trading at -35.58% from the 50-Day Moving Average
After a stumble in the market that brought LDI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.96% of loss for the given period.
Volatility was left at 7.31%, however, over the last 30 days, the volatility rate increased by 10.15%, as shares sank -30.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.37% lower at present.
During the last 5 trading sessions, LDI fell by -21.71%, which changed the moving average for the period of 200-days by -78.36% in comparison to the 20-day moving average, which settled at $3.13. In addition, loanDepot Inc. saw -50.42% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at LDI starting from FLANAGAN PATRICK J, who sale 75,000 shares at the price of $2.82 back on May 05. After this action, FLANAGAN PATRICK J now owns 1,125,815 shares of loanDepot Inc., valued at $211,500 using the latest closing price.
Walsh Jeff Alexander, the Sr. EVP, Chief Revenue Officer of loanDepot Inc., sale 75,000 shares at $2.82 during a trade that took place back on May 05, which means that Walsh Jeff Alexander is holding 6,772,543 shares at $211,478 based on the most recent closing price.
Stock Fundamentals for LDI
Current profitability levels for the company are sitting at:
- +19.27 for the present operating margin
- +88.87 for the gross margin
The net margin for loanDepot Inc. stands at +2.27. Equity return is now at value 20.80, with 0.90 for asset returns.