Company’s 36-month beta value is 3.07.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 2 as “sell.”
The public float for LDI is 67.05M, and currently, short sellers hold a 3.90% ratio of that floaft. The average trading volume of LDI on September 16, 2024 was 633.76K shares.
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LDI) stock’s latest price update
The stock of LoanDepot Inc (NYSE: LDI) has increased by 17.11 when compared to last closing price of 2.28.Despite this, the company has seen a gain of 10.79% in its stock price over the last five trading days. businesswire.com reported 2024-09-09 that IRVINE, Calif.–(BUSINESS WIRE)– #HomeMeansEverything–loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI) a leading provider of products and services that power the homeownership journey, has appointed Nancy Smith to lead its growing Colorado and Wyoming branches as Regional Vice President, In-Market Retail. “To successfully navigate today’s homebuying markets, homebuyers and real estate professionals look for mortgage partners who can provide deep local expertise and industry knowledge,” said loanDepot Executive Vice.
LDI’s Market Performance
LoanDepot Inc (LDI) has seen a 10.79% rise in stock performance for the week, with a 5.12% gain in the past month and a 44.32% surge in the past quarter. The volatility ratio for the week is 8.97%, and the volatility levels for the past 30 days are at 8.14% for LDI. The simple moving average for the past 20 days is -0.58% for LDI’s stock, with a 11.91% simple moving average for the past 200 days.
Analysts’ Opinion of LDI
Many brokerage firms have already submitted their reports for LDI stocks, with Goldman repeating the rating for LDI by listing it as a “Sell.” The predicted price for LDI in the upcoming period, according to Goldman is $3 based on the research report published on January 09, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see LDI reach a price target of $2. The rating they have provided for LDI stocks is “Neutral” according to the report published on December 06th, 2023.
LDI Trading at 16.83% 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 -28.03% of loss for the given period.
Volatility was left at 8.14%, however, over the last 30 days, the volatility rate increased by 8.97%, as shares sank -2.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +65.84% upper at present.
During the last 5 trading sessions, LDI rose by +10.79%, which changed the moving average for the period of 200-days by +50.85% in comparison to the 20-day moving average, which settled at $2.68. In addition, LoanDepot Inc saw -24.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LDI starting from Hsieh Anthony Li, who sale 480,088 shares at the price of $2.32 back on Sep 11 ’24. After this action, Hsieh Anthony Li now owns 2,463,356 shares of LoanDepot Inc, valued at $1,111,597 using the latest closing price.
Hsieh Anthony Li, the Director of LoanDepot Inc, sale 276,913 shares at $2.44 during a trade that took place back on Sep 10 ’24, which means that Hsieh Anthony Li is holding 2,943,444 shares at $676,253 based on the most recent closing price.
Stock Fundamentals for LDI
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 1.09 for the gross margin
The net margin for LoanDepot Inc stands at -0.11. The total capital return value is set at 0.05. Equity return is now at value -32.21, with -1.82 for asset returns.
Based on LoanDepot Inc (LDI), the company’s capital structure generated 0.93 points at debt to capital in total, while cash flow to debt ratio is standing at -0.14. The debt to equity ratio resting at 14.23. The interest coverage ratio of the stock is 0.85.
Currently, EBITDA for the company is 89.54 million with net debt to EBITDA at -160.54. When we switch over and look at the enterprise to sales, we see a ratio of 4.4.
Conclusion
In a nutshell, LoanDepot Inc (LDI) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
