On Deck Capital is in the financial services sector and is part of the credit services industry. The company CEO is Noah Breslow. On Deck Capital Inc along with its subsidiaries is engaged in providing financing products to small businesses located throughout the United States, including term loans and lines of credit.



Previous Intraday Performance:

The ONDK shares had a previous change of -1.44% which opened at 4.16 and closed at 4.10. It moved to an intraday high of 4.20 and a low of 4.06.

SeekingAlpha:  OnDeck’s caution is no `canary in a coal mine,’ JMP says

Historical Performance:

Over the last five trading days, ONDK shares returned -3.98% and in the past 30 trading days it returned -27.30%. Over three months, it changed -28.94%. In one year it has changed -43.45% and within that year its 52 week high was 9.41 and its 52 week low was 3.90. ONDK stock is 5.13% above its 52 week low.

Our calculations result in a 200 day moving average of 6.41 and a 50 day moving average of 4.85. Right now, ONDK stock is trading -36.09% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  OnDeck’s caution is no `canary in a coal mine,’ JMP says

Liquidity:

The company has a market cap of $311.3m with 75.9m shares outstanding and a float of 72.5m shares. Trading volume was 578,891 shares and has experienced an average volume of 592,733 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for On Deck Capital was 0.34 which ended on 31st of December 2018, which according to the previous close, that is a PE of 12.06. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.07. The trailing twelve month EPS reported is 0.43 (trailing twelve month diluted EPS is 0.44).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-02-2019: 0.07
4thQtr 2018Reported 02-12-2019: 0.18
3rdQtr 2018Reported 11-06-2018: 0.12
2ndQtr 2018Reported 08-07-2018: 0.07
1stQtr 2018Reported 05-08-2018: -0.03

Base on our calculations, the intrinsic value per share is 3.82, which means it might be overvalued by -7.45%.

EPS growth is an important number as it indicates the future prospects of On Deck Capital; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 7.00% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 94.70% of institutional ownership. Short-interest was 2,232,348, which was 2.94% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.66. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 1.90.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 3.26%, profit margin is 7.97%, price-to-sales is 0.76 and price-to-book is 1.02.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 4  : Financial Safety Result
 2  : Past Performance Result
 3  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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