Loandepot Intrinsic Value Calculation – Loandepot Inc Stock Plummets Despite Wall Street Analyst’s Hold Rating
April 30, 2023
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Loandepot ($NYSE:LDI) Inc, a financial services company, has seen its stock plummet in the past year despite Wall Street analysts giving it a Hold rating. This downward trend has been met with a Hold rating from Wall Street analysts, meaning they do not recommend the purchase or sale of the stock. The company provides customers with a suite of financing products, including mortgages, home equity loans, and refinancing options.
The company also offer clients access to broker services, credit monitoring, and other financial products. Despite the company’s success in the industry, the recent stock trend has been less than ideal, leaving many investors to question if this is an opportunity to buy or if they should wait for the stock to rebound.
Market Price
On Friday, stock in LOANDEPOT Inc faced a dramatic turn of fate, despite analysts from Wall Street keeping a ‘hold’ rating on the company’s stock. LOANDEPOT started off the day with an opening of $1.7 per share, but closed the day at $1.8, up by 4.0% from the previous day’s closing price of $1.8. The sudden plummet in stock prices is a blow to the company’s prospects and an indicator of turbulent times ahead.
Investors are increasingly wary of putting their money in LOANDEPOT, given the uncertainty surrounding the market and the company’s future prospects. This could lead to further volatility in its stock prices in the coming days. Loandepot_Inc_Stock_Plummets_Despite_Wall_Street_Analysts_Hold_Rating”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Loandepot. More…
| Total Revenues | Net Income | Net Margin |
| – | -273.02 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Loandepot. More…
| Operations | Investing | Financing |
| -1.47k | 296.78 | 1.3k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Loandepot. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.61k | 5.69k | – |
Key Ratios Snapshot
Some of the financial key ratios for Loandepot are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.8% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Loandepot Intrinsic Value Calculation
GoodWhale has conducted an analysis of LOANDEPOT’s wellbeing and determined that its intrinsic value is approximately $1.4, as calculated by our proprietary Valuation Line. This is significantly lower than the price of the stock, currently trading at $1.8, meaning it is currently overvalued by 27.1%. Loandepot_Inc_Stock_Plummets_Despite_Wall_Street_Analysts_Hold_Rating”>More…
Peers
LoanDepot Inc is a company that offers home loans and mortgage services. Its competitors include Mr. Cooper Group Inc, Australian Finance Group Ltd, and Home Point Capital Inc.
– Mr. Cooper Group Inc ($NASDAQ:COOP)
The company’s market cap is $3.1 billion as of 2022. The company is a provider of home mortgages and related services.
– Australian Finance Group Ltd ($ASX:AFG)
The market capitalization of Australian Finance Group Ltd is 472.95M as of 2022. The company is involved in providing financial services, including loans, insurance, and investment products. It operates in Australia, New Zealand, and the United Kingdom.
– Home Point Capital Inc ($NASDAQ:HMPT)
Home Point Capital Inc is a mortgage financing company that operates in the United States. The company has a market capitalization of 225.56 million as of 2022 and a return on equity of -56.88%. Home Point Capital Inc offers a variety of mortgage products and services to borrowers and lenders, including origination and servicing of single-family loans and investment securities. The company was founded in 2014 and is headquartered in Ann Arbor, Michigan.
Summary
Investing in LOANDEPOT can be a risky proposition, as the company’s stock has fallen by 42.53% over the last 12 months. Wall Street analysts have given the stock a Hold rating, indicating a neutral stance towards the company. Despite this, the stock price moved up on the same day, indicating investor optimism. It is important for those considering investing in LOANDEPOT to research the company carefully and assess their own risk tolerance before making an investment decision, as their stock could both increase and decrease in value.
