Results 1 to 25 of 50
Threaded View
-
02-23-2016, 02:25 PM #11
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
For those that think that stock looks cheap, not sure it is unless you buy that they are purely a technology company, not a financial services company and that they'll always trade that way. Yes they've had great growth in originations, but they slashed EBITDA projections in half, despite a meaningful reduction in the loss provision. Before earnings were released (and the stock was subsequently slaughtered), they were trading at 35x 2017E EPS. Keep in mind private market multiples for companies in our space that don't trade as a tech platform are closer 4x to 8x LTM EBITDA.
Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
Similar Threads
-
On Deck - stock about to surge
By Jcoles in forum Merchant Cash AdvanceReplies: 3Last Post: 10-21-2015, 08:53 AM -
ONDK: Shareholder Rights Law Firm Johnson & Weaver Announces Investigation of ONDECK
By isaacdstern in forum Merchant Cash AdvanceReplies: 11Last Post: 07-08-2015, 12:13 AM -
What Happened to OnDeck? (ONDK)
By isaacdstern in forum Merchant Cash AdvanceReplies: 9Last Post: 06-30-2015, 12:06 PM -
time to short ONDK
By bizloanbroker in forum Merchant Cash AdvanceReplies: 23Last Post: 01-16-2015, 05:16 PM -
ondeck stock
By mcaguru in forum Merchant Cash AdvanceReplies: 10Last Post: 12-22-2014, 11:54 AM