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home / news releases / ONDK - On Deck Capital: Still A Value Play


ONDK - On Deck Capital: Still A Value Play

Last August, I wrote an article on On Deck Capital, Inc. (ONDK) outlining the opportunity for value investors. It has closed some of the valuation discount since it has risen to $4.03 as of Monday's close. However, it still makes a compelling target for value investors or contrarians looking for overlooked and underappreciated stocks. Low price-to-book and price-to-earnings multiples are coupled with an earnings beat on Q3 and a boost to guidance that points to a turnaround when compared to Q2 after which the stock made its 52-week low.

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ONDK

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Stock Information

Company Name: On Deck Capital Inc.
Stock Symbol: ONDK
Market: NYSE
Website: ondeck.com

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