HAPN
VENTE TOTALE: 59 557 titres (~1 151 714,87 $ US)
- Insiders
- Selleck Erin, Sanborn Scott
- Total bought
- —
- Total sold
- $1,151,715
- Last activity
- 2026-09-04
- Last synced
-
2026-09-10 10:26:50
Insider holdings as a share of total assets aren't available for this company.
Price (1 year)
Live chart from TradingView - pulls its own market data, independent of this site's database. Symbol resolution is best-effort (defaults to NASDAQ) since we don't store the exchange prefix.
Market snapshot
Signal
Bearish signal Scored 2026-09-01
HAPN presents a dangerous combination of critically low liquidity (current ratio of 0.098) and persistent negative cash flows that severely undermine its otherwise improving profitability margins.
The first sentence of the analysis written for HAPN on 2026-09-01 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 64.7% | 52.4% | 54.7% | 72.4% | 75.7% | |
| Ebit Margin | 22.9% | 5.6% | 4.8% | 12.1% | 2.1% | |
| Ebitda Margin | 27.7% | 10.2% | 9.0% | 15.5% | 7.0% | |
| Operating Profit Margin | 25.0% | 5.6% | 4.8% | 12.1% | 2.1% | |
| Pretax Profit Margin | 13.3% | 5.6% | 4.8% | 12.1% | 2.1% | |
| Continuous Operations Profit Margin | 10.2% | 4.4% | 3.4% | 22.8% | 2.1% | |
| Net Profit Margin | 10.2% | 4.4% | 3.4% | 22.8% | 2.1% | |
| Bottom Line Profit Margin | 10.2% | 4.4% | 3.4% | 22.8% | 2.1% | |
| Current Ratio | 0.098 | 0.488 | 0.397 | 0.245 | 0.337 | |
| Quick Ratio | 0.098 | 0.488 | 0.397 | 0.245 | 0.337 | |
| Solvency Ratio | 0.020 | 0.011 | 0.011 | 0.049 | 0.016 | |
| Cash Ratio | 0.092 | 0.104 | 0.169 | 0.163 | 0.210 | |
| Price To Earnings Ratio | 16.051 | 35.196 | 24.278 | 3.143 | 127.263 | |
| Price To Earnings Growth Ratio | 0.103 | 1.267 | -0.279 | 0.002 | -1.166 | |
| Forward Price To Earnings Growth Ratio | 0.103 | 1.267 | -0.279 | 0.002 | -1.166 | |
| Price To Earnings Diluted Ratio | 16.470 | 35.978 | 24.278 | 3.154 | 134.333 | |
| Price To Earnings Diluted Growth Ratio | 0.106 | 1.439 | -0.279 | 0.002 | -1.236 | |
| Price To Book Ratio | 1.456 | 1.348 | 0.757 | 0.783 | 2.791 | |
| Price To Sales Ratio | 1.637 | 1.558 | 0.835 | 0.718 | 2.641 | |
| Price To Free Cash Flow Ratio | -0.762 | -0.673 | -0.793 | 2.977 | 11.550 | |
| Price To Operating Cash Flow Ratio | -0.801 | -0.687 | -0.834 | 2.426 | 9.893 | |
| Debt To Assets Ratio | 0.001 | 0.003 | 0.006 | 0.026 | 0.088 | |
| Debt To Equity Ratio | 0.011 | 0.021 | 0.046 | 0.181 | 0.506 | |
| Debt To Capital Ratio | 0.010 | 0.021 | 0.044 | 0.153 | 0.336 | |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | 0.015 | 0.101 | 0.268 | |
| Financial Leverage Ratio | 7.710 | 7.923 | 7.052 | 6.854 | 5.763 | |
| Working Capital Turnover Ratio | -0.195 | -0.253 | -0.242 | -0.359 | -1.101 | |
| Operating Cash Flow Ratio | -0.275 | -0.287 | -0.153 | 0.058 | 0.073 | |
| Operating Cash Flow Sales Ratio | -2.043 | -2.269 | -1.001 | 0.296 | 0.267 | |
| Free Cash Flow Operating Cash Flow Ratio | 1.051 | 1.021 | 1.052 | 0.815 | 0.857 | |
| Debt Service Coverage Ratio | 0.978 | 0.280 | 0.318 | 3.918 | 0.583 | |
| Interest Coverage Ratio | 0.994 | 0.174 | 0.202 | 1.855 | 0.231 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 143.401 | 8.635 | |
| Operating Cash Flow Coverage Ratio | -172.308 | -92.421 | -19.863 | 1.787 | 0.558 | |
| Capital Expenditure Coverage Ratio | -19.431 | -48.510 | -19.100 | 5.405 | 6.970 | |
| Dividend Paid And Capex Coverage Ratio | -19.431 | -48.510 | -19.100 | 5.405 | 6.970 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 3.467 | 7.463 | -2.429 | 0.327 | 33.731 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 64.7% | ▲12.3% | ▲0.7% |
| Ebit Margin | 22.9% | ▲17.3% | ▲13.5% |
| Ebitda Margin | 27.7% | ▲17.5% | ▲13.8% |
| Operating Profit Margin | 25.0% | ▲19.4% | ▲15.1% |
| Pretax Profit Margin | 13.3% | ▲7.6% | ▲5.7% |
| Continuous Operations Profit Margin | 10.2% | ▲5.7% | ▲1.6% |
| Net Profit Margin | 10.2% | ▲5.7% | ▲1.6% |
| Bottom Line Profit Margin | 10.2% | ▲5.7% | ▲1.6% |
| Current Ratio | 0.098 | ▼-0.390 | ▼-0.215 |
| Quick Ratio | 0.098 | ▼-0.390 | ▼-0.215 |
| Solvency Ratio | 0.020 | ▲0.009 | ▼-0.002 |
| Cash Ratio | 0.092 | ▼-0.012 | ▼-0.055 |
| Price To Earnings Ratio | 16.051 | ▼-19.145 | ▼-25.135 |
| Price To Earnings Growth Ratio | 0.102 | ▼-1.165 | ▲0.117 |
| Forward Price To Earnings Growth Ratio | 0.102 | ▼-1.165 | ▲0.117 |
| Price To Earnings Diluted Ratio | 16.470 | ▼-19.508 | ▼-26.373 |
| Price To Earnings Diluted Growth Ratio | 0.106 | ▼-1.333 | ▲0.099 |
| Price To Book Ratio | 1.456 | ▲0.108 | ▲0.029 |
| Price To Sales Ratio | 1.637 | ▲0.078 | ▲0.159 |
| Price To Free Cash Flow Ratio | -0.762 | ▼-0.089 | ▼-3.222 |
| Price To Operating Cash Flow Ratio | -0.801 | ▼-0.114 | ▼-2.800 |
| Debt To Assets Ratio | 0.001 | ▼-0.001 | ▼-0.024 |
| Debt To Equity Ratio | 0.011 | ▼-0.011 | ▼-0.142 |
| Debt To Capital Ratio | 0.010 | ▼-0.010 | ▼-0.102 |
| Long Term Debt To Capital Ratio | 0.000 | 0.000 | ▼-0.077 |
| Financial Leverage Ratio | 7.710 | ▼-0.213 | ▲0.649 |
| Working Capital Turnover Ratio | -0.196 | ▲0.058 | ▲0.235 |
| Operating Cash Flow Ratio | -0.275 | ▲0.013 | ▼-0.158 |
| Operating Cash Flow Sales Ratio | -2.043 | ▲0.226 | ▼-1.093 |
| Free Cash Flow Operating Cash Flow Ratio | 1.052 | ▲0.031 | ▲0.092 |
| Debt Service Coverage Ratio | 0.979 | ▲0.699 | ▼-0.237 |
| Interest Coverage Ratio | 0.994 | ▲0.820 | ▲0.303 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | ▼-30.407 |
| Operating Cash Flow Coverage Ratio | -172.308 | ▼-79.887 | ▼-115.858 |
| Capital Expenditure Coverage Ratio | -19.431 | ▲29.079 | ▼-4.498 |
| Dividend Paid And Capex Coverage Ratio | -19.431 | ▲29.079 | ▼-4.498 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 3.467 | ▼-3.996 | ▼-5.045 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $2.18B | $1.81B | $948.0M | $911.2M | $2.37B | |
| Enterprise value | $1.28B | $883.4M | -$247.3M | $64.4M | $2.12B | |
| EV / Sales | 0.96x | 0.76x | -0.22x | 0.05x | 2.35x | |
| EV / Op. cash flow | -0.47x | -0.34x | 0.22x | 0.17x | 8.82x | |
| EV / Free cash flow | -0.45x | -0.33x | 0.21x | 0.21x | 10.30x | |
| EV / EBITDA | 3.47x | 7.46x | -2.43x | 0.33x | 33.73x | |
| Net debt / EBITDA | -2.44x | -7.82x | -11.74x | -4.30x | -4.10x | |
| Current ratio | 0.10x | 0.49x | 0.40x | 0.24x | 0.34x | |
| Income quality | -20.10x | -51.32x | -29.19x | 1.30x | 12.91x | |
| Graham number | $19 | $11 | $10 | $27 | $6 | |
| Graham net-net | -$79 | -$43 | -$43 | -$51 | -$30 | |
| Tax burden | 76.7% | 78.9% | 71.3% | 189.3% | 100.7% | |
| Interest burden | 57.8% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Working capital | -$8.96B | -$4.70B | -$4.47B | -$4.90B | -$2.16B | |
| Invested capital | -$8.61B | -$4.43B | -$4.20B | -$4.61B | -$1.82B | |
| Return on assets | 1.2% | 0.5% | 0.4% | 3.6% | 0.4% | |
| Operating ROA | 3.0% | 0.7% | 0.6% | 2.4% | 0.5% | |
| Return on tangible assets | 1.2% | 0.5% | 0.4% | 3.7% | 0.4% | |
| Return on equity | 9.0% | 3.8% | 3.1% | 24.9% | 2.2% | |
| Return on invested capital | 15.7% | 3.5% | 2.8% | 10.3% | 1.1% | |
| Return on capital employed | 20.4% | 4.5% | 3.9% | 10.3% | 1.1% | |
| Earnings yield | 6.2% | 2.8% | 4.1% | 31.8% | 0.8% | |
| Free cash flow yield | -131.3% | -148.6% | -126.2% | 33.6% | 8.7% | |
| Capex / Op. cash flow | -5.1% | -2.1% | -5.2% | 18.5% | 14.3% | |
| Capex / Depreciation | 223.2% | 101.9% | 126.1% | 158.5% | 77.7% | |
| Capex / Sales | 10.5% | 4.7% | 5.2% | 5.5% | 3.8% | |
| SG&A / Sales | 29.3% | 28.6% | 31.3% | 42.3% | 49.5% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 2.6% | 3.5% | 4.6% | 5.2% | 7.4% | |
| Intangibles / Total assets | 0.7% | 0.8% | 1.0% | 1.2% | 3.4% | |
| Days sales outstanding | 12d | 13d | 12d | 55d | 61d | |
| Days payables outstanding | 68d | 52d | 39d | 102d | 168d | |
| Operating cycle | 12d | 13d | 12d | 55d | 61d | |
| Cash conversion cycle | -56d | -39d | -27d | -47d | -108d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Valuation
Market cap ▲+20.8%EV / Sales ▲+26.3%EV / EBITDA ▼-53.5%EV / Op. cash flow ▼-0.135Earnings yield ▲+0.034Graham number ▲+7.415
Profitability
Return on equity ▲+0.052Return on assets ▲+0.007Return on invested capital ▲+0.121Return on capital employed ▲+0.160Operating ROA ▲+0.023Income quality ▲+31.220Tax burden ▼-0.022
Efficiency
Days sales outstanding ▼-0.688Days payables outstanding ▲+16.044Operating cycle ▼-0.688Cash conversion cycle ▼-16.732Capex / Sales ▲+0.058R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.389Net debt / EBITDA ▲+5.381Working capital ▼-4260013000.000Invested capital ▼-4182986000.000Intangibles / Total assets ▼-0.001
Change over 5 years
Valuation
Market cap ▼-7.9%EV / Sales ▼-59.2%EV / EBITDA ▼-89.7%EV / Op. cash flow ▼-9.291Earnings yield ▲+0.054Graham number ▲+12.481
Profitability
Return on equity ▲+0.069Return on assets ▲+0.008Return on invested capital ▲+0.145Return on capital employed ▲+0.193Operating ROA ▲+0.025Income quality ▼-33.009Tax burden ▼-0.241
Efficiency
Days sales outstanding ▼-48.573Days payables outstanding ▼-100.750Operating cycle ▼-48.573Cash conversion cycle ▲+52.177Capex / Sales ▲+0.067R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.239Net debt / EBITDA ▲+1.661Working capital ▼-6794053000.000Invested capital ▼-6786467000.000Intangibles / Total assets ▼-0.027
Employee count
Peer market caps
Congressional trades
No congressional trade data synced.
Recent news
- 2026-08-24 Wall Street Analysts Think Happen (HAPN) Could Surge 27.9%: Read This Before Placing a Bet The consensus price target hints at a 27.9% upside potential for Happen (HAPN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 2026-08-16 Happen Bank Is Crushing SoFi This Year. Here''s the Reason Why It''s Still the Better Buy. Happen Bank, formerly known as LendingClub, has crushed SoFi''s performance this year. The relative stock performance is backed up by financial fundamentals.
- 2026-08-10 Lendingclub (NASDAQ:HAPN) CEO Sells $591,100.00 in Stock Lendingclub Corp (NASDAQ: HAPN - Get Free Report) CEO Scott Sanborn sold 28,750 shares of the firm''s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $20.56, for a total value of $591,100.00. Following the completion of the sale, the chief executive officer owned 1,478,563 shares of the
- 2026-07-27 Happen Bank: Full Steam Ahead As Net Interest Income Soars Happen Bank, formerly LendingClub, stands out as a compelling mid-cap growth opportunity amid fading AI infrastructure momentum. HAPN''s successful rebrand and transition to a full-scale digital bank positions it for differentiated growth uncorrelated to the data center cycle. The company delivered a strong Q2 beat-and-raise, underscoring operational momentum and execution strength.
- 2026-07-27 Happen, Inc. (HAPN) Q2 2026 Earnings Call Transcript Happen, Inc. (HAPN) Q2 2026 Earnings Call Transcript
- 2026-07-27 Happen''s Digital Banking Push Helps Deposits Jump 18% The clearest evidence of LendingClub''s new incarnation into a full-scale digital bank can be measured not merely in another jump in personal loan volume, but what happened (pun intended) after borrowers arrived. Happen Bank ended the quarter with $10.
- 2026-07-27 Happen (HAPN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates Although the revenue and EPS for Happen (HAPN) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 2026-07-27 Happen (HAPN) Surpasses Q2 Earnings and Revenue Estimates Happen (HAPN) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.33 per share a year ago.
- 2026-07-27 Happen, Inc. Reports Second Quarter 2026 Results Record $75.7 Million Pre-Tax Income, 15.1% ROE, and 15.9% ROTCE Grew Originations 29% Year-over-Year; Increased Diluted EPS 52% Year-over-Year to $0.50 Successfully Rebranded to Happen Bank (Nasdaq: HAPN) from LendingClub SAN FRANCISCO, July 27, 2026 /PRNewswire/ -- Happen, Inc. (Nasdaq: HAPN), parent company of Happen Bank, a digital bank built for the Motivated Middle, today announced financial results for the second quarter ended June 30, 2026. "Happen delivered a standout quarter, growing originations 29% year-over-year to $3.1 billion, while producing record pre-tax income of $75.7 million and a return on tangible common equity of 15.9%," said Scott Sanborn, CEO, Happen, Inc. "This is our first quarter operating under the Happen Bank brand, and our results demonstrate exactly what the brand represents: forward momentum.
- 2026-07-23 Happen, Inc.: Looks A Bit Pricey Now (Rating Downgrade) Happen, Inc. has surged 83% since April 2025, outperforming the S&P 500 and prompting a reassessment of its valuation. I now rate Happen as a Hold due to its elevated 1.5x tangible book value and highest forward P/E among peers, reducing near-term upside. The recent rebrand, Nasdaq listing, and entry into home improvement lending signal strategic growth, but valuation concerns temper enthusiasm.