Does Wall Street Rate SLM Corporation (SLM) Shares A Sell?

At the last check on Friday, SLM Corporation’s (NASDAQ:SLM) stock was up $0.49, moving up 3.07 percent to $16.45. The average number of shares traded per day over the past five days has been 3,480,934 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.46 fall in that time frame. In the last twenty days, the average volume was 2,775,398, while in the previous 50 days, it was 2,758,533.

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Since last month, SLM stock retreated -4.55%. Shares of the company fell to $15.34 on 05/12/22, the lowest level in the past month. A 52-week high of $21.40 was reached on 01/13/22 after having rallying from a 52-week low of $15.34. Since the beginning of this year, SLM’s stock price has dropped by -18.86% or -$3.13, and marked a new high 8 times. However, the stock has declined by -23.13% since its 52-week high.

SLM Corporation (SLM) last reported insider trading activity 70 days ago on Mar 04. Boyles Jonathan, the SVP & Controller of the company, disposed of 6,140 shares for $17.43 on Mar 04. It resulted in a $107,020 divestment by the insider. McGarry Steven sold 15,016 shares at an average price of $19.75 on Feb 28. The insider now owns 298,877 shares following the transaction. On Feb 25, EVP & Chief Financial Officer McGarry Steven sold 22,834 shares at $19.89 apiece. The transaction was valued at $454,212.

Valuation Metrics

Right now, SLM Corporation (SLM) has a P/E ratio of about 7.35. The stock’s beta is 1.22. Besides these, the trailing price-to-sales (P/S) ratio of 2.42, the price-to-book (PB) ratio of 2.47.

The latest dividend of $0.11 per share was paid out, remained unchanged from last year’s $0.11. On Wednesday October 20 2021, a $0.08 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 3.10, and the total debt-to-equity ratio was 3.10. In the year ended March 30, operating margins totaled 63.60%. Based on annual data, SLM earned $1.39 billion in gross profit and brought in $1.78 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 13.40%. Return on equity (ROE) for the past 12 months was 33.80%.

In SLM Corporation’s quarter-end financial report for March 30, it reported total debt of $5.55 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected SLM Corporation to report $0.82 quarterly earnings, the actual figure was $0.46 per share, beating the consensus estimate by -43.90%. The value of shareholders’ equity is $271.08 million.

Technical Picture

This quick technical analysis looks at SLM Corporation’s (SLM) price momentum. With a historical volatility rate of 49.64%, the RSI 9-day stood at 47.09% on 12 May.

With respect to its five-day moving average, the current SLM Corporation price is down by -2.71% percent or -$0.46. At present, SLM shares trade -1.61% below its 20-day simple moving average and -6.24% percent below its 100-day simple moving average. However, the stock is currently trading approximately -10.84% below its SMA50 and -12.90% below its SMA200.

Stochastic coefficient K was 21.53% and Stochastic coefficient D was 13.23%, while ATR was 0.68. Given the Stochastic reading of 41.52% for the 14-day period, the RSI (14) reading has been calculated as 45.92%. As of today, the MACD Oscillator reading stands at -0.62, while the 14-day reading stands at -0.62.

Analyst Ratings

SLM Corporation downgraded its rating on SLM Corporation (NASDAQ: SLM) to an Equal-weight in a note to investors on April 18, 2022. The analysts firm previously had an Overweight rating on the stock.SLM Corporation (SLM) has been rated Overweight by analysts. According to 0 brokerage firms, SLM is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate SLM Corporation stock as buy, with 7 recommending it as overweight.

With a median target price of $23.00, the current consensus forecast for the stock is $19.00 – $27.00. Based on these forecasts, analysts predict SLM Corporation (SLM) will achieve an average price target of $22.73.


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