Daily High to Daily Low: Is It Safe to Buy SLM Corporation (SLM)?


SLM Corporation (NASDAQ:SLM) went up by 1.19% from its latest closing price compared to the recent 1-year high of $12.32. The company’s stock price has collected -0.85% of loss in the last five trading sessions. Press Release reported on 10/21/20 that Sallie Mae Reports Third-Quarter 2020 Financial Results

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Is It Worth Investing in SLM Corporation (NASDAQ :SLM) Right Now?

SLM Corporation (NASDAQ:SLM) scored a price-to-earnings ratio above its average ratio, recording 7.49 x from its present earnings ratio. Plus, the 36-month beta value for SLM is at 1.47. Opinions of the stock are interesting as 8 analysts out of 11 who provided ratings for SLM Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $11.27, which is $0.55 above the current price. SLM currently public float of 371.70M and currently shorts hold a 3.99% ratio of that float. Today, the average trading volume of SLM was 4.39M shares.

SLM’s Market Performance

SLM stocks went down by -0.85% for the week, with a monthly jump of 20.31% and a quarterly performance of 34.10%, while its annual performance rate touched 3.43%. The volatility ratio for the week stands at 2.78% while the volatility levels for the past 30 days are set at 2.93% for SLM Corporation. The simple moving average for the period of the last 20 days is 8.23% for SLM stocks with a simple moving average of 14.46% for the last 200 days.

Analysts’ Opinion of SLM

Many brokerage firms have already submitted their reports for SLM stocks, with JP Morgan repeating the rating for SLM by listing it as a “Neutral.” The predicted price for SLM in the upcoming period, according to JP Morgan is $7.50 based on the research report published on July 15th of the current year 2020.

BMO Capital Markets, on the other hand, stated in their research note that they expect to see SLM reach a price target of $9, previously predicting the price at $12. The rating they have provided for SLM stocks is “Market Perform” according to the report published on May 15th, 2020.

SLM Trading at 16.81% from the 50-Day Moving Average

After a stumble in the market that brought SLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.03% of loss for the given period.

Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 2.78%, as shares surge +20.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.69% upper at present.

During the last 5 trading sessions, SLM fell by -0.85%, which changed the moving average for the period of 200-days by +8.33% in comparison to the 20-day moving average, which settled at $8.73. In addition, SLM Corporation saw 5.05% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SLM starting from GOODE EARL A, who sale 7,323 shares at the price of $11.24 back on Jan 27. After this action, GOODE EARL A now owns 128,365 shares of SLM Corporation, valued at $82,280 using the latest closing price.

Stock Fundamentals for SLM

Current profitability levels for the company are sitting at:

  • +31.30 for the present operating margin
  • +76.33 for the gross margin

The net margin for SLM Corporation stands at +24.34. The total capital return value is set at 9.78, while invested capital returns managed to touch 7.75. Equity return is now at value 23.60, with 1.70 for asset returns.

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Based on SLM Corporation (SLM), the company’s capital structure generated 140.20 points at debt to equity in total, while total debt to capital is 58.37. Total debt to assets is 14.21, with long-term debt to equity ratio resting at 149.53. Finally, the long-term debt to capital ratio is 54.73.

When we switch over and look at the enterrpise to sales, we see a ratio of 1.31, with the company’s debt to enterprise value settled at 1.49. The receivables turnover for the company is 1.71 and the total asset turnover is 0.08.

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