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We Analyzed the Future Direction of SLM Corporation (SLM), Here is What We Found

SLM Corporation (NASDAQ:SLM) went down by -4.35% from its latest closing price compared to the recent 1-year high of $20.75. The company’s stock price has collected -6.52% of loss in the last five trading sessions.

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 5.22 x from its present earnings ratio. Plus, the 36-month beta value for SLM is at 1.21. Opinions of the stock are interesting as 6 analysts out of 13 who provided ratings for SLM Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”

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The average price from analysts is $18.77, which is $3.12 above the current price. SLM currently public float of 248.34M and currently shorts hold a 2.01% ratio of that float. Today, the average trading volume of SLM was 1.48M shares.

SLM’s Market Performance

SLM stocks went down by -6.52% for the week, with a monthly jump of 0.06% and a quarterly performance of 2.10%, while its annual performance rate touched -20.74%. The volatility ratio for the week stands at 2.39% while the volatility levels for the past 30 days are set at 2.39% for SLM Corporation. The simple moving average for the period of the last 20 days is -3.62% for SLM stocks with a simple moving average of -2.20% for the last 200 days.

Analysts’ Opinion of SLM

Many brokerage firms have already submitted their reports for SLM stocks, with Compass Point repeating the rating for SLM by listing it as a “Neutral.” The predicted price for SLM in the upcoming period, according to Compass Point is $18 based on the research report published on November 11th of the previous year 2022.

Citigroup, on the other hand, stated in their research note that they expect to see SLM reach a price target of $17, previously predicting the price at $18. The rating they have provided for SLM stocks is “Neutral” according to the report published on October 13th, 2022.

Morgan Stanley gave a rating of “Underweight” to SLM, setting the target price at $15 in the report published on October 07th of the previous year.

SLM Trading at -4.39% 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 -22.65% of loss for the given period.

Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares sank -0.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.83% lower at present.

During the last 5 trading sessions, SLM fell by -6.52%, which changed the moving average for the period of 200-days by -12.05% in comparison to the 20-day moving average, which settled at $16.65. In addition, SLM Corporation saw -3.31% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SLM starting from Boyles Jonathan, who sale 6,140 shares at the price of $17.43 back on Mar 04. After this action, Boyles Jonathan now owns 120,766 shares of SLM Corporation, valued at $107,020 using the latest closing price.

McGarry Steven, the EVP & Chief Financial Officer of SLM Corporation, sale 15,016 shares at $19.75 during a trade that took place back on Feb 28, which means that McGarry Steven is holding 298,877 shares at $296,566 based on the most recent closing price.

Stock Fundamentals for SLM

Current profitability levels for the company are sitting at:

  • +70.92 for the present operating margin
  • +89.79 for the gross margin

The net margin for SLM Corporation stands at +49.07. Equity return is now at value 47.30, with 2.90 for asset returns.