The stock of SLM Corporation (SLM) has seen a 0.21% increase in the past week, with a -0.42% drop in the past month, and a -14.97% decrease in the past quarter. The volatility ratio for the week is 1.98%, and the volatility levels for the past 30 days are at 2.14% for SLM. The simple moving average for the last 20 days is -0.15% for SLM stock, with a simple moving average of -6.65% for the last 200 days.
Is It Worth Investing in SLM Corporation (NASDAQ: SLM) Right Now?
SLM Corporation (NASDAQ: SLM) has a price-to-earnings ratio of 9.35x that is above its average ratio. Additionally, the 36-month beta value for SLM is 1.24. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for SLM is $18.41, which is $4.15 above the current price. The public float for SLM is 223.72M and currently, short sellers hold a 3.03% ratio of that float. The average trading volume of SLM on September 18, 2023 was 1.84M shares.
SLM) stock’s latest price update
The stock price of SLM Corporation (NASDAQ: SLM) has surged by 0.07 when compared to previous closing price of 14.25, but the company has seen a 0.21% gain in its stock price over the last five trading sessions. Business Wire reported 2023-08-29 that NEWARK, Del.–(BUSINESS WIRE)–Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced CEO Jon Witter will speak at the 2023 Barclays Global Financial Services Conference in New York on Monday, Sept. 12, at 10:30 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and kno.
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 “Overweight.” The predicted price for SLM in the upcoming period, according to JP Morgan is $17 based on the research report published on April 17, 2023 of the current year 2023.
SLM Trading at -6.62% 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 -20.45% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares sank -0.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.52% lower at present.
During the last 5 trading sessions, SLM rose by +0.21%, which changed the moving average for the period of 200-days by -14.92% in comparison to the 20-day moving average, which settled at $14.28. In addition, SLM Corporation saw -14.10% 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 Jafarieh Nicolas, who sale 7,500 shares at the price of $16.12 back on Jul 31. After this action, Jafarieh Nicolas now owns 162,664 shares of SLM Corporation, valued at $120,864 using the latest closing price.
Stock Fundamentals for SLM
Current profitability levels for the company are sitting at:
- +34.11 for the present operating margin
- +83.37 for the gross margin
The net margin for SLM Corporation stands at +19.79. The total capital return value is set at 10.75, while invested capital returns managed to touch 6.24. Equity return is now at value 23.20, with 1.30 for asset returns.
Based on SLM Corporation (SLM), the company’s capital structure generated 303.14 points at debt to equity in total, while total debt to capital is 75.19. Total debt to assets is 18.17, with long-term debt to equity ratio resting at 354.71. Finally, the long-term debt to capital ratio is 75.19.
When we switch over and look at the enterprise to sales, we see a ratio of 1.40, with the company’s debt to enterprise value settled at 1.04. The receivables turnover for the company is 1.56 and the total asset turnover is 0.08.
Conclusion
In conclusion, SLM Corporation (SLM) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
