The stock of Green Dot Corp. (GDOT) has seen a 0.77% increase in the past week, with a 12.64% gain in the past month, and a -7.09% decrease in the past quarter. The volatility ratio for the week is 4.03%, and the volatility levels for the past 30 days are at 4.68% for GDOT. The simple moving average for the last 20 days is 7.14% for GDOT stock, with a simple moving average of -27.66% for the last 200 days.
Is It Worth Investing in Green Dot Corp. (NYSE: GDOT) Right Now?
The price-to-earnings ratio for Green Dot Corp. (NYSE: GDOT) is 67.95x, which is above its average ratio. Moreover, the 36-month beta value for GDOT is 1.04. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for GDOT is 49.91M and currently, short sellers hold a 7.23% of that float. On March 22, 2024, GDOT’s average trading volume was 727.92K shares.
GDOT) stock’s latest price update
Green Dot Corp. (NYSE: GDOT)’s stock price has increased by 2.00 compared to its previous closing price of 9.00. However, the company has seen a 0.77% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-01 that Green Dot (GDOT) witnesses weak segmental performances in fourth-quarter 2023.
Analysts’ Opinion of GDOT
Many brokerage firms have already submitted their reports for GDOT stocks, with Barclays repeating the rating for GDOT by listing it as a “Underweight.” The predicted price for GDOT in the upcoming period, according to Barclays is $7 based on the research report published on December 14, 2023 of the previous year 2023.
Craig Hallum, on the other hand, stated in their research note that they expect to see GDOT reach a price target of $14. The rating they have provided for GDOT stocks is “Hold” according to the report published on November 10th, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to GDOT, setting the target price at $20 in the report published on June 29th of the previous year.
GDOT Trading at 4.94% from the 50-Day Moving Average
After a stumble in the market that brought GDOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.04% of loss for the given period.
Volatility was left at 4.68%, however, over the last 30 days, the volatility rate increased by 4.03%, as shares surge +12.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.33% upper at present.
During the last 5 trading sessions, GDOT rose by +0.77%, which changed the moving average for the period of 200-days by -50.24% in comparison to the 20-day moving average, which settled at $8.62. In addition, Green Dot Corp. saw -7.27% 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 GDOT starting from Ruppel Christian Devin, who purchase 33,000 shares at the price of $9.06 back on Mar 11 ’24. After this action, Ruppel Christian Devin now owns 101,715 shares of Green Dot Corp., valued at $299,144 using the latest closing price.
Starboard Value LP, the of Green Dot Corp., sale 75,729 shares at $8.58 during a trade that took place back on Mar 08 ’24, which means that Starboard Value LP is holding 270,207 shares at $649,853 based on the most recent closing price.
Stock Fundamentals for GDOT
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.4 for the gross margin
The net margin for Green Dot Corp. stands at 0.0. The total capital return value is set at 0.05. Equity return is now at value 0.82, with 0.14 for asset returns.
Based on Green Dot Corp. (GDOT), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 1.45. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 14.55.
Currently, EBITDA for the company is 127.89 million with net debt to EBITDA at -5.09. When we switch over and look at the enterprise to sales, we see a ratio of -0.09. The receivables turnover for the company is 13.63for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.
Conclusion
To wrap up, the performance of Green Dot Corp. (GDOT) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
