The stock of Green Dot Corp. (GDOT) has gone up by 6.55% for the week, with a 21.69% rise in the past month and a 18.21% rise in the past quarter. The volatility ratio for the week is 3.51%, and the volatility levels for the past 30 days are 3.12% for GDOT. The simple moving average for the past 20 days is 13.39% for GDOT’s stock, with a -9.10% simple moving average for the past 200 days.
Is It Worth Investing in Green Dot Corp. (NYSE: GDOT) Right Now?
Green Dot Corp. (NYSE: GDOT) has a higher price-to-earnings ratio of 73.50x compared to its average ratio. GDOT has 36-month beta value of 0.96. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for GDOT is 50.74M, and currently, short sellers hold a 5.81% ratio of that float. The average trading volume of GDOT on May 10, 2024 was 731.36K shares.
GDOT) stock’s latest price update
Green Dot Corp. (NYSE: GDOT)’s stock price has soared by 7.47 in relation to previous closing price of 9.24. Nevertheless, the company has seen a gain of 6.55% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-09 that While the top- and bottom-line numbers for Green Dot (GDOT) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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 13.75% 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 -53.53% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 3.51%, as shares surge +21.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.35% upper at present.
During the last 5 trading sessions, GDOT rose by +6.55%, which changed the moving average for the period of 200-days by -50.96% in comparison to the 20-day moving average, which settled at $8.85. In addition, Green Dot Corp. saw 0.30% 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 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 -0.06. 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 put it simply, Green Dot Corp. (GDOT) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
