A share price of Green Dot Corp. [GDOT] is currently trading at $9.93, up 7.47%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GDOT shares have gain 6.55% over the last week, with a monthly amount glided 21.69%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Green Dot Corp. [NYSE: GDOT] stock has seen the most recent analyst activity on December 14, 2023, when Barclays downgraded its rating to a Underweight and also revised its price target to $7 from $8. Previously, Craig Hallum downgraded its rating to Hold on November 10, 2023, and kept the price target unchanged to $14. BTIG Research started tracking the stock assigning a Neutral rating. Needham downgraded its rating to a Hold. William Blair downgraded its rating to Mkt Perform for this stock on October 17, 2022. In a note dated August 15, 2022, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $31 to $25.
Green Dot Corp. experienced fluctuations in its stock price throughout the past year between $7.30 and $21.37. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Green Dot Corp. [NYSE: GDOT] shares were valued at $9.93 at the most recent close of the market. An investor can expect a potential return of 151.76% based on the average GDOT price forecast.
Analyzing the GDOT fundamentals
Trailing Twelve Months sales for Green Dot Corp. [NYSE:GDOT] were 1.54B which represents 8.55% growth. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.45 points at the first support level, and at 8.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.17, and for the 2nd resistance point, it is at 10.42.
Green Dot Corp. [GDOT] reported earnings per share of $0.14 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.17/share, meaning a difference of -$0.03 and a surprise factor of -17.60%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.14 per share as compared to estimates of $0.21 per share, a difference of -$0.07 representing a surprise of -33.30%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Green Dot Corp. [NYSE:GDOT] is 0.50. Further, the Quick Ratio stands at 0.41, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 0.61.
Transactions by insiders
Recent insider trading involved Ruppel Christian Devin, Chief Revenue Officer, that happened on Mar 11 ’24 when 33000.0 shares were purchased., Starboard Value LP completed a deal on Mar 08 ’24 to sell 75729.0 shares. Meanwhile, Starboard Principal Co LP sold 75729.0 shares on Mar 08 ’24.
