At the time of writing, Green Dot Corp. [GDOT] stock is trading at $11.68, up 10.61%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GDOT shares have gain 4.57% over the last week, with a monthly amount glided 31.98%, 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.
For the past year, the stock price of Green Dot Corp. fluctuated between $7.30 and $14.83. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Green Dot Corp. [NYSE: GDOT] shares were valued at $11.68 at the most recent close of the market. An investor can expect a potential return of 114.04% based on the average GDOT price forecast.
Analyzing the GDOT fundamentals
According to Green Dot Corp. [NYSE:GDOT], the company’s sales were 1.58B for trailing twelve months, which represents an 11.27% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.06 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 10.95 points at the first support level, and at 10.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.09, and for the 2nd resistance point, it is at 12.51.
Ratios To Look Out For
It is important to note that Green Dot Corp. [NYSE:GDOT] has a current ratio of 0.52. Also, the Quick Ratio is 0.52, while the Cash Ratio stands at 0.28. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 0.72.
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 Principal Co LP completed a deal on Mar 06 ’24 to sell 0.15 million shares. Meanwhile, Starboard Principal Co LP sold 75729.0 shares on Mar 08 ’24.
