Green Dot Corp. [GDOT] stock prices are up 6.64% to $12.52 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GDOT shares have gain 13.30% over the last week, with a monthly amount glided 16.36%, and seem to be holding up well over a long-time horizon.
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
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.
The stock price of Green Dot Corp. [GDOT] has been fluctuating between $7.30 and $14.54 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Green Dot Corp. [NYSE: GDOT] shares were valued at $12.52 at the most recent close of the market. An investor can expect a potential return of 99.68% based on the average GDOT price forecast.
Analyzing the GDOT fundamentals
The Green Dot Corp. [NYSE:GDOT] reported sales of 1.58B for trailing twelve months, representing a surge of 11.27%. 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. 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 12.02 points at the first support level, and at 11.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.88, and for the 2nd resistance point, it is at 13.23.
Ratios To Look Out For
It’s worth pointing out that Green Dot Corp. [NYSE:GDOT]’s Current Ratio is 0.52. On the other hand, the Quick Ratio is 0.52, and the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.43, the price to book ratio is 0.77.
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.
