This is why OneMain Holdings Inc (OMF) Stock is one of the options for the Longer run

OneMain Holdings Inc [OMF] stock prices are up 0.24% to $54.77 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OMF shares have gain 1.00% over the last week, with a monthly amount glided 14.03%, 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:

OneMain Holdings Inc [NYSE: OMF] stock has seen the most recent analyst activity on November 13, 2024, when Stephens initiated its Overweight rating and assigned the stock a price target of $62. Previously, Barclays downgraded its rating to Equal Weight on October 08, 2024, and dropped its price target to $46. On June 07, 2024, BTIG Research initiated with a Neutral rating. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $49 on February 08, 2024. Northland Capital downgraded its rating to a Market Perform and raised its price target to $49 on January 17, 2024. Deutsche Bank started tracking with a Buy rating for this stock on January 10, 2024, and assigned it a price target of $68. In a note dated November 15, 2023, Barclays initiated an Overweight rating and provided a target price of $51 on this stock.

The stock price of OneMain Holdings Inc [OMF] has been fluctuating between $37.78 and $56.28 over the past year. Currently, Wall Street analysts expect the stock to reach $54.88 within the next 12 months. OneMain Holdings Inc [NYSE: OMF] shares were valued at $54.77 at the most recent close of the market. An investor can expect a potential return of 0.2% based on the average OMF price forecast.

Analyzing the OMF fundamentals

The OneMain Holdings Inc [NYSE:OMF] reported sales of 5.60B for trailing twelve months, representing a surge of 8.36%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.6%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.17 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.64.

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 54.27 points at the first support level, and at 53.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.36, and for the 2nd resistance point, it is at 55.94.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.17, the price to book ratio is 2.04 and price to earnings (TTM) ratio is 12.01.

Transactions by insiders

Recent insider trading involved Shulman Douglas H., President & CEO, that happened on Nov 12 ’24 when 20000.0 shares were sold. Officer, Shulman Douglas H. completed a deal on Nov 12 ’24 to buy 20000.0 shares. Meanwhile, President & CEO Shulman Douglas H. sold 5000.0 shares on Oct 30 ’24.

Related Posts