SLM Corp [SLM] stock prices are up 0.66% to $27.38 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLM shares have gain 10.14% over the last week, with a monthly amount glided 21.37%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SLM Corp [NASDAQ: SLM] stock has seen the most recent analyst activity on September 25, 2024, when BofA Securities initiated its Buy rating and assigned the stock a price target of $27. Previously, Citigroup upgraded its rating to Buy on January 16, 2024, and elevated its price target to $23. On January 10, 2024, Deutsche Bank initiated with a Buy rating and assigned a price target of $25 on the stock. JP Morgan downgraded its rating to a Neutral and increased its price target to $20 on January 04, 2024. Wells Fargo upgraded its rating to a Overweight and raised its price target to $20 on December 08, 2023. Barclays started tracking with a Overweight rating for this stock on November 15, 2023, and assigned it a price target of $16. In a note dated November 01, 2023, TD Cowen initiated an Outperform rating and provided a target price of $17.50 on this stock.
The stock price of SLM Corp [SLM] has been fluctuating between $14.03 and $28.22 over the past year. Currently, Wall Street analysts expect the stock to reach $24.29 within the next 12 months. SLM Corp [NASDAQ: SLM] shares were valued at $27.38 at the most recent close of the market. An investor can expect a potential drop of -11.29% based on the average SLM price forecast.
Analyzing the SLM fundamentals
The SLM Corp [NASDAQ:SLM] reported sales of 3.07B for trailing twelve months, representing a drop of -0.35%. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.52%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.32 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.83.
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 27.13 points at the first support level, and at 26.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.60, and for the 2nd resistance point, it is at 27.83.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.91, the price to book ratio is 3.09 and price to earnings (TTM) ratio is 9.52.
Transactions by insiders
Recent insider trading involved Strong Robert S., Director, that happened on Nov 01 ’24 when 4500.0 shares were sold. Director, Strong Robert S. completed a deal on Nov 01 ’24 to buy 4500.0 shares. Meanwhile, Director Strong Robert S. sold 4500.0 shares on Oct 01 ’24.
