Currently, Green Dot Corp [GDOT] is trading at $11.12, up 5.70%. An important factor to consider is whether the stock is rising or falling in short-term value. The GDOT shares have gain 8.17% over the last week, with a monthly amount drifted -15.11%, and not 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.
This stock has fluctuated between a low of $7.70 and a high of $13.58 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Green Dot Corp [NYSE: GDOT] shares were valued at $11.12 at the most recent close of the market. An investor can expect a potential return of 124.82% based on the average GDOT price forecast.
Analyzing the GDOT fundamentals
Trailing Twelve Months sales for Green Dot Corp [NYSE:GDOT] were 1.63B which represents 16.06% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.03%, 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 -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 10.68 points at the first support level, and at 10.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.62, and for the 2nd resistance point, it is at 12.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Green Dot Corp [NYSE:GDOT] is 0.52. On the other hand, the Quick Ratio is 0.52, and the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.64.
Transactions by insiders
Recent insider trading involved Topline Capital Management, LL, that happened on Nov 08 ’24 when 0.14 million shares were purchased., Topline Capital Management, LL completed a deal on Nov 09 ’24 to buy 43179.0 shares. Meanwhile, 10% Owner Topline Capital Partners, LP bought 0.14 million shares on Nov 08 ’24.
