At the time of writing, SLM Corp [SLM] stock is trading at $29.95, up 3.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The SLM shares have gain 4.36% over the last week, with a monthly amount glided 6.32%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SLM Corp [NASDAQ: SLM] stock has seen the most recent analyst activity on December 09, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also boosted its price target to $30 from $27. Previously, BofA Securities started tracking the stock with Buy rating on September 25, 2024, and set its price target to $27. On January 16, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $23 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $25 on January 10, 2024. JP Morgan downgraded its rating to a Neutral and raised its price target to $20 on January 04, 2024. Wells Fargo upgraded its rating to Overweight for this stock on December 08, 2023, and upped its price target to $20. In a note dated November 15, 2023, Barclays initiated an Overweight rating and provided a target price of $16 on this stock.
For the past year, the stock price of SLM Corp fluctuated between $18.84 and $31.49. Currently, Wall Street analysts expect the stock to reach $26.33 within the next 12 months. SLM Corp [NASDAQ: SLM] shares were valued at $29.95 at the most recent close of the market. An investor can expect a potential drop of -12.09% based on the average SLM price forecast.
Analyzing the SLM fundamentals
According to SLM Corp [NASDAQ:SLM], the company’s sales were 3.02B for trailing twelve months, which represents an -6.69% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.83.
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 29.48 points at the first support level, and at 29.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.20, and for the 2nd resistance point, it is at 30.46.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.10, the price to book ratio is 3.30 and price to earnings (TTM) ratio is 11.28.
Transactions by insiders
Recent insider trading involved Strong Robert S., Director, that happened on Jan 28 ’25 when 40000.0 shares were sold. Director, Strong Robert S. completed a deal on Jan 28 ’25 to buy 40000.0 shares. Meanwhile, Director Strong Robert S. sold 4500.0 shares on Dec 02 ’24.
