SLM Corp. (NASDAQ: SLM) kicked off on Tuesday, down -0.99% from the previous trading day, before settling in for the closing price of $21.19. Over the past 52 weeks, SLM has traded in a range of $12.26-$23.95.
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Financial Sector giant saw their annual sales surged by 9.59% over the last five years. While this was happening, its average annual earnings per share was recorded 17.12%. With a float of $213.54 million, this company’s outstanding shares have now reached $220.34 million.
The firm has a total of 1740 workers. Let’s measure their productivity. In terms of profitability, gross margin is 70.78%, operating margin of 64.78%, and the pretax margin is 39.71%.
SLM Corp. (SLM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Credit Services Industry. The insider ownership of SLM Corp. is 1.80%, while institutional ownership is 100.52%. The most recent insider transaction that took place on Aug 01 ’24, was worth 102,150. In this transaction Director of this company sold 4,500 shares at a rate of $22.70, taking the stock ownership to the 101,093 shares. Before that another transaction happened on Aug 01 ’24, when Company’s Director proposed sale 4,500 for $22.67, making the entire transaction worth $102,012.
SLM Corp. (SLM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 17.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.58% during the next five years compared to 17.55% growth over the previous five years of trading.
SLM Corp. (NASDAQ: SLM) Trading Performance Indicators
Take a look at SLM Corp.’s (SLM) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.22, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 2.95 in one year’s time.
Technical Analysis of SLM Corp. (SLM)
Analysing the last 5-days average volume posted by the [SLM Corp., SLM], we can find that recorded value of 1.07 million was lower than the volume posted last year of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 84.24%. Additionally, its Average True Range was 0.55.
During the past 100 days, SLM Corp.’s (SLM) raw stochastic average was set at 34.87%, which indicates a significant decrease from 45.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.40% in the past 14 days, which was higher than the 26.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.35, while its 200-day Moving Average is $19.85. Now, the first resistance to watch is $21.17. This is followed by the second major resistance level at $21.35. The third major resistance level sits at $21.52. If the price goes on to break the first support level at $20.82, it is likely to go to the next support level at $20.65. Should the price break the second support level, the third support level stands at $20.47.
SLM Corp. (NASDAQ: SLM) Key Stats
The company with the Market Capitalisation of 4.56 billion has total of 219,716K Shares Outstanding. Its annual sales at the moment are 2,839 M in contrast with the sum of 581,390 K annual income. Company’s last quarter sales were recorded 783,280 K and last quarter income was 251,990 K.
