A new trading day began on Monday, with SLM Corp (NASDAQ: SLM) stock price down -1.52% from the previous day of trading, before settling in for the closing price of $21.70. SLM’s price has ranged from $13.52 to $23.95 over the past 52 weeks.
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Annual sales at Financial sector company grew by 9.59% over the past five years. Meanwhile, its annual earnings per share averaged 13.93%. With a float of $209.06 million, this company’s outstanding shares have now reached $220.34 million.
Let’s look at the performance matrix of the company that is accounted for 1740 employees. In terms of profitability, gross margin is 70.38%, operating margin of 65.2%, and the pretax margin is 36.06%.
SLM Corp (SLM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of SLM Corp is 1.54%, while institutional ownership is 105.71%. The most recent insider transaction that took place on Nov 01 ’24, was worth 99,367. Before that another transaction happened on Oct 01 ’24, when Company’s Director sold 4,500 for $22.72, making the entire transaction worth $102,230. This insider now owns 92,130 shares in total.
SLM Corp (SLM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 13.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.18% during the next five years compared to 17.55% growth over the previous five years of trading.
SLM Corp (NASDAQ: SLM) Trading Performance Indicators
Here are SLM Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.88, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 3.00 in one year’s time.
Technical Analysis of SLM Corp (SLM)
SLM Corp (NASDAQ: SLM) saw its 5-day average volume 1.69 million, a negative change from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 17.25%. Additionally, its Average True Range was 0.59.
During the past 100 days, SLM Corp’s (SLM) raw stochastic average was set at 43.42%, which indicates a significant increase from 10.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.16% in the past 14 days, which was lower than the 28.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.03, while its 200-day Moving Average is $21.23. Nevertheless, the first resistance level for the watch stands at $21.74 in the near term. At $22.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.43. If the price goes on to break the first support level at $21.05, it is likely to go to the next support level at $20.73. Assuming the price breaks the second support level, the third support level stands at $20.36.
SLM Corp (NASDAQ: SLM) Key Stats
With a market capitalization of 4.47 billion, the company has a total of 212,330K Shares Outstanding. Currently, annual sales are 2,839 M while annual income is 581,390 K. The company’s previous quarter sales were 677,160 K while its latest quarter income was -45,150 K.
