SLM Corp (NASDAQ: SLM) on Tuesday, plunged -1.36% from the previous trading day, before settling in for the closing price of $24.20. Within the past 52 weeks, SLM’s price has moved between $13.93 and $24.59.
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A company in the Financial sector has jumped its sales by 9.59% annually for the last half of the decade. The company achieved an average annual earnings per share of 13.40%. With a float of $208.98 million, this company’s outstanding shares have now reached $220.34 million.
In an organization with 1740 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 70.38%, operating margin of 52.1%, and the pretax margin is 36.06%.
SLM Corp (SLM) Insider and Institutional Ownership
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of SLM Corp is 1.58%, while institutional ownership is 98.37%. The most recent insider transaction that took place on Nov 01 ’24, was worth 99,505. In this transaction Director of this company sold 4,500 shares at a rate of $22.11, taking the stock ownership to the 87,630 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Director proposed sale 4,500 for $22.08, making the entire transaction worth $99,367.
SLM Corp (SLM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 13.40% 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
SLM Corp (SLM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.88, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 3.00 in one year’s time.
Technical Analysis of SLM Corp (SLM)
Let’s dig in a bit further. During the last 5-days, its volume was 1.47 million. That was inferior than the volume of 1.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.68%. Additionally, its Average True Range was 0.67.
During the past 100 days, SLM Corp’s (SLM) raw stochastic average was set at 86.15%, which indicates a significant increase from 79.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.28% in the past 14 days, which was higher than the 34.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.62, while its 200-day Moving Average is $21.46. However, in the short run, SLM Corp’s stock first resistance to watch stands at $24.12. Second resistance stands at $24.37. The third major resistance level sits at $24.53. If the price goes on to break the first support level at $23.71, it is likely to go to the next support level at $23.55. The third support level lies at $23.30 if the price breaches the second support level.
SLM Corp (NASDAQ: SLM) Key Stats
Market capitalization of the company is 5.07 billion based on 212,330K outstanding shares. Right now, sales total 2,839 M and income totals 581,390 K. The company made 677,160 K in profit during its latest quarter, and -45,150 K in sales during its previous quarter.
