SLM Corp (NASDAQ: SLM) on Tuesday, soared 0.54% from the previous trading day, before settling in for the closing price of $26.09. Within the past 52 weeks, SLM’s price has moved between $16.79 and $28.22.
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Annual sales at Financial sector company grew by 9.59% over the past five years. The company achieved an average annual earnings per share of 13.73%. With a float of $208.99 million, this company’s outstanding shares have now reached $212.33 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 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 97.39%. The most recent insider transaction that took place on Dec 02 ’24, was worth 122,625. In this transaction Director of this company sold 4,500 shares at a rate of $27.25, taking the stock ownership to the 83,130 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Director proposed sale 4,500 for $27.22, making the entire transaction worth $122,486.
SLM Corp (SLM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.73% 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 1.81.
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 3.03 in one year’s time.
Technical Analysis of SLM Corp (SLM)
SLM Corp (NASDAQ: SLM) saw its 5-day average volume 1.8 million, a negative change from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 19.29%. Additionally, its Average True Range was 0.71.
During the past 100 days, SLM Corp’s (SLM) raw stochastic average was set at 77.46%, which indicates a significant increase from 55.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.33% in the past 14 days, which was higher than the 36.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.95, while its 200-day Moving Average is $21.93. Nevertheless, the first resistance level for the watch stands at $26.43 in the near term. At $26.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.93. If the price goes on to break the first support level at $25.93, it is likely to go to the next support level at $25.64. The third support level lies at $25.43 if the price breaches the second support level.
SLM Corp (NASDAQ: SLM) Key Stats
Market capitalization of the company is 5.57 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.
