On Tuesday, SLM Corp (NASDAQ: SLM) opened higher 1.39% from the last session, before settling in for the closing price of $27.25. Price fluctuations for SLM have ranged from $18.25 to $28.91 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 5.43% annually for the last half of the decade. Company’s average yearly earnings per share was noted 13.54% at the time writing. With a float of $209.32 million, this company’s outstanding shares have now reached $212.33 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
A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of SLM Corp is 1.42%, while institutional ownership is 97.38%. 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 13.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.46% during the next five years compared to 17.55% growth over the previous five years of trading.
SLM Corp (NASDAQ: SLM) Trading Performance Indicators
Check out the current performance indicators for SLM Corp (SLM). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91.
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 3.04 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 2.55 million. That was better than the volume of 2.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 27.06%. Additionally, its Average True Range was 0.77.
During the past 100 days, SLM Corp’s (SLM) raw stochastic average was set at 86.20%, which indicates a significant increase from 45.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.07% in the past 14 days, which was lower than the 35.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.08, while its 200-day Moving Average is $22.66. However, in the short run, SLM Corp’s stock first resistance to watch stands at $27.87. Second resistance stands at $28.11. The third major resistance level sits at $28.47. If the price goes on to break the first support level at $27.27, it is likely to go to the next support level at $26.91. The third support level lies at $26.67 if the price breaches the second support level.
SLM Corp (NASDAQ: SLM) Key Stats
There are currently 212,330K shares outstanding in the company with a market cap of 5.87 billion. Presently, the company’s annual sales total 2,839 M according to its annual income of 581,390 K. Last quarter, the company’s sales amounted to 677,160 K and its income totaled -45,150 K.
