SLM Corp [NASDAQ: SLM] closed the trading session at $27.42.
The stocks have a year to date performance of 43.41 percent and weekly performance of 14.87 percent. The stock has been moved at 33.50 percent over the last six months. The stock has performed 22.68 percent around the most recent 30 days and changed 27.18 percent over the most recent 3-months.
If compared to the average trading volume of 1.74M shares, SLM reached to a volume of 5048528 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about SLM Corp [SLM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SLM shares is $27.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SLM stock is a recommendation set at 1.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for SLM Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 25, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $14 to $23. The new note on the price target was released on January 16, 2024, representing the official price target for SLM Corp stock. Previously, the target price had yet another raise to $25, while Deutsche Bank analysts kept a Buy rating on SLM stock. On January 04, 2024, analysts increased their price target for SLM shares from 18 to 20.
The Average True Range (ATR) for SLM Corp is set at 0.81, with the Price to Sales ratio for SLM stock in the period of the last 12 months amounting to 1.90. The Price to Book ratio for the last quarter was 3.09, with the Price to Cash per share for the same quarter was set at 21.98.
SLM stock trade performance evaluation
SLM Corp [SLM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.87. With this latest performance, SLM shares gained by 22.68% in over the last four-week period, additionally plugging by 33.50% over the last 6 months – not to mention a rise of 94.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SLM stock in for the last two-week period is set at 71.97, with the RSI for the last a single of trading hit 75.63, and the three-weeks RSI is set at 69.05 for SLM Corp [SLM]. The present Moving Average for the last 50 days of trading for this stock 23.14, while it was recorded at 26.25 for the last single week of trading, and 21.63 for the last 200 days.
Earnings per share (EPS) analysis for SLM Corp [SLM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SLM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SLM Corp go to -1.18%.
SLM Corp [SLM]: Institutional Ownership
There are presently around $100.69%, or 101.78%% of SLM stock, in the hands of institutional investors. The top three institutional holders of SLM stocks are: VANGUARD GROUP INC with ownership of 31.62 million shares, which is approximately 14.3465%. IMPACTIVE CAPITAL LP, holding 19.7 million shares of the stock with an approximate value of $$409.51 million in SLM stocks shares; and IMPACTIVE CAPITAL LP, currently with $$399.0 million in SLM stock with ownership which is approximately 8.7072%.
