SLM Corporation (NASDAQ: SLM) is -23.98% lower on its value in year-to-date trading and has touched a low of $11.61 and a high of $20.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLM stock was last observed hovering at around $12.36 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $12.62, the stock is -9.48% and -18.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.33 million and changing 2.10% at the moment leaves the stock -21.11% off its SMA200. SLM registered -28.05% loss for a year compared to 6-month gain of -16.31%.
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The stock witnessed a -17.19% loss in the last 1 month and extending the period to 3 months gives it a -25.06%, and is -7.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.29% over the week and 3.27% over the month.
SLM Corporation (SLM) has around 1700 employees, a market worth around $3.24B and $2.03B in sales. Current P/E ratio is 7.42 and Fwd P/E is 4.58. Profit margin for the company is 22.60%. Distance from 52-week low is 8.65% and -37.43% from its 52-week high. The company has generated returns on investments over the last 12 months (10.30%).
SLM Corporation (SLM) Analyst Forecasts
The EPS is expected to shrink by -51.30% this year
SLM Corporation (SLM) Top Institutional Holders
The shares outstanding are 244.46M, and float is at 238.68M with Short Float at 2.32%.
SLM Corporation (SLM) Insider Activity
A total of 41 insider transactions have happened at SLM Corporation (SLM) in the last six months, with sales accounting for 24 and purchases happening 17 times.
SLM Corporation (SLM): Who are the competitors?
The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading -1.31% down over the past 12 months and Bank of America Corporation (BAC) that is -30.19% lower over the same period. Wells Fargo & Company (WFC) is -21.57% down on the 1-year trading charts.