SLM Corporation (NASDAQ:SLM) shares traded -3.2% down during most recent session to reach at the closing price of $9.99. The stock exchanged hands 2.47 Million shares versus average trading capacity of 3.17 Million shares, yielding a market cap of $4.34 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $13.95 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have SLM Corporation (NASDAQ:SLM) high price target of $17 and with a conservative view have low price target of $12.
“Maintained” SLM Corporation (NASDAQ:SLM) in a research note issued to investors on 12/12/18 to Outperform with price target of $13.
Additionally on 7/10/18 “Initiates Coverage On” SLM Corporation (NASDAQ:SLM) to Overweight and on 5/30/18 “Maintained” the stock to Outperform at $14.3. Furthermore on 4/25/18 “Maintained” the stock to Market Perform at $14.
On the other hand the company has Relative Strength Index (RSI 14) of 42.77 along with Average True Range (ATR 14) of 0.25, Consequently SLM Corporation (NASDAQ:SLM)’s weekly and monthly volatility is 2.14%, 2.48% respectively. The company’s beta value is at 1.45.
In terms of Buy, Sell or Hold recommendations, SLM Corporation (NASDAQ:SLM) has analysts’ mean recommendation of 1.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts SLM Corporation (NASDAQ:SLM)’s minimum EPS for the current quarter is at $0.28 and can go high up to $0.33. The consensus mean EPS for the current quarter is at $0.3 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.24 earnings per share for the same quarter during last year.
Previously SLM Corporation (NASDAQ:SLM) reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.3 by $0.04. The company posted an earnings surprise of 13.3%.
SLM Corporation (NASDAQ:SLM)’s revenue estimates for the current quarter are $399.95 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $407.4 Million in contradiction of low revenue estimates of $392 Million. For the current year the company’s revenue estimates are $1.64 Billion compared to low analyst estimates of $1.61 Billion and high estimates of $1.68 Billion according to 10 number of analysts.
Currently SLM Corporation (NASDAQ:SLM)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -6.08%, as well as three-month change in the institutional ownership was recorded 0.09%.
SLM Corporation (NASDAQ:SLM)’s trailing twelve month revenues are $2.07 Billion, whereas its price to sales ratio for the same period is 2.1. Its book value per share for the most recent quarter is $6.09 while its price to book ratio for the same period is 1.64, as for as the company’s cash per share for the most recent quarter is $4.96, however its price to cash per share ratio for the same period is 2.01. The stock has 5 year expected PEG ratio of 0.62 whereas its trailing twelve month P/E ratio is 9.51.