GreenSky Inc. (NASDAQ:GSKY) changes shares on Tuesday trading session, with a change of 2.44% or $0.14 shares. The trading starts at $5.78 and closed at $5.74 throughout the day. The trading session low price was $5.78 and day high was $6.06 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 0.62 million while its average volume is 1.12M. In other hand, the GSKY market cap reached to $1.04B. While, its current target price is $3.70.
On March 20, 2020, BRIEF-Greensky Provides Business Update In Light Of Covid-19. According to the news reported on Reuters, * GREENSKY, INC. PROVIDES BUSINESS UPDATE IN LIGHT OF COVID-19
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 10.11% and up 18.07% for month. Its quarterly performance was 33.64% above, while its half year performance is down -38.81%. GSKY yearly performance stood at negative -43.35% and fall -33.93% for year-to-date. Current recommendation for GreenSky Inc. is 3.30.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GSKY EPS (TTM) for 12-month is 0.39. EPS for this year is 20.20%, while for the next year its value is 0.25. Sales growth for the current quarter is 1.15 while its EPS Q/Q reached -210.00%. It has an EPS of 6.70% up for past five years and for the next five years will be up 13.00%.
Let’s take a look on the analyst recommendations on GSKY for the current month and previous month. For the current month, 0 of 7 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $3.25 – $4.00. Average target price for GSKY was reached at $3.70.
Dragoneer Investment Group, LLC, Allianz Asset Management GmbH and Shapiro Capital Management Company, Inc. are the top three holders in GreenSky Inc. (GSKY) stock. On Mar 30, 2020, Dragoneer Investment Group, LLC has 14.79 million shares which valued 56.49 million. On Mar 30, 2020, Allianz Asset Management GmbH owned 12.05 million shares which valued at 46.02 million. On Mar 30, 2020, Shapiro Capital Management Company, Inc. has a total of 7.56 million shares which valued at 28.87 million. In the end, Shapiro Capital Management Company, Inc. have 11.39% shares outstanding of GreenSky Inc. (GSKY) on Mar 30, 2020. The insider ownership moved to 7.60% and institutional holding shifted to 95.60%.
The company posted an EPS (TTM) of 0.39. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of -0.02, while 0.15 EPS posted a year ago period. Analyst Estimated EPS for GSKY published in the report was -$0.1 – $0.04 during the same period. Comparing with last year, the average estimated EPS was 0.15 which is higher than -0.05 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GSKY fall -5.65% for period of 200 days. SMA for 50 days was 16.63% which is showing green signal, while SMA-20 was 13.50%. The moving average value for GreenSky Inc. (GSKY) is 9.42M and 6.07% for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in GSKY stock. On May 21, TPG Growth II Advisors, Inc., Former 10% Owner, sold 145,285 trading shares at the cost of $4.07, which valued at 0.59 million. On May 20, TPG Growth II Advisors, Inc., Former 10% Owner, sold 31,553 shares at the cost of $4.23, with total shares of 1,252,571.