SLM Corporation (SLM): Analysis on the Earning Per Share

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SLM Corporation (NASDAQ:SLM) changes shares on Thursday trading session, with a change of 0.15% or $0.01 shares. The trading starts at $6.82 and closed at $6.86 throughout the day. The trading session low price was $6.80 and day high was $6.985 on Thursday, August 06. After the session, the Financial sector daily volume shifted to 5.59 million while its average volume is 5.08M. In other hand, the SLM market cap reached to $2.60B. While, its current target price is $9.77.

On May 7, 2018, ValueAct takes $1 billion stake each in Citigroup, Sallie Mae -letter. According to the news reported on Reuters, Activist investing firm ValueAct Capital Partners invested $1.2 billion in Citigroup Inc and roughly $1 billion in SLM Corp’s student lender Sallie Mae, according to a letter seen by Reuters on Monday.

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 0.44% and down 0.00% for month. Its quarterly performance was -12.48% below, while its half year performance is down -38.88%. SLM yearly performance stood at negative -17.92% and fall -22.90% for year-to-date. Current recommendation for SLM Corporation is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SLM EPS (TTM) for 12-month is 1.25. EPS for this year is 40.50%, while for the next year its value is 1.44. Sales growth for the current quarter is 0.35 while its EPS Q/Q reached -169.30%. It has an EPS of 25.50% up for past five years and for the next five years will be up 15.55%.

Let’s take a look on the analyst recommendations on SLM for the current month and previous month. For the current month, 8 of 11 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 3 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 $7.50 – $12.00. Average target price for SLM was reached at $9.77.

Vanguard Group, Inc. (The), Blackrock Inc. and ValueAct Holdings, L.P. are the top three holders in SLM Corporation (SLM) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 40.45 million shares which valued 290.84 million. On Mar 30, 2020, Blackrock Inc. owned 36.54 million shares which valued at 262.75 million. On Mar 30, 2020, ValueAct Holdings, L.P. has a total of 32.29 million shares which valued at 232.2 million. In the end, ValueAct Holdings, L.P. have 8.61% shares outstanding of SLM Corporation (SLM) on Mar 30, 2020. The insider ownership moved to 1.00%.

The company posted an EPS (TTM) of 1.25. According to the most recent quarter report on (Sep 2020), 11 analysts estimated an average EPS of 0.12, while 0.29 EPS posted a year ago period. Analyst Estimated EPS for SLM published in the report was -$0.07 – $0.31 during the same period. Comparing with last year, the average estimated EPS was 0.29 which is higher than -0.22 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 SLM fall -18.19% for period of 200 days. SMA for 50 days was -5.85% which is showing red signal, while SMA-20 was -0.05%. The moving average value for SLM Corporation (SLM) is 38.38M and 7.31% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SLM stock. On Jan 27, GOODE EARL A, Director, sold 7,323 trading shares at the cost of $11.24, which valued at 82280.0.