Analyst Ratings for SLM Corp. (SLM)Updated: 2017-07-26
An average rating of Buy has been given to SLM Corp. (NASDAQ:SLM) by analysts covering the stock. About 30 days ago, SLM was issued an average rating of Buy.
9 analysts declared SLM a buy, 0 gave an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for SLM by the analysts covering the stock. The most optimistic price target was 16, which equates to a potential upside of 43.88 percent. The most pessimistic price target was 12, implying potential capital losses of 7.91 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.88 percent. That number becomes -2.94 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.68 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.68 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 4 analysts decreased their estimates.
Analysts estimate earnings of SLM to grow at a rate of 14.56 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. SLM has a PEG ratio of 1.23.
In the last 52-weeks, SLM has achieved a high of 13.20 and a low of 6.93. Currently the stock is 60.46 percent higher than its low, and 15.76 percent below the high. SLM has a P/E ratio of 17.94. Investors typically compare the P/E ratio to a company's peers in the industry. The SLM value stock report compares SLM to some of its peers using value stock charts. The stock has a market capitalization of $4.88 billion. SLM will post this quarters earnings in days, on 0000-00-00.