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 analyst gave a price target of 16, implying a possible profit of 43.88 percent. The most pessimistic price target was 12, implying potential capital losses of 7.91 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.88 percent. The average change in earnings estimates over the last 90 days is -2.94 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, 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, compared to 4 analysts that revised their FY estimates downwards.
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, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SLM has a PEG ratio of 1.23.
SLM has traded between a high of 13.20 and a low of 6.93 over the past year. The current market price is above the trailing year's low by 60.46 percent, 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 market cap of SLM is $4.88 billion. SLM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.