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 maximum price target given was 16, implying potential capital gains of 43.88 percent. The most pessimistic analyst gave a price target of 12, implying potential capital losses of 7.91 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. If we look at the last 90 days instead, we find a net average change of -0.68 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SLM to grow at a rate of 14.56 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SLM is 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 below the high by 15.76 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.