How is OneMain Holdings Inc.’s (NYSE: OMF) stock expected to perform amid current market woes?

After closing at $32.70 in the most recent trading day, OneMain Holdings Inc. (NYSE: OMF) closed at 31.19, down -4.62%. In other words, the price has decreased by $-1.51 from its previous closing price. On the day, 2598627 shares were traded. OMF reached its highest trading level at $32.62 during the session, while it also had its lowest trading level at $30.63.

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Ratios:

Our goal is to gain a better understanding of OMF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.79. In the meantime, Its Debt-to-Equity ratio is 5.91 whereas as Long-Term Debt/Eq ratio is at 5.91.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on July 13, 2022, Downgraded its rating to Equal Weight and sets its target price to $40 from $65 previously.

On October 08, 2021, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $75.Deutsche Bank initiated its Buy rating on October 08, 2021, with a $75 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 01 when Shulman Douglas H. bought 1,150 shares for $37.08 per share. The transaction valued at 42,642 led to the insider holds 337,936 shares of the business.

Shulman Douglas H. bought 1,000 shares of OMF for $40,233 on May 20. The President and CEO now owns 349,612 shares after completing the transaction at $40.23 per share. On May 10, another insider, Shulman Douglas H., who serves as the President and CEO of the company, bought 2,500 shares for $40.64 each. As a result, the insider paid 101,604 and bolstered with 348,612 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMF now has a Market Capitalization of 4.04B. As of this moment, OneMain’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.79, and their Forward P/E ratio for the next fiscal year is 4.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.28.

Stock Price History:

The Beta on a monthly basis for OMF is 1.61, which has changed by -45.42% over the last 52 weeks, in comparison to a change of -15.65% over the same period for the S&P500. Over the past 52 weeks, OMF has reached a high of $60.38, while it has fallen to a 52-week low of $32.66. The 50-Day Moving Average of the stock is 37.36, while the 200-Day Moving Average is calculated to be 44.25.

Shares Statistics:

The stock has traded on average 1.24M shares per day over the past 3-months and 1.65M shares per day over the last 10 days, according to various share statistics. A total of 124.54M shares are outstanding, with a floating share count of 115.31M. Insiders hold about 0.40% of the company’s shares, while institutions hold 84.80% stake in the company. Shares short for OMF as of Aug 30, 2022 were 5.2M with a Short Ratio of 4.21, compared to 4.7M on Jul 28, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.20% and a Short% of Float of 4.21%.

Dividends & Splits

In the trailing 12 months, OMF’s forward annual dividend rate was 3.30, compared to 3.80 this year. Against a Trailing Annual Dividend Yield of 10.09%, it implies a Forward Annual Dividend Yield of 11.23%.

Earnings Estimates

Its stock is currently analyzed by 14 different market analysts. On average, analysts expect EPS of $1.73 for the current quarter, with a high estimate of $1.87 and a low estimate of $1.37, while EPS last year was $2.37. The consensus estimate for the next quarter is $1.69, with high estimates of $1.93 and low estimates of $0.79.

Analysts are recommending an EPS of between $8.1 and $6.4 for the fiscal current year, implying an average EPS of $7.66. EPS for the following year is $7.78, with 13 analysts recommending between $8.9 and $5.92.

Revenue Estimates

A total of 8 analysts have provided revenue estimates for OMF’s current fiscal year. The highest revenue estimate was $4.19B, while the lowest revenue estimate was $3.56B, resulting in an average revenue estimate of $3.67B. In the same quarter a year ago, actual revenue was $3.43B, up 7.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $3.86B in the next fiscal year. The high estimate is $4.63B and the low estimate is $2.85B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.