Balance Sheet Dive: OneMain Holdings Inc (OMF)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $51.94 in the prior trading day, OneMain Holdings Inc (NYSE: OMF) closed at $51.47, down -0.90%. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.87 million shares were traded. OMF stock price reached its highest trading level at $52.29 during the session, while it also had its lowest trading level at $51.41.

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 4.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.46. In the meantime, Its Debt-to-Equity ratio is 6.07 whereas as Long-Term Debt/Eq ratio is at 6.07.

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, Piper Sandler on February 08, 2024, Downgraded its rating to Neutral and sets its target price to $49 from $55 previously.

On January 17, 2024, Northland Capital Downgraded its rating to Market Perform which previously was Outperform and also upped its target price recommendation from $46 to $49.

On January 10, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $68.Deutsche Bank initiated its Buy rating on January 10, 2024, with a $68 target price.

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 6166569472 and an Enterprise Value of 24855554048. As of this moment, OneMain’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.05, and their Forward P/E ratio for the next fiscal year is 6.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 9.721.

Stock Price History:

Over the past 52 weeks, OMF has reached a high of $53.65, while it has fallen to a 52-week low of $35.00. The 50-Day Moving Average of the stock is 4.89%, while the 200-Day Moving Average is calculated to be 16.09%.

Shares Statistics:

The stock has traded on average 1.08M shares per day over the past 3-months and 1248110 shares per day over the last 10 days, according to various share statistics. A total of 119.76M shares are outstanding, with a floating share count of 118.86M. Insiders hold about 0.79% of the company’s shares, while institutions hold 81.70% stake in the company. Shares short for OMF as of 1713139200 were 3520115 with a Short Ratio of 3.25, compared to 1710460800 on 3449755. Therefore, it implies a Short% of Shares Outstanding of 3520115 and a Short% of Float of 3.2800000000000002.

Dividends & Splits

In the trailing 12 months, OMF’s forward annual dividend rate was 4.0, compared to 3.00 this year. Against a Trailing Annual Dividend Yield of 0.077011935The stock’s 5-year Average Dividend Yield is 8.11.

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