Gaining Ground: OneMain Holdings Inc (OMF) Closes Lower at 50.27, Down -0.89

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The price of OneMain Holdings Inc (NYSE: OMF) closed at $50.27 in the last session, down -0.89% from day before closing price of $50.72. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 1.23 million shares were traded. OMF stock price reached its highest trading level at $51.18 during the session, while it also had its lowest trading level at $50.165.

Ratios:

We take a closer look at OMF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.40. 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.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 08 ’24 when Shulman Douglas H. sold 19,000 shares for $51.37 per share. The transaction valued at 976,119 led to the insider holds 451,300 shares of the business.

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 6076687872 and an Enterprise Value of 24711782400. As of this moment, OneMain’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.81, and their Forward P/E ratio for the next fiscal year is 6.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 9.664.

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 1.61%, while the 200-Day Moving Average is calculated to be 13.11%.

Shares Statistics:

According to the various share statistics, OMF traded on average about 1.03M shares per day over the past 3-months and 1068360 shares per day over the past 10 days. A total of 119.76M shares are outstanding, with a floating share count of 118.88M. Insiders hold about 0.78% of the company’s shares, while institutions hold 88.00% stake in the company. Shares short for OMF as of 1714435200 were 3946089 with a Short Ratio of 3.85, compared to 1711584000 on 3860836. Therefore, it implies a Short% of Shares Outstanding of 3946089 and a Short% of Float of 3.6799999999999997.

Dividends & Splits

The forward annual dividend rate for OMF is 4.04, which was 4.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.07886435The stock’s 5-year Average Dividend Yield is 8.11.

Earnings Estimates

A comprehensive evaluation of OneMain Holdings Inc (OMF) is underway, with the input of 14.0 analysts contributing to its current rating.On average, analysts expect EPS of $1.09 for the current quarter, with a high estimate of $1.32 and a low estimate of $0.84, while EPS last year was $1.01. The consensus estimate for the next quarter is $1.59, with high estimates of $1.79 and low estimates of $1.4.

Analysts are recommending an EPS of between $6.48 and $5.35 for the fiscal current year, implying an average EPS of $5.75. EPS for the following year is $7.69, with 13.0 analysts recommending between $8.15 and $7.1.

Revenue Estimates

According to 7 analysts, the current quarter’s revenue is expected to be $1.02B. It ranges from a high estimate of $1.19B to a low estimate of $917M. As of the current estimate, OneMain Holdings Inc’s year-ago sales were $873MFor the next quarter, 7 analysts are estimating revenue of $1.06B. There is a high estimate of $1.23B for the next quarter, whereas the lowest estimate is $941M.

A total of 7 analysts have provided revenue estimates for OMF’s current fiscal year. The highest revenue estimate was $4.51B, while the lowest revenue estimate was $3.71B, resulting in an average revenue estimate of $3.98B. In the same quarter a year ago, actual revenue was $3.54BBased on 7 analysts’ estimates, the company’s revenue will be $4.26B in the next fiscal year. The high estimate is $4.88B and the low estimate is $3.89B.

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