Investor’s Delight: OneMain Holdings Inc (OMF) Closes Weak at 45.63, Down -0.70

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The closing price of OneMain Holdings Inc (NYSE: OMF) was $45.63 for the day, down -0.70% from the previous closing price of $45.95. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 0.71 million shares were traded. OMF stock price reached its highest trading level at $46.18 during the session, while it also had its lowest trading level at $45.36.

Ratios:

Our analysis of OMF’s different ratios will help us gain a deeper understanding of the company. 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 2.15. In the meantime, Its Debt-to-Equity ratio is 6.56 whereas as Long-Term Debt/Eq ratio is at 6.56.

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, Barclays on October 08, 2024, Downgraded its rating to Equal Weight and sets its target price to $46 from $52 previously.

Piper Sandler Downgraded its Overweight to Neutral on February 08, 2024, whereas the target price for the stock was revised from $55 to $49.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 19 ’24 when Hedlund Michael A sold 2,400 shares for $50.00 per share. The transaction valued at 120,000 led to the insider holds 20,947 shares of the business.

Conrad Micah R. sold 886 shares of OMF for $44,300 on Sep 19 ’24. The EVP & COO now owns 104,739 shares after completing the transaction at $50.00 per share. On Sep 19 ’24, another insider, Shulman Douglas H., who serves as the President & CEO of the company, sold 5,000 shares for $50.00 each. As a result, the insider received 250,000 and left with 417,474 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 5465150976 and an Enterprise Value of 25469155328. As of this moment, OneMain’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.39, and their Forward P/E ratio for the next fiscal year is 6.45. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 1.73. Its current Enterprise Value per Revenue stands at 10.135.

Stock Price History:

Over the past 52 weeks, OMF has reached a high of $54.94, while it has fallen to a 52-week low of $35.00. The 50-Day Moving Average of the stock is -2.16%, while the 200-Day Moving Average is calculated to be -5.45%.

Shares Statistics:

OMF traded an average of 1.04M shares per day over the past three months and 991040 shares per day over the past ten days. A total of 119.76M shares are outstanding, with a floating share count of 119.02M. Insiders hold about 0.63% of the company’s shares, while institutions hold 86.82% stake in the company. Shares short for OMF as of 1727654400 were 5300874 with a Short Ratio of 5.10, compared to 1724976000 on 4185923. Therefore, it implies a Short% of Shares Outstanding of 5300874 and a Short% of Float of 4.95.

Dividends & Splits

With its trailing 12-month dividend rate of 4.04, OMF has a forward annual dividend rate of 4.08. Against a Trailing Annual Dividend Yield of 0.08792165The stock’s 5-year Average Dividend Yield is 8.66.

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