After finishing at $8.40 in the prior trading day, Green Dot Corp. (NYSE: GDOT) closed at $8.38, down -0.24%. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 501655 shares were traded.
Ratios:
Our goal is to gain a better understanding of GDOT 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 0.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 December 14, 2023, Downgraded its rating to Underweight and sets its target price to $7 from $8 previously.
On November 10, 2023, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $14.
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 Mar 11 ’24 when Ruppel Christian Devin bought 33,000 shares for $9.06 per share. The transaction valued at 299,144 led to the insider holds 101,715 shares of the business.
Starboard Value LP sold 75,729 shares of GDOT for $649,853 on Mar 08 ’24. The now owns 270,207 shares after completing the transaction at $8.58 per share. On Mar 08 ’24, another insider, Starboard Principal Co LP, who serves as the of the company, sold 75,729 shares for $8.58 each. As a result, the insider received 649,853 and left with 270,207 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, GDOT now has a Market Capitalization of 442.71M and an Enterprise Value of -206.35M. As of this moment, Green’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.03, and their Forward P/E ratio for the next fiscal year is 4.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at -0.14 whereas that against EBITDA is -2.01.
Stock Price History:
Over the past 52 weeks, GDOT has reached a high of $21.37, while it has fallen to a 52-week low of $7.30. The 50-Day Moving Average of the stock is 8.70, while the 200-Day Moving Average is calculated to be 12.02.
Shares Statistics:
The stock has traded on average 756.86K shares per day over the past 3-months and 581.94k shares per day over the last 10 days, according to various share statistics. A total of 52.82M shares are outstanding, with a floating share count of 49.50M. Insiders hold about 6.31% of the company’s shares, while institutions hold 93.27% stake in the company. Shares short for GDOT as of Mar 15, 2024 were 3.03M with a Short Ratio of 4.00, compared to 2.97M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.73% and a Short% of Float of 8.80%.
Earnings Estimates
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of $0.73 for the current quarter, with a high estimate of $0.92 and a low estimate of $0.58, while EPS last year was $0.99. The consensus estimate for the next quarter is $0.32, with high estimates of $0.38 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.76 and $1.5 for the fiscal current year, implying an average EPS of $1.55. EPS for the following year is $1.78, with 5 analysts recommending between $1.94 and $1.64.
Revenue Estimates
6 analysts predict $420.32M in revenue for the current quarter. It ranges from a high estimate of $442.96M to a low estimate of $407.3M. As of the current estimate, Green Dot Corp.’s year-ago sales were $416.38M, an estimated increase of 0.90% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $379.97M, an increase of 3.90% over than the figure of $0.90% in the same quarter last year. There is a high estimate of $396.24M for the next quarter, whereas the lowest estimate is $362.7M.
A total of 6 analysts have provided revenue estimates for GDOT’s current fiscal year. The highest revenue estimate was $1.63B, while the lowest revenue estimate was $1.57B, resulting in an average revenue estimate of $1.59B. In the same quarter a year ago, actual revenue was $1.5B, up 6.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.72B in the next fiscal year. The high estimate is $1.78B and the low estimate is $1.66B. The average revenue growth estimate for next year is up 7.90% from the average revenue estimate for this year.
