Shares of Green Dot Co. (NYSE:GDOT) have been assigned an average rating of “Hold” from the eleven research firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $58.30.
Separately, Zacks Investment Research upgraded Green Dot from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a report on Monday, August 9th.
In other news, CFO Jess Unruh sold 3,318 shares of the business’s stock in a transaction dated Tuesday, September 7th. The shares were sold at an average price of $54.05, for a total value of $179,337.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 7,135 shares of company stock valued at $349,652 in the last three months. Corporate insiders own 3.40% of the company’s stock.
GDOT stock traded up $0.76 on Monday, hitting $45.43. 1,378 shares of the company were exchanged, compared to its average volume of 299,274. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 35.38 and a beta of 1.00. The business’s fifty day moving average is $49.08 and its two-hundred day moving average is $46.44. Green Dot has a twelve month low of $38.95 and a twelve month high of $64.70.
Green Dot (NYSE:GDOT) last released its quarterly earnings data on Tuesday, August 3rd. The financial services provider reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.44. Green Dot had a return on equity of 6.81% and a net margin of 1.77%. The business had revenue of $357.94 million during the quarter, compared to the consensus estimate of $312.45 million. Sell-side analysts predict that Green Dot will post 1.65 earnings per share for the current year.
Green Dot Company Profile
Green Dot Corp. operates as a financial technology leader and bank holding company, which engages in the provision of modern banking and money movement accessible for all. It operates through the following segments: Account Services; Processing and Settlement Services; and Corporate and Other. The Account Services segment consists of revenues and expenses derived from deposit account programs, such as prepaid cards, debit cards, consumer and small business checking accounts, secured credit cards, payroll debit cards, and gift cards.
Receive News & Ratings for Green Dot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot and related companies with MarketBeat.com's FREE daily email newsletter.