Business Services sector’s Green Dot’s (NYSE:GDOT) Buy rating Reiterated by BTIG Research

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Green Dot (NYSE:GDOT)‘s stock had its Buy rating Reiterated by analysts at BTIG Research in a research report issued to clients and investors. A price-to-earnings ratio of 30.64, market cap of 2.5B and a beta of 1.08.  Green Dot has a twelve month low $14.20 of  and a twelve month high of $51.86.

Shares of Green Dot traded up $1.48 on Monday, reaching $47.68. 314803 shares of the stock traded hands, compared to its average volume of 687148. Shares of Green Dot at mid-way of the day on Monday were at $47.68. The firm’s 50 day moving average is $$35.67 and its 200 day moving average is $28.91.Green Dot  has a 12 month low of $45.89 and a 12 month high of $51.86. While on yearly highs and lows, Green Dot’s today has traded high as $47.68 and has touched $45.89 on the downward trend. See More Analyst Rating at: RATING

Green Dot (NYSE:GDOT) Moving Average Technical Analysis

5 day Moving Average is $45.43 And 5 day price change is $4.52 (10.80%)  with average volume for 5 day average is 1,084,502. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $40.43 and 20 day price change is $8.14 (21.30%) and average 20 day moving volume is 670,240. 50 day moving average is $35.67  and 50 day price change is $19.07 ( 69.88%)  and with average volume for 50 days is : 696,996. 200 day moving average is $28.91  and 200 day price change is $18.48 (66.28%)  and with average volume for 200 days is : 935,423.

See More Analyst Rating at: RATING

Green Dot Earnings and What to expect: 

Green Dot last issued its quarterly earnings data on May 11th, 2020. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.34. The firm earned $362.20 million during the quarter, compared to analysts’ expectations of $324.12 million. Its revenue was up 6.4% compared to the same quarter last year. Green Dot has generated $2.33 earnings per share over the last year and currently has a price-to-earnings ratio of 30.8. Green Dot has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 5th, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 4.80%
  • On 6/22/2020 Insider Jason Bibelheimer Sell 12,806 at average share price of $40.00 which equates to $512,240.00 in money value.
  • On 5/27/2020 Director Jeffrey Osher Buy 25,000 at average price of  $36.76 with total value of : Not Data Available
  • On 5/18/2020 Director Jeffrey Osher Buy 9,250 at average price of  $37.10 with total value of : $343,175.00

What other brokers have to say about Green Dot :

  • 6/18/2020 – Green Dot had its price target raised by analysts at Craig Hallum from $42.00 to $48.00. They now have a “buy” rating on the stock.
  • 6/2/2020 – Green Dot had its “buy” rating re-affirmed by analysts at BTIG Research. They now have a $48.00 price target on the stock, up previously from $40.00.
  • 5/20/2020 – Green Dot had its price target raised by analysts at Northland Securities from $35.00 to $42.00. They now have an “outperform” rating on the stock.
  • 5/12/2020 – Green Dot had its “hold” rating re-affirmed by analysts at Jefferies Financial Group Inc. They now have a $32.00 price target on the stock.

Other firm’s rating by BTIG Research:

  • 6/26/2020 – Hologic had its “buy” rating re-affirmed by analysts at BTIG Research. They now have a $60.00 price target on the stock.
  • 6/26/2020 – Redfin had its “buy” rating re-affirmed by analysts at BTIG Research. They now have a $44.00 price target on the stock.
  • 6/26/2020 – CareDx is now covered by analysts at BTIG Research. They set a “buy” rating and a $40.00 price target on the stock.
  • 6/25/2020 – Farfetch was upgraded by analysts at BTIG Research from a “neutral” rating to a “buy” rating. They now have a $20.50 price target on the stock.

See More Analyst Rating at: RATING