SLM stock: buy or sell?

SLM stock price: $9.64 0.21% At close on September 20th, 2019

Updated on:
September 20th, 2019

2

After breaking up the simple moving average line of 200 days yesterday, SLM shares closed at $9.64stable a 0.21%}. Counting Friday, it's been 3 climbing days in a row, adding $0.26 or 2.74%.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college company in the United States.

Should I buy SLM stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Just 1 of our buy setups matches with SLM stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is SLM stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 2 ratings published for SLM stock in the last month.

Is SLM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-26Compass PointBuyNeutral
2019-1-25BMO Capital MarketsMarket PerformOutperform

SLM stock analysis

Daily outlook

After breaking up the SMA line of 200d yesterday, SLM closed today at $9.64stable a 0.21%}.

After crossing up the simple moving average line of 200d yesterday, SLM closed at $9.64 a 0.21%}. SLM broke out again over $8.57 after a 6.18% correction started on August 22nd.

SLM stock chart (daily)

Weekly outlook

After boosting an impressive 5.47% in a week last week, SLM closed this week at $9.64 and soared a great 3.43%. For 5 weeks in a row, price climbed and marked a profit of 18.48%.

Since early March, when SLM stock price broke down the 40-weeks moving avarage line, it slid $-1.46 per share (-13.15%). Stocks under the 200d moving average line are usually not recommended for average traders.

SLM stock chart (weekly)

SLM stock price history

SLM stock went public on September 23rd, 1983 with a price of $0.081. Since then, SLM stock grew a 11,950.00%, with an average of 341.40% per year. If you had invested right after SLM's IPO a $1,000 in SLM stock in 1983, it would worth $119,500.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SLM stock historical price chart

SLM stock reached 52-week highs at $11.98, and all-time highs 2007-07-09 with a price of 18.84.

SLM stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price forecast for SLM stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, SLM . Unfortunately, reported EPS is not yet available in our database.
SLM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-01-170.190.190.0%
2018-Q12018-04-230.240.2712.5%
2018-Q22018-07-240.230.258.7%
2018-Q32018-10-220.230.230.0%
2018-Q42019-01-230.270.3114.8%
2019-Q12019-04-220.3n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw an exceptional growth of 20.85% to $1,361.17 million dollars. Similarly, its earnings margin (compared to revenues) boosted to 35.81%, that is $487.48 million.

SLM fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, SLM TTM sales up to March 2019 were $1,433.44 and income $519.41 million USD. If we compare this TTM figures with the last reported annuality, we can review SLM business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, escalated a good 5.31%. Improving that, profit margin (net income/sales) stayed stable at 35.81%.

SLM annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2010$7,137 M-$530 M7.4%-
2011$6,618 M-7.28%$633 M9.6%19.35%
2012$6,641 M0.35%$939 M14.1%48.34%
2013$5,780 M-12.96%$1,310 M22.7%39.51%
2014$736 M-87.27%$194 M26.4%-85.17%
2015$885 M20.30%$274 M31.0%41.22%
2016$960 M8.48%$250 M26.1%-8.73%
2017$1,126 M17.31%$289 M25.7%15.42%
2018$1,361 M20.85%$487 M35.8%68.72%
TTM $1,433 M5.31%$519 M36.2%6.55%

Quarterly financial results

SLM reported $418.42 M in sales for 2019-Q1, a 5.78% up compared to previous quarter. Reported quarter earnings marked $158.19 million with a profit margin of 37.81%. Profit margin stayed steady a 0.51% compared to previous quarter when profit margin was 37.29%. When comparing sales to same quarter last year, SLM sales marked an astounding growth and rocketed a 20.88%. Looking back to recent quarterly results, SLM posted 2 negative quarters in a row.
SLM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$353 M-$71 M20.0%-
2017-Q3$368 M4.24%$76 M20.7%8.14%
2017-Q4$287 M-21.98%$47 M16.4%-38.45%
2018-Q1$346 M20.53%$126 M36.5%168.61%
2018-Q2$348 M0.68%$110 M31.5%-13.01%
2018-Q3$271 M-22.24%$104 M38.3%-5.42%
2018-Q4$396 M45.97%$148 M37.3%42.01%
2019-Q1$418 M5.78%$158 M37.8%7.24%

SLM ownership

When you are planning to invest in a company, it's worth to have a look its ownership structure.

SLM shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.48% of all shares.

Bearish positions for SLM stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to SLM:

SLMCITDFSNAVINNI
Market cap$4.1 B$4.3 B$26.4 B$3.0 B$1.9 B
Total shares426.6 M94.7 M318.2 M230.5 M28.4 M
Float shares384.8 M94.0 M316.4 M205.4 M18.4 M
  - Institutional holdings (%)104.1%8.0%0.0%99.4%64.0%
  - Insider holdings (%)0.5%34.2%16.8%1.8%46.7%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SLM summary

Friday, September 20th, 2019
Open$9.65
Close$9.64
Day range$9.57 - $9.76
Previous close$9.62
Session gain0.21%
Average true range$0.25
50d mov avg$8.86
100d mov avg$9.28
200d mov avg$9.61
Daily patternlb01c
Weekly pattern lb06a

SLM performance

To measure stock performance is always good to benchmark with competitors or related stocks. We compared SLM against , , Navient, Nelnet, Regional Management and World Acceptance in the following table:
Stock3m6m12m
SLM 5.24%-2.72%-18.24%
CIT-8.58%0.55%-12.97%
DFS6.40%19.15%5.99%
NAVINavient-0.15%16.55%-3.30%
NNINelnet17.71%26.83%16.76%
RMRegional Manageme...9.81%11.28%-5.84%
WRLDWorld Acceptance-13.44%23.48%14.54%

SLM competitors

We selected a few stocks to conform a list of SLM competitors to watch if you are interested in investing in SLM: