Green Dot Receives Hold Rating from Jefferies Group (GDOT)

Share on StockTwits

Green Dot (NASDAQ: GDOT)‘s stock had its “hold” rating reiterated by Jefferies Group in a research note issued on Tuesday, Analyst Ratings Network.com reports. They currently have a $16.00 price objective on the stock. Jefferies Group’s price objective would indicate a potential downside of 16.01% from the company’s current price.

GDOT has been the subject of a number of other recent research reports. Analysts at BTIG Research reiterated a “buy” rating on shares of Green Dot in a research note to investors on Tuesday. They now have a $23.00 price target on the stock, up previously from $19.00. Separately, analysts at Compass Point raised their price target on shares of Green Dot from $20.00 to $23.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at TheStreet upgraded shares of Green Dot from a “sell” rating to a “hold” rating in a research note to investors on Thursday, May 23rd.

One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $17.34.

Green Dot (NASDAQ: GDOT) traded down 0.73% on Tuesday, hitting $18.91. Green Dot has a 1-year low of $9.05 and a 1-year high of $19.49. The stock’s 50-day moving average is currently $17.8. The company has a market cap of $683.4 million and a price-to-earnings ratio of 18.06.

Green Dot (NASDAQ: GDOT) last announced its earnings results on Tuesday, April 30th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.37 by $0.05. The company had revenue of $155.80 million for the quarter, compared to the consensus estimate of $141.35 million. During the same quarter in the prior year, the company posted $0.48 earnings per share. The company’s quarterly revenue was up 7.9% on a year-over-year basis. Green Dot has set its FY13 guidance at $0.95-1.20 EPS. On average, analysts predict that Green Dot will post $1.20 earnings per share for the current fiscal year.

Green Dot Corporation (NASDAQ: GDOT) is a bank holding company.

Latest News

Economy in China Grows at Five-Year Low
Economy in China Grows at Five-Year Low
Philips Announced Spinoff on Track but Posts Loss
Philips Announced Spinoff on Track but Posts Loss
Honeywell Profit Passes Forecast, Seeking Deals
Honeywell Profit Passes Forecast, Seeking Deals
Amazon Now Has Grocery Delivery in Brooklyn
Amazon Now Has Grocery Delivery in Brooklyn
Google Disappoints on Slowdown of Advertising Growth
Google Disappoints on Slowdown of Advertising Growth
Nestle Sales Growth Slows Spooking Investors
Nestle Sales Growth Slows Spooking Investors


Leave a Reply

Advertisement
Advertisement
© 2006-2014 Ticker Report. Google+.