Green Dot Corporation (GDOT) Receives Daily News Impact Rating of 0.13
Press coverage about Green Dot Corporation (NYSE:GDOT) has been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Green Dot Corporation earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.0758741880218 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Proxima b May Have An Aurora That We Can Detect (iflscience.com)
- The Fun Way to Get Americans to Save More (money.usnews.com)
- Craig-Hallum Initiates Coverage on Green Dot Corporation Class A , (GDOT) By Announcing An Initial Rating Of “Buy” – First News 24 (firstnewspaper24.com)
- Keep Watch on Overbought Stock: Green Dot Corporation (GDOT) RSI reading is at 73.15 – Voice Of Analysts (analystsbuzz.com)
- Notable Friday Option Activity: GDOT, BIIB, CRM (nasdaq.com)
Green Dot Corporation (GDOT) opened at 54.71 on Wednesday. Green Dot Corporation has a one year low of $21.45 and a one year high of $55.57. The firm has a market capitalization of $2.76 billion, a P/E ratio of 46.52 and a beta of 1.00. The company has a 50-day moving average price of $48.90 and a 200-day moving average price of $40.60.
Green Dot Corporation (NYSE:GDOT) last issued its quarterly earnings data on Tuesday, August 8th. The financial services provider reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.16. Green Dot Corporation had a return on equity of 12.13% and a net margin of 7.66%. The firm had revenue of $222.50 million during the quarter, compared to analyst estimates of $208.59 million. During the same quarter last year, the firm earned $0.27 EPS. Green Dot Corporation’s quarterly revenue was up 28.2% on a year-over-year basis. On average, equities research analysts anticipate that Green Dot Corporation will post $2.05 EPS for the current year.
Several analysts recently issued reports on GDOT shares. Lake Street Capital started coverage on shares of Green Dot Corporation in a report on Monday, June 26th. They issued a “hold” rating and a $41.00 price objective on the stock. Keefe, Bruyette & Woods set a $37.00 target price on Green Dot Corporation and gave the company a “hold” rating in a research report on Thursday, July 6th. Zacks Investment Research raised Green Dot Corporation from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research report on Wednesday, July 12th. Citigroup Inc. reaffirmed a “buy” rating and issued a $46.00 target price (up from $40.00) on shares of Green Dot Corporation in a research report on Monday, July 24th. Finally, BidaskClub downgraded Green Dot Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $45.91.
In other news, insider Steven W. Streit sold 7,995 shares of Green Dot Corporation stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $46.74, for a total value of $373,686.30. Following the completion of the transaction, the insider now owns 217,010 shares in the company, valued at approximately $10,143,047.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Rajeev V. Date sold 4,674 shares of Green Dot Corporation stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $45.45, for a total value of $212,433.30. Following the completion of the transaction, the director now owns 2,889 shares of the company’s stock, valued at approximately $131,305.05. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 154,297 shares of company stock valued at $7,127,934. 11.00% of the stock is owned by insiders.
Green Dot Corporation Company Profile
Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.
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