OneMain Holdings Inc (NYSE:OMF) shares, rose in value, with the stock price up by 0.73% to the previous day’s close as strong demand from buyers drove the stock to $50.89.
Actively observing the price movement in the last trading, the stock closed the session at $50.52. The PE ratio was 9.58 over 12-month period. Referring to stock’s 52-week performance, its high was $51.65, and the low was $33.67. On the whole, OMF has fluctuated by 0.73% over the past month.
The company’s Forward Dividend Ratio is 4.00, with its dividend yield at 7.86%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.12B, with a low estimate of 900M and a high estimate of 1.09B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.01B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OMF’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.81, with the price of OMF currently trading nearly 3.94% and 5.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.93, while the 7-day volatility ratio is showing 2.29% which for the 30-day chart, stands at 2.25%. Furthermore, OneMain Holdings Inc (OMF)’s beta value is 1.64, and its average true range (ATR) is 1.18.
A comparison of OneMain Holdings Inc (OMF) with its peers suggests the former has fared considerably weaker in the market. OMF showed an intraday change of 0.73% in last session, and over the past year, it grew by 32.63%%.
Data on historical trading for OneMain Holdings Inc (NYSE:OMF) indicates that the trading volumes over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 119.76 million shares outstanding.
Nearly 0.79% of OneMain Holdings Inc’s shares belong to company insiders and institutional investors own 81.56% of the company’s shares. The stock has risen by 3.43% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OMF stock heading into the next quarter.
