Alert: Negative Investment/Fundamental Signals (9/18/20)-Green Dot Corp (NYSE: GDOT)

out_logo_500#64205.jpg

Green Dot Corp (NYSE: GDOT) suffers from extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.

Green Dot Corp (NYSE: GDOT) has recently experienced small negative changes in fundamentals: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.

out_mm#64205.jpg

Current PriceTarget Research Rating

GDOT is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Green Dot has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Green Dot has a neutral Appreciation Score of 46 but a very high Power Rating of 93, producing the Highest Value Trend Rating.

Recent Price Action

Green Dot Corp (NYSE: GDOT) stock declined modestly by -0.9% on 9/18/20. The stock closed at $48.79. Moreover, this decline was accompanied by exceptionally high trading volume at 257% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.3% during the last week.

About John Lafferty 84225 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.