For its third fiscal quarter (ending September 30), Green Dot Corp (NYSE: GDOT) has reported a 25% increase in E.P.S. from $-0.12 a year ago to $-0.15 in the current quarter. E.P.S. were $-1.05 for the latest four quarters through September 30 versus $0.69 for the same period a year ago — a decline of -252%.
Recent Price Action
On 11/7/24, Green Dot Corp (NYSE: GDOT) stock declined modestly by -1.4%, closing at $13.10. Moreover, this decline was accompanied by above average trading volume at 138% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GDOT is expected to continue to be a Value Builder.
Green Dot has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Green Dot has a good Appreciation Score of 76 and a good Power Rating of 83, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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