Investment analysts at BTIG Research hoisted their price target on shares of Green Dot Corp. (NASDAQ:GDOT) from $26.00 to $31.00 in a note issued to investors on Friday, ARN reports. The firm currently has a “positive” rating on the stock. BTIG Research’s price target suggests a potential upside of 16.98% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of Green Dot Corp. (NASDAQ:GDOT) from $29.00 to $28.00 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at SunTrust reiterated a “hold” rating on shares of Green Dot Corp. (NASDAQ:GDOT) in a research note to investors on Monday. They now have a $26.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Green Dot Corp. (NASDAQ:GDOT) from $19.00 to $29.00 in a research note to investors on Monday. They now have a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and three have assigned a buy rating to the company. Green Dot Corp. currently has an average rating of “Hold” and an average price target of $21.93.
Green Dot Corp. (NASDAQ:GDOT) traded down 0.75% on Friday, hitting $26.30. 72,365 shares of the company’s stock traded hands. Green Dot Corp. has a one year low of $9.54 and a one year high of $26.51. The stock’s 50-day moving average is $24.6 and its 200-day moving average is $19.79. The company has a market cap of $962.6 million and a P/E ratio of 24.93.
Green Dot Corp. (NASDAQ:GDOT) last released its earnings data on Tuesday, July 30th. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.04. The company had revenue of $142.60 million for the quarter, compared to the consensus estimate of $135.10 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that Green Dot Corp. will post $1.19 EPS for the current fiscal year.
Green Dot Corporation (NASDAQ:GDOT) is a bank holding company.
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