Finance

Two Stocks on Trader’s Radar: GreenSky, Inc. (NASDAQ:GSKY) & 3M Company (NYSE:MMM)

GreenSky, Inc. (NASDAQ:GSKY)

GreenSky Inc. operates as a technology company. It offers proprietary technology infrastructure platform to supports the full transaction lifecycle, including credit application, underwriting and real-time allocation. The company’s proprietary technology powered platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. GreenSky Inc. is headquartered in Atlanta, Georgia.

GreenSky, Inc. (NASDAQ:GSKY)’s Financial Overview

GreenSky, Inc. (NASDAQ) surged 1.71% yesterday to close its trading session at $10.14. The company has 1 year Price Target of $11.85. GreenSky, Inc. has 52-Week high of $27.01 and 52-Week Low of $8.3. The stock touched its 52-Week High on 27.01 and 52-Week Low on 8.30. The stock traded with the volume of 1.58 Million shares yesterday. The firm shows the market capitalization of $1.86 Billion.

GreenSky, Inc. (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.21/share against the analyst consensus estimate of $0.2/share. The difference between the actual and expected EPS is $0.01 a share with a surprise factor of 5%.

The firm is trading with SMA20 of 8.17 Percent, SMA50 of 3.14 Percent and SMA200 of -38.66 percent. GreenSky, Inc. has P/S value of 4.73 while its P/B value stands at 19.88. Similarly, the company has Return on Assets of 5.6 percent, Return on Equity of -16.7 percent and Return on Investment of -609.2 Percent. The company shows Gross Margin and Operating Margin of 69 percent and 44 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.3 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 10 analysts offering 12-month price forecasts for GreenSky Inc have a median target of 11.50, with a high estimate of 14.00 and a low estimate of 10.00. The median estimate represents a +13.41% increase from the last price of 10.14.

GreenSky, Inc. is estimated to report earnings on 02/05/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.11.

3M Company (NYSE:MMM)

3M is a diversified technology company which applies science in collaborative ways to improve lives daily. The company’s innovation aims to tackle some of the world’s most pressing areas of concern: Raw Materials, Water, Energy & Climate, Health & Safety, Education & Development. 3M company conducts operations in Automotive, Commercial Solution, Communications, Consumer, Design & Construction, Electronics, Energy, Energy, Health Care, Manufacturing, Mining, Oil & Gas, Safety and Transportation and other markets. 3M owns substantially all of its physical properties and serves customers worldwide. The Company businesses share technologies, manufacturing operations, marketing channels, and other resources. 3M is headquartered in St. Paul, Minnesota.

3M Company (NYSE:MMM)’s Financial Outlook

The 17 analysts offering 12-month price forecasts for 3M Co have a median target of 209.00, with a high estimate of 243.00 and a low estimate of 178.00. The median estimate represents a +8.74% increase from the last price of 192.21.

3M Company is expected* to report earnings on 01/29/2019 before market open. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.28. The reported EPS for the same quarter last year was $2.1.

According to Zacks Investment Research, 3M Company has a Consensus Recommendation of 2.75. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock declined -0.72% and closed its last trading session at $192.21. The company has the market capitalization of $112.73 Billion. The stock has 52-week high of $259.77 and 52-Week low of $176.87. The firm touched its 52-Week high on 259.77 and 52-Week low on 176.87. The company has volume of 2.36 Million shares. The company has a total of 586.5 Million shares outstanding.

3M Company (NYSE) in the last quarter reported its actual EPS of $2.58/share where the analyst estimated EPS was $2.7/share. The difference between the actual and Estimated EPS is $-0.12. This shows a surprise factor of -4.4 percent.

The company has YTD performance of 0.88 percent. Beta for 3M Company stands at 1.07 while its ATR (average true range) is 5.19. The company has Weekly Volatility of 1.79%% and Monthly Volatility of 2.66%%.

3M Company has distance from 20-day Simple Moving Average (SMA20) of 0.73%, Distance from 50-Day Simple Moving Average of -1.9 percent and Distance from 200-Day Simple Moving Average of -5.16%.

The Company currently has ROA (Return on Assets) of 12 percent, Return on Equity (ROE) of 41.9 Percent and Return on Investment (ROI) of 23.5% with Gross margin of 49.1 percent and Operating & Profit margin of 22.4% and 13.8% respectively.