Navigating 6 Analyst Ratings For OneMain Holdings

In the latest quarter, 6 analysts provided ratings for OneMain Holdings OMF, showcasing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $53.0, along with a high estimate of $68.00 and a low estimate of $48.00. Marking an increase of 19.1%, the current average surpasses the previous average price target of $44.50.

Decoding Analyst Ratings: A Detailed Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive OneMain Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to OneMain Holdings. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of OneMain Holdings compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of OneMain Holdings's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into OneMain Holdings's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on OneMain Holdings analyst ratings.

Discovering OneMain Holdings: A Closer Look

OneMain Holdings is engaged in nonprime consumer finance companies in the United States and one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has a significant online business. The main source of revenue is net interest income.

OneMain Holdings: A Financial Overview

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining OneMain Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.07% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: OneMain Holdings's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 17.88% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): OneMain Holdings's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.29%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): OneMain Holdings's ROA stands out, surpassing industry averages. With an impressive ROA of 0.81%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 6.39, caution is advised due to increased financial risk.

The Significance of Analyst Ratings Explained

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.