In the preceding three months, 6 analysts have released ratings for OneMain Holdings OMF, presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $47.33, a high estimate of $55.00, and a low estimate of $38.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 3.41%.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of OneMain Holdings by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Kaye | Wells Fargo | Raises | Equal-Weight | $48.00 | $43.00 |
| Terence Malone | Barclays | Announces | Overweight | $51.00 | - |
| Kenneth Lee | RBC Capital | Lowers | Outperform | $50.00 | $55.00 |
| Kevin Barker | Piper Sandler | Lowers | Overweight | $55.00 | $57.00 |
| James Fotheringham | BMO Capital | Lowers | Market Perform | $38.00 | $42.00 |
| Richard Shane | JP Morgan | Lowers | Overweight | $42.00 | $48.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to OneMain Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of OneMain Holdings compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of OneMain Holdings's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into OneMain Holdings's market standing. Stay informed and make well-considered decisions with 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's Economic Impact: An Analysis
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to 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. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: OneMain Holdings's net margin excels beyond industry benchmarks, reaching 17.88%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): OneMain Holdings's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.29% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): OneMain Holdings's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.81%, the company showcases efficient use of assets and strong financial health.
Debt Management: OneMain Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching 6.39. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: Simplified
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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