Analysts' ratings for OneMain Holdings OMF over the last quarter vary from bullish to bearish, as provided by 10 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 8 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 5 | 1 | 0 | 0 |
Analysts have set 12-month price targets for OneMain Holdings, revealing an average target of $52.9, a high estimate of $57.00, and a low estimate of $47.00. A decline of 0.45% from the prior average price target is evident in the current average.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of OneMain Holdings among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Scharf | JMP Securities | Maintains | Market Outperform | $57.00 | - |
| Richard Shane | JP Morgan | Raises | Overweight | $51.00 | $47.00 |
| Kenneth Lee | RBC Capital | Raises | Outperform | $55.00 | $50.00 |
| Richard Shane | JP Morgan | Lowers | Overweight | $47.00 | $50.00 |
| Terence Malone | Barclays | Lowers | Overweight | $54.00 | $57.00 |
| David Scharf | JMP Securities | Raises | Market Outperform | $57.00 | $53.00 |
| Arren Cyganovich | Citigroup | Lowers | Buy | $52.00 | $54.00 |
| Vincent Caintic | Stephens & Co. | Lowers | Overweight | $57.00 | $61.00 |
| Kenneth Lee | RBC Capital | Maintains | Outperform | $50.00 | - |
| Kevin Barker | Piper Sandler | Announces | Neutral | $49.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to OneMain Holdings. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of OneMain Holdings compared to the broader market.
- Price Targets: Gaining insights, analysts provide 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.
Get to Know OneMain Holdings Better
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.
A Deep Dive into OneMain Holdings's Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: OneMain Holdings's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 4.15%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: OneMain Holdings's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 14.93% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): OneMain Holdings's ROE stands out, surpassing industry averages. With an impressive ROE of 5.24%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): OneMain Holdings's ROA stands out, surpassing industry averages. With an impressive ROA of 0.68%, 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 6.22, caution is advised due to increased financial risk.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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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