Springleaf Holdings Hits New 1-Year High at $34.36 (LEAF)
Springleaf Holdings (NASDAQ:LEAF)’s share price hit a new 52-week high during trading on Wednesday , ARN reports. The company traded as high as $34.36 and last traded at $34.00, with a volume of 43,496 shares trading hands. The stock had previously closed at $33.63.
LEAF has been the subject of a number of recent research reports. Analysts at Raymond James downgraded shares of Springleaf Holdings from an “outperform” rating to a “market perform” rating in a research note on Wednesday, August 13th. They now have a $28.00 price target on the stock. Separately, analysts at JMP Securities raised their price target on shares of Springleaf Holdings from $32.00 to $36.00 in a research note on Monday, August 11th. Finally, analysts at Credit Suisse raised their price target on shares of Springleaf Holdings from $30.00 to $36.00 in a research note on Friday, August 8th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $29.90.
The stock has a 50-day moving average of $29.62 and a 200-day moving average of $26.3. The company has a market cap of $3.877 billion and a price-to-earnings ratio of 63.94.
Springleaf Holdings (NASDAQ:LEAF) last announced its earnings results on Thursday, August 7th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.07. On average, analysts predict that Springleaf Holdings will post $1.98 earnings per share for the current fiscal year.
Springleaf Holdings, Inc (NASDAQ:LEAF) is a consumer finance company providing loan products to customers through it’s nationwide branch network and through iLoan, it’s Internet lending division.
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