Navigating 6 Analyst Ratings For OneMain Holdings
Portfolio Pulse from Benzinga Insights
OneMain Holdings (NYSE:OMF) has received mixed analyst ratings over the past three months, with 4 somewhat bullish and 2 indifferent ratings. The average 12-month price target is $47.33, with a high of $55.00 and a low of $38.00, reflecting a 3.41% decrease in the average target. Analysts from Wells Fargo, Barclays, RBC Capital, Piper Sandler, BMO Capital, and JP Morgan have adjusted their ratings and price targets, with one raising, four lowering, and one announcing a new rating. OneMain Holdings operates in nonprime consumer finance, with positive revenue growth, high net margin, ROE, and ROA, but a high debt-to-equity ratio.
January 04, 2024 | 3:00 pm
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OneMain Holdings has a mixed outlook from analysts, with recent adjustments in ratings and price targets. The company shows strong financial performance indicators but carries a high debt-to-equity ratio, which may concern investors.
The mixed analyst ratings and the slight decrease in the average price target suggest a neutral short-term impact on OMF's stock price. The company's strong financial performance may balance concerns over its high debt-to-equity ratio.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100