What’s Green Dot Corporation (GDOT) Upside After Today’s Huge Increase?

Green Dot Corporation (NYSE:GDOT) Logo

Investors sentiment decreased to 1.08 in 2019 Q2. Its down 0.01, from 1.09 in 2019Q1. It worsened, as 46 investors sold Green Dot Corporation shares while 60 reduced holdings. 35 funds opened positions while 79 raised stakes. 44.34 million shares or 1.26% more from 43.79 million shares in 2019Q1 were reported.
California State Teachers Retirement System invested 0.01% in Green Dot Corporation (NYSE:GDOT). Guardian L P owns 4,600 shares for 0% of their portfolio. Tci Wealth has 70 shares. Benjamin F Edwards &, a Missouri-based fund reported 200 shares. Renaissance Lc owns 7,008 shares. Comerica Bank & Trust accumulated 42,043 shares. Cornerstone Inc accumulated 24 shares. Redwood Invs Ltd Liability owns 308,288 shares. 46,600 are owned by State Teachers Retirement System. Ing Groep Nv, Netherlands-based fund reported 7,333 shares. Sei Invests has invested 0.03% in Green Dot Corporation (NYSE:GDOT). Falcon Point Ltd Liability Com holds 35,851 shares. Great West Life Assurance Can accumulated 28,422 shares or 0% of the stock. Ftb Advisors has 51 shares. Taylor Frigon Limited Liability has 42,292 shares.

The stock of Green Dot Corporation (NYSE:GDOT) is a huge mover today! The stock increased 13.41% or $3.45 during the last trading session, reaching $29.22. About 1.20 million shares traded or 35.19% up from the average. Green Dot Corporation (NYSE:GDOT) has declined 35.46% since October 30, 2018 and is downtrending. It has underperformed by 35.46% the S&P500.
The move comes after 8 months positive chart setup for the $1.51 billion company. It was reported on Oct, 30 by Barchart.com. We have $31.27 PT which if reached, will make NYSE:GDOT worth $105.98 million more.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on November, 6. They expect $-0.12 EPS, down 131.58 % or $0.50 from last year’s $0.38 per share. After $0.78 actual EPS reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -115.38 % negative EPS growth.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 4 analysts covering Green Dot Corporation Class A Common Stock (NYSE:GDOT), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Green Dot Corporation Class A Common Stock has $3500 highest and $2900 lowest target. $31.25’s average target is 6.95% above currents $29.22 stock price. Green Dot Corporation Class A Common Stock had 9 analyst reports since May 9, 2019 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 8 by Deutsche Bank. Wood downgraded the shares of GDOT in report on Thursday, August 8 to “Market Perform” rating. The stock has “Hold” rating by Jefferies on Thursday, September 5.

More notable recent Green Dot Corporation (NYSE:GDOT) news were published by: Finance.Yahoo.com which released: “Does Green Dot Corporation’s (NYSE:GDOT) CEO Pay Matter? – Yahoo Finance” on September 03, 2019, also Businesswire.com with their article: “Green Dot to Reschedule Third Quarter 2019 Earnings Call to November 7th – Business Wire” published on October 23, 2019, Finance.Yahoo.com published: “Hedge Funds Aren’t Crazy About Pampa Energia S.A. (PAM) Anymore – Yahoo Finance” on October 23, 2019. More interesting news about Green Dot Corporation (NYSE:GDOT) were released by: Fool.com and their article: “Green Dot’s New Bank Account — Here’s Why Investors Should Pay Attention – Motley Fool” published on July 30, 2019 as well as Fool.com‘s news article titled: “3 Top Fintech Stocks to Buy Right Now – The Motley Fool” with publication date: August 26, 2019.

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer technology bank holding firm that provides personal banking for the masses. The company has market cap of $1.51 billion. It offers reloadable prepaid debit cards and cash reload processing services in the United States, as well as mobile banking services with its GoBank mobile checking account. It has a 13.54 P/E ratio. The company's products include Green Dot MasterCards, Visa-branded prepaid debit cards, and various co-branded reloadable prepaid card programs; Visa-branded gift and credit cards; and swipe reload products, which enables cash loading and transfer services through Green Dot Network.

Green Dot Corporation (NYSE:GDOT) Institutional Positions Chart

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