Nelnet is part of the credit services industry and financial services sector. The company CEO is Jeffrey R. Noordhoek. Nelnet Inc is focused on delivering education-related products and services and loan asset management. It is engaged in student loan servicing, tuition payment processing and school information systems, and communications.
Previous Intraday Performance:
The NNI shares had a previous change of -0.24% which opened at 59.06 and closed at 59.00. It moved to an intraday high of 59.43 and a low of 58.64.
Over the last five trading days, NNI shares returned -0.32% and in the past 30 trading days it returned 2.79%. Over three months, it changed 7.52%. In one year it has changed -0.64% and within that year its 52 week high was 63.97 and its 52 week low was 47.59. NNI stock is 23.98% above its 52 week low.
Our calculations result in a 200 day moving average of 55.25 and a 50 day moving average of 58.68. Right now, NNI stock is trading 6.79% above its 200 day moving average.
The company has a market cap of $2.4b with 39.9m shares outstanding and a float of 35.4m shares. Trading volume was 59,366 shares and has experienced an average volume of 70,022 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
The last annual reported EPS for Nelnet was 5.57 which ended on 31st of December 2018, which according to the previous close, that is a PE of 10.59.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr 2019||Reported 05-08-2019:||1.03|
|4th||Qtr 2018||Reported 02-27-2019:||0.53|
|3rd||Qtr 2018||Reported 11-08-2018:||1.05|
|2nd||Qtr 2018||Reported 08-07-2018:||1.21|
|1st||Qtr 2018||Reported 05-08-2018:||2.78|
The growth of the EPS is critical in understanding the current valuation of Nelnet; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 43.90% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 51.10% of institutional ownership. Short-interest was 300,365, which was 0.75% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.97. This stock has some short interest, but it might be normal and no need to worry if long the position.
The beta was calculated to be 0.47.
Based on last reported financials, the company’s return on assets is 0.67%, profit margin is 9.00%, price-to-sales is 1.34 and price-to-book is 1.01.
Company Score Card:
Results are out of six:
3 : Growth Expectations Result
3 : Financial Safety Result
0 : Past Performance Result
2 : Valuation Result
3 : Dividend Safety Result
2 : Overall Result