Opinions
The Panic-Proof Portfolio (Stockchase Research)
OneMain Holdings, Inc.
OMF-N
TOP PICK
Sep 01, 2020
OMF is involved in consumer credit and provides involuntary unemployment insurance as well as auto membership plans in 44 US states. It beat last earnings estimates by $0.58 per share when it reported $0.80. Currently there are 15 buy ratings and EPS are expected to grow by 50% next year. With a PE of only 6.3, it is cheap compared to industry peers averaging 19. It is only trading at 92% of book value. It pays a good dividend that is backed by a low payout ratio of less than 20% of cash flow. We would buy this with a $21 stop-loss and see potentially over 40% upside. Yield 4.6% (Analysts’ price target is $41.20)
$29.140
Stock price when the opinion was issued
Financial Services
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