GreenSky, Inc., a technology company, that enables promotional financing at the point of sale for merchants, consumers, and bank partners.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$11.39|
|52 Week High||US$3.34|
|52 Week Low||US$11.99|
|1 Month Change||47.35%|
|3 Month Change||99.13%|
|1 Year Change||179.85%|
|3 Year Change||-39.38%|
|5 Year Change||n/a|
|Change since IPO||-51.24%|
Recent News & Updates
GreenSky: Take Goldman Sachs Money And Run
GreenSky gets a bid from Goldman Sachs valuing the stock at ~$12 per share. The fintech has long struggled to grow the consumer finance business since going public back in 2018. The stock only trades at 13x '22 EBITDA targets, but the company has since struggled to meet targets and grow.
|GSKY||US IT||US Market|
Return vs Industry: GSKY exceeded the US IT industry which returned 22.3% over the past year.
Return vs Market: GSKY exceeded the US Market which returned 31.5% over the past year.
Stable Share Price: GSKY is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: GSKY's weekly volatility has increased from 11% to 17% over the past year.
About the Company
GreenSky, Inc., a technology company, that enables promotional financing at the point of sale for merchants, consumers, and bank partners. It offers a proprietary technology infrastructure that supports the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions. The company was founded in 2006 and is headquartered in Atlanta, Georgia.
GreenSky Fundamentals Summary
|GSKY fundamental statistics|
Is GSKY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GSKY income statement (TTM)|
|Cost of Revenue||US$366.75m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.41|
|Net Profit Margin||5.50%|
How did GSKY perform over the long term?See historical performance and comparison
Is GreenSky undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GSKY ($11.39) is trading above our estimate of fair value ($8.16)
Significantly Below Fair Value: GSKY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GSKY is poor value based on its PE Ratio (69.6x) compared to the US IT industry average (34.4x).
PE vs Market: GSKY is poor value based on its PE Ratio (69.6x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: GSKY is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: GSKY is overvalued based on its PB Ratio (117.5x) compared to the US IT industry average (5.1x).
How is GreenSky forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GSKY's forecast earnings growth (25.3% per year) is above the savings rate (2%).
Earnings vs Market: GSKY's earnings (25.3% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GSKY's revenue (12.3% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: GSKY's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GSKY's Return on Equity is forecast to be high in 3 years time
How has GreenSky performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSKY has high quality earnings.
Growing Profit Margin: GSKY's current net profit margins (5.5%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: GSKY's earnings have declined by 49.4% per year over the past 5 years.
Accelerating Growth: GSKY's earnings growth over the past year (66.8%) exceeds its 5-year average (-49.4% per year).
Earnings vs Industry: GSKY earnings growth over the past year (66.8%) exceeded the IT industry 28%.
Return on Equity
High ROE: GSKY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is GreenSky's financial position?
Financial Position Analysis
Short Term Liabilities: GSKY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GSKY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GSKY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GSKY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GSKY's debt is well covered by operating cash flow (30.7%).
Interest Coverage: GSKY's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is GreenSky current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GSKY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GSKY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GSKY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GSKY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GSKY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Zalik (46 yo)
Mr. David Zalik Co-Founded GreenSky, LLC in 2006 and serves as its Chief Executive Officer since 2006. Mr. Zalik Co-Founded GreenSky, Inc. in 2006 and serves as its Chief Executive Officer since 2006. Mr....
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD502.37K) is below average for companies of similar size in the US market ($USD3.70M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: GSKY's management team is considered experienced (3.3 years average tenure).
Experienced Board: GSKY's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
GreenSky, Inc.'s employee growth, exchange listings and data sources
- Name: GreenSky, Inc.
- Ticker: GSKY
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: US$2.016b
- Market Cap: US$863.610m
- Shares outstanding: 179.07m
- Website: https://www.greensky.com
Number of Employees
- GreenSky, Inc.
- 5565 Glenridge Connector
- Suite 700
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 22:45|
|End of Day Share Price||2021/09/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.