The Citigroup Inc. (NYSE:C) is going up by 0.06% in today’s trading session, a rise equivalent to 0.04% of the stock’s price from yesterday’s market close. A news came out on 07/21/19 stating that Big banks’ earnings reports point to near-term pain and long-term opportunity by MARKETWATCH. The lowest point that the shares touched during the trading session was $70.865, while the peak of the day was recorded at a share price of $72.17. C finished the previous session at $70.92 according to the data provided by Barchart, while the trading volume was observed to be $3,333,702.
In the 100 days of trading, C managed to top a 66.71% Moving average. Additionally, Citigroup Inc. shares have achieved a 52-week range between 48.42 and 75.24 alongside 100 days raw stochastic set at 90.18%.
The number of shares outstanding, according to the fundamentals of the company, is set at 2.34B, equal to the value of $166.01B in market capitalization. Financial analysts indicate that C shares should be still ranked as a “Outperform”. In the last 30 days, Citigroup Inc. shares went down by -1.65%, adding 72.17 to growth in value, on top of a +6.77% boost since 06/21/19.
Citigroup Inc. (NYSE:C) Analyst’s Estimates
Citigroup Inc. (C) could record at least $1.98 per share in quarterly earnings in the upcoming report on 10/15/2019, a number that would actually represent an increase of 11.95% YOY.
According to the average analyst rating, Citigroup Inc. would be rated as 1.75. Out of 28 different analysts monitoring C stock, 12 analysts rate the stock as a BUY, 3 suggest to give the rating of HOLD, 12 indicate that C is an OUTPERFORM, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERPERFORM.
On May-30-19, the stock earned a Upgrade rating due to a new analyst call from Goldman, while analysts from Jefferies believe that the stock is set at Buy from Hold, as concluded on Feb-22-19. Macquarie, is still rather wary about the stock, deciding to keep the rating at Outperform as confirmed through a call on Jan-07-19.
Regardless of the rating, Barclays did decrease their price from $93 to $82 as they are considering target share price analysis. Standpoint Research, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Dec-26-18, giving the stock a Buy from the Hold rating.
C Key Ratios To Watch:
Taking in account the profitability of the Company, the operating margin has been recorded at +24.12. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 0.95%. Beta value of the stock is recorded at 1.76. Additionally, Citigroup Inc. is recording price volatility of 1.87% for the period of the last seven days and 1.60% in the last 30 days.
Citigroup Inc. (NYSE:C) Technical Outlook
For the period of the last 50 days, Citigroup Inc. had its Raw Stochastic average set at 88.37% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 79.09%. Stochastic %K for Citigroup Inc., with the last 20 days included, was set at 83.59%, having Stochastic %D topping 83.84%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Citigroup Inc. stocks with recording 1.53% in metrics.
Citigroup Inc. Insider Watch:
As far as the position of shares issued by Citigroup Inc. (NYSE:C) for the period concluded at the market close of 07/19/19, 730 institutional investors increased their positions in C shares by 79,995,860, 773 decreased positions by 127,301,746 and 214 institutional investors decided to hold positions at 1,578,691,678. These numbers put the complete list of institutional holdings set at 1,785,989,284 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 136 institutional investments with 9,869,947 new shares in addition to having 103 institutional investors selling their positions in 5,232,930 shares.