Citigroup Inc. (NYSE: C) is -2.47% lower on its value in year-to-date trading and has touched a low of $32.00 and a high of $83.11 in the current 52-week trading range. The C stock was last observed hovering at around $61.66 in the last trading session, with the day’s loss setting it -1.52% off its average median price target of $67.50 for the next 12 months. It is also 45.82% off the consensus price target high of $111.00 offered by 26 analysts, but current levels are -20.28% lower than the price target low of $50.00 for the same period.
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Currently trading at $60.14, the stock is 0.76% and 14.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.21 million and changing -2.47% at the moment leaves the stock 22.71% off its SMA200. C registered -24.54% loss for a year compared to 6-month gain of 15.72%. The firm has a 50-day simple moving average (SMA 50) of $57.55 and a 200-day simple moving average (SMA200) of $50.42.
The stock witnessed a 5.14% loss in the last 1 month and extending the period to 3 months gives it a 37.75%, and is -0.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.05% over the week and 2.39% over the month.
Citigroup Inc. (C) has around 209000 employees, a market worth around $123.58B and $63.59B in sales. Current P/E ratio is 11.75 and Fwd P/E is 9.95. Profit margin for the company is 17.00%. Distance from 52-week low is 87.94% and -27.64% from its 52-week high. The company has generated returns on investments over the last 12 months (8.30%).
Citigroup Inc. (C) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Citigroup Inc. (C) is a “Overweight”. 26 analysts offering their recommendations for the stock have an average rating of 2.00, where 6 rate it as a Hold and 1 think it is a “Overweight”. 19 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Citigroup Inc. quarterly earnings per share for the current quarter are estimated at $1.28 with sales reaching $16.6B over the same period.The EPS is expected to grow by 20.90% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink -9.70% in year-over-year returns.
Citigroup Inc. (C) Top Institutional Holders
2,009 institutions hold shares in Citigroup Inc. (C), with 4.56M shares held by insiders accounting for 0.22% while institutional investors hold 76.34% of the company’s shares. The shares outstanding are 2.08B, and float is at 2.08B with Short Float at 1.22%. Institutions hold 76.17% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 169.69 million shares valued at $7.32 billion. The investor’s holdings represent 8.15% of the C Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 157.74 million shares valued at $6.8 billion to account for 7.58% of the shares outstanding. The other top investors are State Street Corporation which holds 89.03 million shares representing 4.28% and valued at over $3.84 billion, while Bank of America Corporation holds 2.34% of the shares totaling 48.76 million with a market value of $2.1 billion.
Citigroup Inc. (C) Insider Activity
The most recent transaction is an insider purchase by Jacobs Lew W IV, the company’s Director. SEC filings show that Jacobs Lew W IV bought 10,000 shares of the company’s common stock on Oct 14 at a price of $44.09 per share for a total of $0.44 million. Following the purchase, the insider now owns 18438.0 shares.
Citigroup Inc. disclosed in a document filed with the SEC on Oct 14 that REINER GARY M (Director) sold a total of 485 shares of the company’s common stock. The trade occurred on Oct 14 and was made at $102.74 per share for $49829.0. Following the transaction, the insider now directly holds 0.0 shares of the C stock.
Citigroup Inc. (C): Who are the competitors?
The company’s main competitors (and peers) include Mitsubishi UFJ Financial Group Inc. (MUFG) that is trading -19.19% down over the past 12 months. Deutsche Bank Aktiengesellschaft (DB) is 32.27% up on the 1-year trading charts. Short interest in the company’s stock has risen 3.68% from the last report on Nov 12, 2020 to stand at a total of 24.37 million short shares sold with a short interest ratio of 1.12.