Mizuho Financial Group Inc. (NYSE: MFG) is -7.84% lower on its value in year-to-date trading and has touched a low of $2.10 and a high of $2.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MFG stock was last observed hovering at around $2.34 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $2.59 for the next 12 months. It is also 41.54% off the consensus price target high of $4.02 offered by 10 analysts, but current levels are -2.17% lower than the price target low of $2.30 for the same period.
Currently trading at $2.35, the stock is 5.81% and 4.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing 0.43% at the moment leaves the stock -1.80% off its SMA200. MFG registered -8.20% loss for a year compared to 6-month loss of -1.26%.
The stock witnessed a 5.86% gain in the last 1 month and extending the period to 3 months gives it a 0.43%, and is 3.98% up 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 1.66% over the week and 2.22% over the month.
Mizuho Financial Group Inc. (MFG) has around 54492 employees, a market worth around $30.25B and $9.76B in sales. Current P/E ratio is 7.23 and Fwd P/E is 2.35. Profit margin for the company is 42.20%. Distance from 52-week low is 11.90% and -20.07% from its 52-week high. The company has generated returns on investments over the last 12 months (3.10%).
Mizuho Financial Group Inc. (MFG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Mizuho Financial Group Inc. (MFG) is a “Hold”. 10 analysts offering their recommendations for the stock have an average rating of 1.00, where 5 rate it as a Hold and 2 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 287.30% this year
Mizuho Financial Group Inc. (MFG) Top Institutional Holders
The shares outstanding are 12.68B, and float is at 11.44B with Short Float at 0.01%.
Mizuho Financial Group Inc. (MFG): Who are the competitors?
The company’s main competitors (and peers) include KB Financial Group Inc. (KB) that is trading -22.41% down over the past 12 months and Mitsubishi UFJ Financial Group Inc. (MUFG) that is -6.62% lower over the same period. Sumitomo Mitsui Financial Group Inc. (SMFG) is -0.30% down on the 1-year trading charts.