Mitsubishi UFJ Financial Group Inc. (NYSE: MUFG) is -6.00% lower on its value in year-to-date trading and has touched a low of $4.31 and a high of $7.71 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 MUFG stock was last observed hovering at around $6.51 in the last trading session, with the day’s loss setting it -0.24% off its average median price target of $8.39 for the next 12 months. It is also 30.87% off the consensus price target high of $9.07 offered by 14 analysts, but current levels are -17.42% lower than the price target low of $5.34 for the same period.
Currently trading at $6.27, the stock is -12.47% and -12.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.92 million and changing -3.69% at the moment leaves the stock 9.58% off its SMA200. MUFG registered 3.98% gain for a year compared to 6-month gain of 23.67%.
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The stock witnessed a -14.58% loss in the last 1 month and extending the period to 3 months gives it a 14.63%, and is -11.81% 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 2.81% over the week and 1.59% over the month.
Mitsubishi UFJ Financial Group Inc. (MUFG) has around 134443 employees, a market worth around $85.52B and $32.89B in sales. Current P/E ratio is 26.34 and Fwd P/E is 8.71. Profit margin for the company is 9.00%. Distance from 52-week low is 45.48% and -18.68% from its 52-week high. The company has generated returns on investments over the last 12 months (2.40%).
Mitsubishi UFJ Financial Group Inc. (MUFG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Mitsubishi UFJ Financial Group Inc. (MUFG) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 1.00, where 4 rate it as a Hold and 1 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Mitsubishi UFJ Financial Group Inc. is expected to release its quarterly report on 05/15/2023.The EPS is expected to grow by 46.20% this year.
Mitsubishi UFJ Financial Group Inc. (MUFG) Top Institutional Holders
The shares outstanding are 12.20B, and float is at 12.02B with Short Float at 0.09%.
Mitsubishi UFJ Financial Group Inc. (MUFG): Who are the competitors?
The company’s main competitors (and peers) include KB Financial Group Inc. (KB) that is trading -15.83% down over the past 12 months and The Bank of New York Mellon Corporation (BK) that is -8.54% lower over the same period. Mizuho Financial Group Inc. (MFG) is 9.62% up on the 1-year trading charts.