Mizuho Financial Group, Inc. ADR (NYSE: MFG) is -0.41% lower on its value in year-to-date trading and has touched a low of $3.45 and a high of $6.08 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 $4.87 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $4.87, the stock is -1.85% and -9.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.31 million and changing 0.00% at the moment leaves the stock 2.33% off its SMA200. MFG registered 26.49% gain for a year compared to 6-month gain of 12.99%. The firm has a 50-day simple moving average (SMA 50) of $5.4218 and a 200-day simple moving average (SMA200) of $4.75675.
The stock witnessed a -17.60% loss in the last 1 month and extending the period to 3 months gives it a -4.13%, and is 0.83% 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 1.76% over the week and 3.25% over the month.
Mizuho Financial Group, Inc. ADR (MFG) has around 52307 employees, a market worth around $60.72B and $59.57B in sales. Current P/E ratio is 10.53 and Fwd P/E is 9.22. Profit margin for the company is 9.83%. Distance from 52-week low is 41.16% and -19.90% from its 52-week high. The company has generated returns on investments over the last 12 months (3.04%).
with sales reaching $671.67B over the same period.The EPS is expected to grow by 37.04% this year, but quarterly earnings will post 82.59% year-over-year. Quarterly sales are estimated to shrink -4.74% in year-over-year returns.
328.0 institutions hold shares in Mizuho Financial Group, Inc. ADR (MFG), with institutional investors hold 1.29% of the company’s shares. The shares outstanding are 12.60B, and float is at 12.47B with Short Float at 0.01%. Institutions hold 1.29% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 22.64 million shares valued at $95.77 million. The investor’s holdings represent 0.8933 of the MFG Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 13.46 million shares valued at $56.92 million to account for 0.5309 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 13.43 million shares representing 0.5298 and valued at over $56.81 million, while BLACKROCK INC. holds 0.379 of the shares totaling 9.61 million with a market value of $40.63 million.
