Is Citigroup Inc (NYSE: C) Back In The Buying Zone?

Currently, there are 1.92B common shares owned by the public and among those 1.91B shares have been available to trade.

The company’s stock has a 5-day price change of -0.90% and 14.79% over the past three months. C shares are trading 14.97% year to date (YTD), with the 12-month market performance up to 17.34% higher. It has a 12-month low price of $38.17 and touched a high of $63.90 over the same period. C has an average intraday trading volume of 16.33 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.83%, 1.95%, and 21.33% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Citigroup Inc (NYSE: C) shares accounts for 73.67% of the company’s 1.92B shares outstanding.

It has a market capitalization of $113.27B and a beta (3y monthly) value of 1.49. The stock’s trailing 12-month PE ratio is 17.39, while the earnings-per-share (ttm) stands at $3.40. The company has a PEG of 1.74 and the debt-to-equity ratio at 2.99. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.88% over the week and 2.40% over the month.

Analysts forecast that Citigroup Inc (C) will achieve an EPS of $Linkers Industries Limited Clas for the current quarter, $0.00 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $NVIDIA Corporation while analysts give the company a high EPS estimate of $Crude Oil May 24. Comparatively, EPS for the current quarter was $Brent Crude Oil Last Day Financ a year ago. Earnings per share for the fiscal year are expected to increase by 43.11%, and 24.77% over the next financial year. EPS should grow at an annualized rate of 10.00% over the next five years, compared to -9.56% over the past 5-year period.

Looking at the support for the C, a number of firms have released research notes about the stock. Evercore ISI stated their In-line rating for the stock in a research note on April 04, 2024, with the firm’s price target at $58-$60. Wells Fargo coverage for the Citigroup Inc (C) stock in a research note released on March 25, 2024 offered a Overweight rating with a price target of $80. Goldman was of a view on March 14, 2024 that the stock is Buy, while Piper Sandler gave the stock Overweight rating on February 14, 2024, issuing a price target of $56- $63. Morgan Stanley on their part issued Overweight rating on January 30, 2024.

Most Popular

Related Posts