Citigroup Inc. [C] Is Still Undervalued at $57.20

Citigroup Inc. [C] stock is up 3.12 while the S&P 500 has risen 0.18% on Wednesday, 12/02/20. While at the time of this article, C ATR is sitting at 1.75, with the beta value at 1.98. This stock’s volatility for the past week remained at 2.89%, while it was 2.91% for the past 30-day period. C has risen $1.73 from the previous closing price of $55.47 on volume of 26.8 million shares.

On 3, December 2020, SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Citigroup Inc. – C. According to news published on Yahoo Finance, Pomerantz LLP is investigating claims on behalf of investors of Citigroup Inc. (“Citigroup” or the “Company”) (NYSE: C). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

Analyst Birdseye View:

The most recent analyst activity for Citigroup Inc. [NYSE:C] stock was on October 15, 2020, when it was Downgrade with a Hold rating from DZ Bank, which also raised its 12-month price target on the stock to $45. Before that, on November 19, 2020, Keefe Bruyette Recapitulated an Outperform rating and elevated its amount target to $65. On October 08, 2020, JP Morgan Downgrade a Neutral rating and boosted its price target on this stock to $57.50. On August 18, 2020, Odeon Downgrade a Sell rating. On July 17, 2020, Odeon Downgrade a Hold rating. On July 08, 2020, Seaport Global Securities Initiated a Buy rating and boosted its amount on this stock to $65. On July 07, 2020, Societe Generale Upgrade a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $32.00 and a peak of $83.11. Right now, according to Wall Street analyst the average 12-month amount target is $65.13. At the most recent market close, shares of Citigroup Inc. [NYSE:C] were valued at $57.20. According to the average price forecast, investors can expect a potential return of -0.38%.

FUNDAMENTAL ANALYSIS

Citigroup Inc. [NYSE:C] most recently reported quarterly sales of 13.31 billion, which represented growth of -30.60%. This publicly-traded organization’s revenue is $517,640 per employee, while its income is $96,420 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.99, 9.90, 3.69 and 4.84 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 70.58 and the whole liability to whole assets at 23.68. It shows enduring liability to the whole principal at 32.59 and enduring liability to assets at 0.11 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 55.83 points at 1st support level, the second support level is making up to 54.46. But as of 1st resistance point, this stock is sitting at 57.99 and at 58.79 for 2nd resistance point.

Citigroup Inc. [C] reported its earnings at $1.4 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.92/share signifying the difference of 0.48 and 52.20% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.5 calling estimates for $0.28/share with the difference of 0.22 depicting the surprise of 78.60%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.75, it’s amount to book ratio is 0.96 and showing 11.17 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Jacobs Lew W IV, Director, and it was the purchase of 10000.0 shares on Oct 14. REINER GARY M, the Director, completed a sale of 485.0 shares on Oct 14.