Sumitomo Mitsui Financial Group Inc ADR (SMFG) stock forecast: Can it reach its 52-week high of $14.53

A share price of Sumitomo Mitsui Financial Group Inc ADR [SMFG] is currently trading at $13.68, up 0.81%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SMFG shares have gain 12.13% over the last week, with a monthly amount drifted -1.79%, and not seem to be holding up well over a long-time horizon.

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

From an analyst’s perspective:

Sumitomo Mitsui Financial Group Inc ADR [NYSE: SMFG] stock has seen the most recent analyst activity on July 20, 2023, when Goldman downgraded its rating to a Neutral. On June 23, 2022, upgrade upgraded it’s rating to Buy. BofA Securities downgraded its rating to a Neutral. Macquarie downgraded its rating to a Neutral. Citigroup downgraded its rating to Sell for this stock on February 04, 2016. In a note dated June 10, 2015, BofA/Merrill downgraded an Neutral rating on this stock.

Sumitomo Mitsui Financial Group Inc ADR experienced fluctuations in its stock price throughout the past year between $8.55 and $14.53. Sumitomo Mitsui Financial Group Inc ADR [NYSE: SMFG] shares were valued at $13.68 at the most recent close of the market.

Analyzing the SMFG fundamentals

Trailing Twelve Months sales for Sumitomo Mitsui Financial Group Inc ADR [NYSE:SMFG] were 62.74B which represents 2.52% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.08 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.62 points at the first support level, and at 13.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.72, and for the 2nd resistance point, it is at 13.75.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sumitomo Mitsui Financial Group Inc ADR [NYSE:SMFG] is 2.31. Considering the valuation of this stock, the price to sales ratio is 1.43, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 12.47.

Related Posts