At the time of writing, Sumitomo Mitsui Financial Group Inc ADR [SMFG] stock is trading at $16.84, up 1.57%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SMFG shares have gain 4.47% over the last week, with a monthly amount glided 6.99%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Sumitomo Mitsui Financial Group Inc ADR fluctuated between $11.83 and $17.46. Sumitomo Mitsui Financial Group Inc ADR [NYSE: SMFG] shares were valued at $16.84 at the most recent close of the market.
Analyzing the SMFG fundamentals
According to Sumitomo Mitsui Financial Group Inc ADR [NYSE:SMFG], the company’s sales were 63.16B for trailing twelve months, which represents an 4.27% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.08 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.84.
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 16.78 points at the first support level, and at 16.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.89, and for the 2nd resistance point, it is at 16.93.
Ratios To Look Out For
It is important to note that Sumitomo Mitsui Financial Group Inc ADR [NYSE:SMFG] has a current ratio of 2.26. Considering the valuation of this stock, the price to sales ratio is 1.70, the price to book ratio is 1.08 and price to earnings (TTM) ratio is 13.75.
Transactions by insiders
Recent insider trading involved SUMITOMO MITSUI FINANCIAL GROU, Director, that happened on Sep 19 ’24 when 9.25 million shares were purchased.
