Are Mizuho Financial Group Inc. (NYSE:MFG) shares too expensive at this price?

In the latest session, Mizuho Financial Group Inc. (NYSE: MFG) closed at $2.80 up 2.56% from its previous closing price of $2.73. In other words, the price has increased by $+0.0700 from its previous closing price. On the day, 2575480 shares were traded. MFG stock price reached its highest trading level at $2.8000 during the session, while it also had its lowest trading level at $2.7005.

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Ratios:

For a deeper understanding of Mizuho Financial Group Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.80. In the meantime, Its Debt-to-Equity ratio is 1.56 whereas as Long-Term Debt/Eq ratio is at 1.56.

Upgrades & Downgrades

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 when MIZUHO SECURITIES USA LLC sold 64,745 shares for $10.06 per share. The transaction valued at 651,335 led to the insider holds 3,093,750 shares of the business.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 0.55.

Stock Price History:

Over the past 52 weeks, MFG has reached a high of $3.30, while it has fallen to a 52-week low of $2.10. The 50-Day Moving Average of the stock is 3.1192, while the 200-Day Moving Average is calculated to be 2.5257.

Shares Statistics:

For the past three months, MFG has traded an average of 1.32M shares per day and 1.97M over the past ten days. A total of 12.68B shares are outstanding, with a floating share count of 11.44B. Insiders hold about 0.30% of the company’s shares, while institutions hold 0.50% stake in the company. Shares short for MFG as of Jan 30, 2023 were 1.72M with a Short Ratio of 1.14M, compared to 617.25k on Dec 29, 2022.

Dividends & Splits

According to the company, the forward annual dividend rate for MFG is 0.19, from 75.00 in the trailing year. Against a Trailing Annual Dividend Yield of 2,747.25%, it implies a Forward Annual Dividend Yield of 3.88%. The stock’s 5-year Average Dividend Yield is 4.85.

Earnings Estimates

There are 0 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $1.61 and $0.29 for the fiscal current year, implying an average EPS of $0.95. EPS for the following year is $1.08, with 2 analysts recommending between $1.82 and $0.34.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for MFG’s current fiscal year. The highest revenue estimate was $17.71B, while the lowest revenue estimate was $17.71B, resulting in an average revenue estimate of $17.71B. In the same quarter a year ago, actual revenue was $30.35B, down -41.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $18.4B in the next fiscal year. The high estimate is $18.4B and the low estimate is $18.4B. The average revenue growth estimate for next year is up 3.90% from the average revenue estimate for this year.