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In the latest session, Citigroup Inc (NYSE: C) closed at $64.66 up 0.25% from its previous closing price of $64.50. In other words, the price has increased by $0.25 from its previous closing price. On the day, 6.76 million shares were traded. C stock price reached its highest trading level at $65.035 during the session, while it also had its lowest trading level at $64.28.
Ratios:
For a deeper understanding of Citigroup Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 3.00 whereas as Long-Term Debt/Eq ratio is at 1.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on April 04, 2024, Reiterated its In-line rating but revised its target price to $60 from $58 previously.
On March 25, 2024, Wells Fargo reiterated its Overweight rating and also lowered its target price recommendation from $70 to $80.
Goldman Upgraded its Neutral to Buy on March 14, 2024, while the target price for the stock was maintained at $68.
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 Oct 18 ’23 when MORTON ANDREW JOHN sold 28,096 shares for $40.66 per share. The transaction valued at 1,142,397 led to the insider holds 410,060 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, C now has a Market Capitalization of 124515770368 and an Enterprise Value of -243929645056. As of this moment, Citigroup’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.05, and their Forward P/E ratio for the next fiscal year is 9.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at -3.497.
Stock Price History:
The Beta on a monthly basis for C is 1.45, which has changed by 0.36154985 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, C has reached a high of $67.81, while it has fallen to a 52-week low of $38.17. The 50-Day Moving Average of the stock is 2.56%, while the 200-Day Moving Average is calculated to be 17.92%.
Shares Statistics:
For the past three months, C has traded an average of 12.34M shares per day and 15636250 over the past ten days. A total of 1.90B shares are outstanding, with a floating share count of 1.90B. Insiders hold about 0.34% of the company’s shares, while institutions hold 75.39% stake in the company. Shares short for C as of 1719532800 were 29051138 with a Short Ratio of 2.35, compared to 1717113600 on 29091392. Therefore, it implies a Short% of Shares Outstanding of 29051138 and a Short% of Float of 1.53.
Dividends & Splits
According to the company, the forward annual dividend rate for C is 2.12, from 2.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.032868214The stock’s 5-year Average Dividend Yield is 3.72. The current Payout Ratio is 51.45% for C, which recently paid a dividend on 2024-05-03 with an ex-dividend date of 1722816000. Stock splits for the company last occurred on 2011-05-09 when the company split stock in a 1:10 ratio.
