Market Resilience: Citigroup Inc (C) Finishes Strong at 67.27, Up 3.27

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Citigroup Inc (NYSE: C) closed the day trading at $67.27 up 3.27% from the previous closing price of $65.14. In other words, the price has increased by $3.27 from its previous closing price. On the day, 21.16 million shares were traded. C stock price reached its highest trading level at $67.52 during the session, while it also had its lowest trading level at $64.7.

Ratios:

For a better understanding of C, let’s look at its different 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 129541832704 and an Enterprise Value of -238950301696. As of this moment, Citigroup’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.78, and their Forward P/E ratio for the next fiscal year is 9.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at -3.426.

Stock Price History:

The Beta on a monthly basis for C is 1.45, which has changed by 0.4156145 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, C has reached a high of $66.99, while it has fallen to a 52-week low of $38.17. The 50-Day Moving Average of the stock is 7.34%, while the 200-Day Moving Average is calculated to be 24.10%.

Shares Statistics:

Over the past 3-months, C traded about 12.45M shares per day on average, while over the past 10 days, C traded about 14989880 shares per day. 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 75.48% stake in the company. Shares short for C as of 1719532800 were 29051138 with a Short Ratio of 2.33, 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

C’s forward annual dividend rate is 2.12, up from 2.12 a year ago. Against a Trailing Annual Dividend Yield of 0.032545287The 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 1714694400. Stock splits for the company last occurred on 2011-05-09 when the company split stock in a 1:10 ratio.

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