Sizling Stock Update: Citigroup Inc. (NYSE:C)

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Citigroup Inc. (NYSE:C) Global Holding Company Offering Banking, Investment, Insurance And Credit Card Services In More Than 160 Countries. Belonging to the Finance sector which surged 3.12% and closed its last trading session at $47.23.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/14/2016. Currently, the stock has a 1 Year Price Target of $54.3.

The consensus recommendation, according to Zacks Investment research, is 1.63. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.67 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.63 and 1.56 respectively.

Citigroup Inc. on 6/30/2016 reported its EPS as $1.24 with the analysts projecting the EPS of the stock as $1.1. The company beat the analyst EPS Estimate with the difference of $0.14. This shows a surprise factor of 12.7%.

Many analysts have provided their estimated foresights on Citigroup Inc. Earnings, with 25 analysts believing the company would generate an Average Estimate of $1.17. Whereas they predicted High and Low Earnings Estimate as $1.26 and $1.07 respectively. While in the same Quarter Previous year, the Actual EPS was $1.35.

Analysts are also projecting an Average Revenue Estimate for Citigroup Inc. as $17.39 Billion in the Current Quarter. This estimate is provided by 20 analysts. The High Revenue estimate is predicted as 18.32 Billion, while the Low Revenue Estimate prediction stands at 16.86 Billion. The company’s last year sales total was 18.5 Billion.

For the Current Quarter, the growth estimate for Citigroup Inc. is -13.3%, while for the Next Quarter the stock growth estimate is 3.8%. In the past 5 years, the stock showed growth of 1.99% per annum. While for the next 5 years, the growth estimate is 3.73%.

The Company got Downgrade by Goldman on 16-Sep-16 from Buy to Neutral.

Insider Trades for Citigroup Inc. show that the latest trade was made on 19 Jul 2016 where Murray Joseph Michael, the Officer completed a transaction type “Sell” in which 8122 shares were traded at a price of $44.35.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 28700 shares were traded. 6 Insider Sales transactions were made totaling 37241 shares traded.

27 analysts projected Price Targets for Citigroup Inc. The analysts believe that the company stock price could grow as high as $66. The Low Price target projection by analysts is $42 and the Mean Price Target is $54.3.

Citigroup Inc. (NYSE:C) has the market capitalization of $137.71 Billion. The company rocked its 52-Week High of $56.46 on Nov 6, 2015 and touched its 52-Week Low of $34.52 on Feb 11, 2016. The stock has Return on Assets (ROA) of 0.8 percent. Return on Equity (ROE) stands at 6.7% and Return on Investment (ROI) of 8.3 percent.

The stock is currently showing YTD performance of -8.19 Percent. The company has Beta Value of 1.86 and ATR value of 1. The Weekly and Monthly Volatility stands at 2.79% and 2.03%.

Company profile:

Citigroup Inc. is a global financial services company. It provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. The Company also offers various wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, and equity and fixed income research services. Citigroup Inc. is based in New York.