Credit Suisse Group AG [NYSE: CS] loss -1.31% or -0.16 points to close at $12.05 with a heavy trading volume of 2210490 shares. The company report on November 4, 2020 that Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the “ETNs”).
On November 2, 2020, Credit Suisse declared coupon payments for the following ETNs:.
It opened the trading session at $12.20, the shares rose to $12.295 and dropped to $12.05, the range by which the price of stock traded the whole day. The daily chart for CS points out that the company has recorded 42.43% gains over the past six months. However, it is still -87.99% lower than its most recent low trading price.
If we look at the average trading volume of 2.77M shares, CS reached to a volume of 2210490 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Credit Suisse Group AG [CS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CS shares is $14.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Kepler have made an estimate for Credit Suisse Group AG shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 05, 2020. The new note on the price target was released on September 03, 2020, representing the official price target for Credit Suisse Group AG stock.
The Average True Range (ATR) for Credit Suisse Group AG is set at 0.33, with the Price to Sales ratio for CS stock in the period of the last 12 months amounting to 1.72. The Price to Book ratio for the last quarter was 0.59, with the Price to Cash per share for the same quarter was set at 183.80.
Trading performance analysis for CS stock
Credit Suisse Group AG [CS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.88. With this latest performance, CS shares gained by 11.47% in over the last four-week period, additionally plugging by 42.43% over the last 6 months – not to mention a drop of -6.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CS stock in for the last two-week period is set at 69.03, with the RSI for the last a single of trading hit 72.02, and the three-weeks RSI is set at 64.45 for Credit Suisse Group AG [CS]. The present Moving Average for the last 50 days of trading for this stock 10.54, while it was recorded at 11.91 for the last single week of trading, and 10.11 for the last 200 days.
Credit Suisse Group AG [CS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Credit Suisse Group AG [CS] shares currently have an operating margin of +12.06. Credit Suisse Group AG’s Net Margin is presently recorded at +9.72.
Return on Total Capital for CS is now 1.38, given the latest momentum, and Return on Invested Capital for the company is 1.97. Return on Equity for this stock inclined to 7.81, with Return on Assets sitting at 0.44. When it comes to the capital structure of this company, Credit Suisse Group AG [CS] has a Total Debt to Total Equity ratio set at 614.29. Additionally, CS Total Debt to Total Capital is recorded at 86.00, with Total Debt to Total Assets ending up at 34.05. Long-Term Debt to Equity for the company is recorded at 300.04, with the Long-Term Debt to Total Capital now at 42.01.
Reflecting on the efficiency of the workforce at the company, Credit Suisse Group AG [CS] managed to generate an average of $71,438 per employee.
Credit Suisse Group AG [CS]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Credit Suisse Group AG go to 13.30%.
An analysis of insider ownership at Credit Suisse Group AG [CS]
There are presently around $629 million, or 2.50% of CS stock, in the hands of institutional investors. The top three institutional holders of CS stocks are: EARNEST PARTNERS LLC with ownership of 5,271,012, which is approximately 2.96% of the company’s market cap and around 3.10% of the total institutional ownership; ALLIANZ ASSET MANAGEMENT GMBH, holding 3,501,266 shares of the stock with an approximate value of $42.19 million in CS stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $32.13 million in CS stock with ownership of nearly 11.588% of the company’s market capitalization.
97 institutional holders increased their position in Credit Suisse Group AG [NYSE:CS] by around 5,607,576 shares. Additionally, 79 investors decreased positions by around 10,666,099 shares, while 28 investors held positions by with 35,962,809 shares. The mentioned changes placed institutional holdings at 52,236,484 shares, according to the latest SEC report filing. CS stock had 32 new institutional investments in for a total of 1,075,031 shares, while 30 institutional investors sold positions of 2,328,096 shares during the same period.