Citigroup Inc. [C] fell -29.06% so far this year. What now?

Citigroup Inc. [NYSE: C] plunged by -$0.39 during the normal trading session on Friday and reaching a high of $57.24 during the day while it closed the day at $56.67. The company report on November 29, 2020 that SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Citigroup Inc. – C.

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Pomerantz LLP is investigating claims on behalf of investors of Citigroup Inc. (“Citigroup” or the “Company”) (NYSE:C). Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 7980.

The investigation concerns whether Citigroup and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

Citigroup Inc. stock has also gained 8.69% of its value over the past 7 days. However, C stock has inclined by 8.40% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.60% and lost -29.06% year-on date.

The market cap for C stock reached $118.80 billion, with 2.08 billion shares outstanding and 2.08 billion shares in the current float. Compared to the average trading volume of 26.96M shares, C reached a trading volume of 14267049 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Citigroup Inc. [C]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for C shares is $63.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on C 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.

Keefe Bruyette have made an estimate for Citigroup Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 19, 2020. The new note on the price target was released on October 15, 2020, representing the official price target for Citigroup Inc. stock. Previously, the target price had yet another raise to $57.50, while JP Morgan analysts kept a Neutral rating on C stock.

The Average True Range (ATR) for Citigroup Inc. is set at 1.68, with the Price to Sales ratio for C stock in the period of the last 12 months amounting to 1.87. The Price to Book ratio for the last quarter was 0.67, with the Price to Cash per share for the same quarter was set at 459.13.

C stock trade performance evaluation

Citigroup Inc. [C] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.69. With this latest performance, C shares gained by 37.78% in over the last four-week period, additionally plugging by 14.60% over the last 6 months – not to mention a drop of -25.16% 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 C stock in for the last two-week period is set at 79.39, with the RSI for the last a single of trading hit 83.29, and the three-weeks RSI is set at 72.57 for Citigroup Inc. [C]. The present Moving Average for the last 50 days of trading for this stock 45.58, while it was recorded at 55.15 for the last single week of trading, and 49.31 for the last 200 days.

Citigroup Inc. [C]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Citigroup Inc. [C] shares currently have an operating margin of +23.12. Citigroup Inc.’s Net Margin is presently recorded at +18.63.

Return on Total Capital for C is now 3.69, given the latest momentum, and Return on Invested Capital for the company is 4.84. Return on Equity for this stock inclined to 9.90, with Return on Assets sitting at 0.99. When it comes to the capital structure of this company, Citigroup Inc. [C] has a Total Debt to Total Equity ratio set at 239.85. Additionally, C Total Debt to Total Capital is recorded at 70.58, with Total Debt to Total Assets ending up at 23.68. Long-Term Debt to Equity for the company is recorded at 122.13, with the Long-Term Debt to Total Capital now at 32.59.

Reflecting on the efficiency of the workforce at the company, Citigroup Inc. [C] managed to generate an average of $96,420 per employee.

Earnings per share (EPS) analysis for Citigroup Inc. [C] stock

With the latest financial reports released by the company, Citigroup Inc. posted 2.15/share EPS, while the average EPS was predicted by analysts to be reported at 1.84/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 16.80%. 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 C. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Citigroup Inc. go to -11.95%.

Citigroup Inc. [C]: Insider Ownership positions

There are presently around $88,137 million, or 76.50% of C stock, in the hands of institutional investors. The top three institutional holders of C stocks are: VANGUARD GROUP INC with ownership of 169,694,717, which is approximately -1.601% of the company’s market cap and around 0.25% of the total institutional ownership; BLACKROCK INC., holding 157,735,437 shares of the stock with an approximate value of $8.94 billion in C stocks shares; and STATE STREET CORP, currently with $5.05 billion in C stock with ownership of nearly -1.539% of the company’s market capitalization.

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658 institutional holders increased their position in Citigroup Inc. [NYSE:C] by around 86,811,703 shares. Additionally, 854 investors decreased positions by around 143,220,567 shares, while 165 investors held positions by with 1,325,233,147 shares. The mentioned changes placed institutional holdings at 1,555,265,417 shares, according to the latest SEC report filing. C stock had 96 new institutional investments in for a total of 4,891,009 shares, while 187 institutional investors sold positions of 11,424,754 shares during the same period.

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