Citigroup Inc. [C] is 21.76% higher this YTD. Is it still time to buy?

Citigroup Inc. [NYSE: C] price surged by 0.40 percent to reach at $0.3. The company report on May 6, 2021 that Citibank Announces $1.5 Billion Redemption of 2.844% Fixed Rate / Floating Rate Notes due May 2022 and $1.5 Billion Redemption of Floating Rate Notes due May 2022.

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Citibank, N.A. is announcing the redemption, in whole, constituting $1,500,000,000 in aggregate principal amount, of its 2.844% Fixed Rate / Floating Rate Notes due May 2022 (the “FXD / FRN notes”) (ISIN: US17325FAY43), and the redemption, in whole, constituting $1,500,000,000 in aggregate principal amount, of its Floating Rate Notes due May 2022 (the “FRN notes”, and together with the FXD / FRN notes, the “notes”) (ISIN: US17325FAX69).

The redemption date for the notes is May 20, 2021. The cash redemption price payable for the notes on May 20, 2021 will equal par plus accrued and unpaid interest. The redemption announced is consistent with Citibank’s liability management strategy and reflects its ongoing efforts to enhance the efficiency of its funding and capital structure. Citibank will continue to consider opportunities to redeem or repurchase securities, based on several factors, including without limitation, the economic value, regulatory changes, potential impact on Citibank’s net interest margin and borrowing costs, the overall remaining tenor of Citibank’s debt portfolio, capital impact, as well as overall market conditions.

A sum of 16909963 shares traded at recent session while its average daily volume was at 18.88M shares. Citigroup Inc. shares reached a high of $75.105 and dropped to a low of $73.22 until finishing in the latest session at $75.08.

The one-year C stock forecast points to a potential upside of 11.91. The average equity rating for C stock is currently 2.10, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $85.23 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 2.10. 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.

Wolfe Research have made an estimate for Citigroup Inc. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on April 05, 2021. The new note on the price target was released on March 29, 2021, representing the official price target for Citigroup Inc. stock. Previously, the target price had yet another raise from $55 to $70, while Berenberg kept a Hold rating on C stock.

The Average True Range (ATR) for Citigroup Inc. is set at 1.57, with the Price to Sales ratio for C stock in the period of the last 12 months amounting to 3.04. The Price to Book ratio for the last quarter was 0.87, with the Price to Cash per share for the same quarter was set at 446.76.

C Stock Performance Analysis:

Citigroup Inc. [C] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.39. With this latest performance, C shares gained by 3.80% in over the last four-week period, additionally plugging by 78.42% over the last 6 months – not to mention a rise of 68.19% 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 61.90, with the RSI for the last a single of trading hit 66.12, and the three-weeks RSI is set at 60.00 for Citigroup Inc. [C]. The present Moving Average for the last 50 days of trading for this stock 72.13, while it was recorded at 73.52 for the last single week of trading, and 58.16 for the last 200 days.

Insight into Citigroup Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Citigroup Inc. [C] shares currently have an operating margin of +15.52. Citigroup Inc.’s Net Margin is presently recorded at +12.36.

Return on Total Capital for C is now 2.03, given the latest momentum, and Return on Invested Capital for the company is 2.55. Return on Equity for this stock inclined to 5.60, with Return on Assets sitting at 0.52. When it comes to the capital structure of this company, Citigroup Inc. [C] has a Total Debt to Total Equity ratio set at 252.61. Additionally, C Total Debt to Total Capital is recorded at 71.64, with Total Debt to Total Assets ending up at 22.23. Long-Term Debt to Equity for the company is recorded at 142.02, with the Long-Term Debt to Total Capital now at 36.34.

Reflecting on the efficiency of the workforce at the company, Citigroup Inc. [C] managed to generate an average of $52,352 per employee.

C Stock EPS

With the latest financial reports released by the company, Citigroup Inc. posted 0.5/share EPS, while the average EPS was predicted by analysts to be reported at 0.28/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 78.60%. 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 10.91%.

Citigroup Inc. [C] Insider Position Details

There are presently around $118,770 million, or 77.90% of C stock, in the hands of institutional investors. The top three institutional holders of C stocks are: VANGUARD GROUP INC with ownership of 168,301,533, which is approximately -0.821% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 160,204,580 shares of the stock with an approximate value of $11.98 billion in C stocks shares; and STATE STREET CORP, currently with $6.64 billion in C stock with ownership of nearly -0.316% of the company’s market capitalization.

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841 institutional holders increased their position in Citigroup Inc. [NYSE:C] by around 139,784,826 shares. Additionally, 771 investors decreased positions by around 97,958,009 shares, while 170 investors held positions by with 1,350,521,973 shares. The mentioned changes placed institutional holdings at 1,588,264,808 shares, according to the latest SEC report filing. C stock had 232 new institutional investments in for a total of 14,161,811 shares, while 109 institutional investors sold positions of 8,060,278 shares during the same period.

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