Credit Suisse Group AG [NYSE: CS] closed the trading session at $9.57 on 07/19/21. The day’s price range saw the stock hit a low of $9.50, while the highest price level was $9.66. The company report on July 6, 2021 that Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol “MLPO”).
On July 1, 2021, Credit Suisse declared a Coupon Amount for the Credit Suisse S&P MLP Index ETN (the “ETN”).
The stocks have a year to date performance of -24.85 percent and weekly performance of -5.34 percent. The stock has been moved at -30.30 percent over the last six months. The stock has performed -8.16 percent around the most recent 30 days and changed -10.10 percent over the most recent 3-months.
If compared to the average trading volume of 6.99M shares, CS reached to a volume of 7486338 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 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 $9.82 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 3.50. 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.
Jefferies have made an estimate for Credit Suisse Group AG shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 15, 2021. The new note on the price target was released on June 24, 2021, representing the official price target for Credit Suisse Group AG stock.
The Average True Range (ATR) for Credit Suisse Group AG is set at 0.19, with the Price to Sales ratio for CS stock in the period of the last 12 months amounting to 1.87. The Price to Book ratio for the last quarter was 0.48, with the Price to Cash per share for the same quarter was set at 160.28.
CS stock trade performance evaluation
Credit Suisse Group AG [CS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.34. With this latest performance, CS shares dropped by -8.16% in over the last four-week period, additionally sinking by -30.30% over the last 6 months – not to mention a drop of -9.06% 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 29.09, with the RSI for the last a single of trading hit 22.99, and the three-weeks RSI is set at 33.13 for Credit Suisse Group AG [CS]. The present Moving Average for the last 50 days of trading for this stock 10.49, while it was recorded at 9.80 for the last single week of trading, and 11.78 for the last 200 days.
Credit Suisse Group AG [CS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Credit Suisse Group AG [CS] shares currently have an operating margin of +12.72. Credit Suisse Group AG’s Net Margin is presently recorded at +8.81.
Return on Total Capital for CS is now 1.22, given the latest momentum, and Return on Invested Capital for the company is 1.49. Return on Equity for this stock inclined to 6.18, with Return on Assets sitting at 0.34. 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 646.16. Additionally, CS Total Debt to Total Capital is recorded at 86.60, with Total Debt to Total Assets ending up at 34.22. Long-Term Debt to Equity for the company is recorded at 328.13, with the Long-Term Debt to Total Capital now at 43.98.
Reflecting on the efficiency of the workforce at the company, Credit Suisse Group AG [CS] managed to generate an average of $54,726 per employee.
Earnings per share (EPS) analysis for Credit Suisse Group AG [CS] stock
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 4.20%.
Credit Suisse Group AG [CS]: Insider Ownership positions
There are presently around $477 million, or 2.10% of CS stock, in the hands of institutional investors. The top three institutional holders of CS stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 4,594,526, which is approximately 37.012% 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 $33.51 million in CS stocks shares; and EARNEST PARTNERS LLC, currently with $29.78 million in CS stock with ownership of nearly -42.622% of the company’s market capitalization.
Positions in Credit Suisse Group AG stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 115 institutional holders increased their position in Credit Suisse Group AG [NYSE:CS] by around 12,902,857 shares. Additionally, 94 investors decreased positions by around 9,715,591 shares, while 31 investors held positions by with 27,219,800 shares. The mentioned changes placed institutional holdings at 49,838,248 shares, according to the latest SEC report filing. CS stock had 39 new institutional investments in for a total of 3,628,595 shares, while 34 institutional investors sold positions of 2,559,487 shares during the same period.