why Banco Santander S.A. [SAN] is a Good Choice for Investors After New Price Target of $4.24

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Banco Santander S.A. [NYSE: SAN] jumped around 0.01 points on 1/10/2022, while shares priced at $3.59 at the close of the session, up 0.28%. The company report on January 6, 2022 that Santander Holdings USA, Inc. Announces Extension of Tender Offer to Acquire Shares it Does not Own of Santander Consumer USA Holdings Inc. for $41.50 per Share.

Santander Holdings USA, Inc. (“SHUSA”) today announced that it has extended the expiration date of its previously announced tender offer (the “Tender Offer”) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (“SC”) not already owned by SHUSA for $41.50 per share (the “Offer Price”).


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Under the terms of the merger agreement entered into on August 23, 2021 by and among SHUSA, SC and Max Merger Sub, Inc., a wholly owned subsidiary of SHUSA (the “Purchaser”), the Tender Offer will be followed by a second-step merger (the “Merger” and together with the Tender Offer, the “Transaction”), in which the Purchaser will be merged with and into SC, with SC surviving as a wholly owned subsidiary of SHUSA, and all outstanding shares of common stock of SC not tendered in the Tender Offer will be converted into the right to receive the Offer Price in cash.

Compared to the average trading volume of 5.56M shares, SAN reached a trading volume of 11871719 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Banco Santander S.A. [SAN]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SAN shares is $4.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SAN stock is a recommendation set at 3.00. 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.

Credit Suisse have made an estimate for Banco Santander S.A. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 08, 2021. The new note on the price target was released on September 20, 2021, representing the official price target for Banco Santander S.A. stock.

The Average True Range (ATR) for Banco Santander S.A. is set at 0.08, with the Price to Sales ratio for SAN stock in the period of the last 12 months amounting to 1.23. The Price to Book ratio for the last quarter was 0.65, with the Price to Cash per share for the same quarter was set at 24.34.

How has SAN stock performed recently?

Banco Santander S.A. [SAN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.85. With this latest performance, SAN shares gained by 19.27% in over the last four-week period, additionally sinking by -2.45% over the last 6 months – not to mention a rise of 4.97% 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 SAN stock in for the last two-week period is set at 72.00, with the RSI for the last a single of trading hit 82.75, and the three-weeks RSI is set at 63.49 for Banco Santander S.A. [SAN]. The present Moving Average for the last 50 days of trading for this stock 3.38, while it was recorded at 3.51 for the last single week of trading, and 3.68 for the last 200 days.

Banco Santander S.A. [SAN]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Banco Santander S.A. [SAN] shares currently have an operating margin of +12.97. Banco Santander S.A.’s Net Margin is presently recorded at -13.59.

Return on Total Capital for SAN is now 1.47, given the latest momentum, and Return on Invested Capital for the company is -2.16. Return on Equity for this stock declined to -9.74, with Return on Assets sitting at -0.58. When it comes to the capital structure of this company, Banco Santander S.A. [SAN] has a Total Debt to Total Equity ratio set at 567.96. Additionally, SAN Total Debt to Total Capital is recorded at 85.03, with Total Debt to Total Assets ending up at 30.38. Long-Term Debt to Equity for the company is recorded at 402.30, with the Long-Term Debt to Total Capital now at 60.23.

Reflecting on the efficiency of the workforce at the company, Banco Santander S.A. [SAN] managed to generate an average of -$45,876 per employee.

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Insider trade positions for Banco Santander S.A. [SAN]

There are presently around $1,190 million, or 1.90% of SAN stock, in the hands of institutional investors. The top three institutional holders of SAN stocks are: FISHER ASSET MANAGEMENT, LLC with ownership of 124,214,803, which is approximately 4.787% of the company’s market cap and around 21.00% of the total institutional ownership; MACQUARIE GROUP LTD, holding 21,660,214 shares of the stock with an approximate value of $77.76 million in SAN stocks shares; and LAZARD ASSET MANAGEMENT LLC, currently with $60.95 million in SAN stock with ownership of nearly -0.919% of the company’s market capitalization.

Positions in Banco Santander S.A. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 141 institutional holders increased their position in Banco Santander S.A. [NYSE:SAN] by around 26,753,630 shares. Additionally, 113 investors decreased positions by around 21,727,029 shares, while 92 investors held positions by with 283,128,965 shares. The mentioned changes placed institutional holdings at 331,609,624 shares, according to the latest SEC report filing. SAN stock had 32 new institutional investments in for a total of 9,072,268 shares, while 35 institutional investors sold positions of 6,907,256 shares during the same period.