Banco Santander S.A. [SAN] is -18.84% lower this YTD. Is it still time to buy?

Banco Santander S.A. [NYSE: SAN] loss 0.00% on the last trading session, reaching $2.67 price per share at the time. The company report on November 2, 2022 that Santander Bank Raises Its Prime Rate to 7.00%.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


Santander Bank, N.A. announced today it has raised its prime rate from 6.25% to 7.00%, effective November 2, 2022.

Santander Bank, N.A. is one of the country’s largest retail and commercial banks with $102 billion in assets. With its corporate offices in Boston, the Bank’s nearly 8,600 employees and nearly 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN) – one of the most respected banking groups in the world with 159 million customers in the U.S., Europe, and Latin America. It is overseen by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit www.santanderbank.com.

Banco Santander S.A. represents 16.77 billion in outstanding shares, while the company has a total market value of $43.38 billion with the latest information. SAN stock price has been found in the range of $2.64 to $2.69.

If compared to the average trading volume of 5.35M shares, SAN reached a trading volume of 6310769 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 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 $3.99 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.

Citigroup have made an estimate for Banco Santander S.A. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 27, 2022. The new note on the price target was released on April 01, 2022, representing the official price target for Banco Santander S.A. stock.

The Average True Range (ATR) for Banco Santander S.A. is set at 0.09, with the Price to Sales ratio for SAN stock in the period of the last 12 months amounting to 0.70. The Price to Book ratio for the last quarter was 0.50, with the Price to Cash per share for the same quarter was set at 29.42.

Trading performance analysis for SAN stock

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 1.14. With this latest performance, SAN shares gained by 10.33% in over the last four-week period, additionally sinking by -3.61% over the last 6 months – not to mention a drop of -28.80% 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 55.89, with the RSI for the last a single of trading hit 56.71, and the three-weeks RSI is set at 54.82 for Banco Santander S.A. [SAN]. The present Moving Average for the last 50 days of trading for this stock 2.52, while it was recorded at 2.63 for the last single week of trading, and 2.91 for the last 200 days.

Banco Santander S.A. [SAN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Banco Santander S.A. [SAN] shares currently have an operating margin of +21.60. Banco Santander S.A.’s Net Margin is presently recorded at +12.29.

Return on Total Capital for SAN is now 2.54, given the latest momentum, and Return on Invested Capital for the company is 1.93. Return on Equity for this stock inclined to 9.74, with Return on Assets sitting at 0.52. 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 557.19. Additionally, SAN Total Debt to Total Capital is recorded at 84.78, with Total Debt to Total Assets ending up at 30.07. Long-Term Debt to Equity for the company is recorded at 407.30, with the Long-Term Debt to Total Capital now at 61.98.

Reflecting on the efficiency of the workforce at the company, Banco Santander S.A. [SAN] managed to generate an average of $41,224 per employee.

An analysis of insider ownership at Banco Santander S.A. [SAN]

There are presently around $912 million, or 2.00% 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 139,610,836, which is approximately -7.005% of the company’s market cap and around 21.00% of the total institutional ownership; MONDRIAN INVESTMENT PARTNERS LTD, holding 20,412,142 shares of the stock with an approximate value of $54.5 million in SAN stocks shares; and MACQUARIE GROUP LTD, currently with $49.61 million in SAN stock with ownership of nearly -5.022% of the company’s market capitalization.

Positions in Banco Santander S.A. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 119 institutional holders increased their position in Banco Santander S.A. [NYSE:SAN] by around 26,562,522 shares. Additionally, 156 investors decreased positions by around 31,075,424 shares, while 71 investors held positions by with 283,882,354 shares. The mentioned changes placed institutional holdings at 341,520,300 shares, according to the latest SEC report filing. SAN stock had 27 new institutional investments in for a total of 1,219,498 shares, while 50 institutional investors sold positions of 3,144,765 shares during the same period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here