Credit Suisse Group AG [CS] is 13.16% higher this YTD. Is it still time to buy?

Credit Suisse Group AG [NYSE: CS] stock went on a downward path that fall over -1.99% on Friday, amounting to a one-week price increase of more than 4.88%. The company report on January 6, 2023 that Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the “ETNs”).

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On January 4, 2023, Credit Suisse announced expected coupon payments for the following ETNs:.

Over the last 12 months, CS stock dropped by -65.14%. The one-year Credit Suisse Group AG stock forecast points to a potential upside of 11.11. The average equity rating for CS stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $13.74 billion, with 4.40 billion shares outstanding and 3.51 billion shares in the current float. Compared to the average trading volume of 20.58M shares, CS stock reached a trading volume of 17592216 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $3.87 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 3.00. 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.

Exane BNP Paribas have made an estimate for Credit Suisse Group AG shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on December 20, 2022. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Sector Perform. The new note on the price target was released on December 19, 2022, representing the official price target for Credit Suisse Group AG stock.

The Average True Range (ATR) for Credit Suisse Group AG is set at 0.13, with the Price to Sales ratio for CS stock in the period of the last 12 months amounting to 1.24. The Price to Book ratio for the last quarter was 0.21, with the Price to Cash per share for the same quarter was set at 97.95. Price to Free Cash Flow for CS in the course of the last twelve months was 1.14.

CS Stock Performance Analysis:

Credit Suisse Group AG [CS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.88. With this latest performance, CS shares gained by 1.78% in over the last four-week period, additionally sinking by -32.45% over the last 6 months – not to mention a drop of -65.14% 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 55.24, with the RSI for the last a single of trading hit 61.06, and the three-weeks RSI is set at 49.74 for Credit Suisse Group AG [CS]. The present Moving Average for the last 50 days of trading for this stock 3.56, while it was recorded at 3.43 for the last single week of trading, and 5.25 for the last 200 days.

Insight into Credit Suisse Group AG 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 +3.18. Credit Suisse Group AG’s Net Margin is presently recorded at -6.29.

Return on Total Capital for CS is now 0.27, given the latest momentum, and Return on Invested Capital for the company is -0.89. Return on Equity for this stock declined to -3.81, with Return on Assets sitting at -0.21. 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 587.29. Additionally, CS Total Debt to Total Capital is recorded at 85.45, with Total Debt to Total Assets ending up at 34.15. Long-Term Debt to Equity for the company is recorded at 329.65, with the Long-Term Debt to Total Capital now at 47.96.

Reflecting on the efficiency of the workforce at the company, Credit Suisse Group AG [CS] managed to generate an average of -$32,928 per employee.

Credit Suisse Group AG [CS] Insider Position Details

There are presently around $317 million, or 2.80% of CS stock, in the hands of institutional investors. The top three institutional holders of CS stocks are: HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with ownership of 26,414,081, which is approximately -2.013% of the company’s market cap and around 3.10% of the total institutional ownership; SHAH CAPITAL MANAGEMENT, holding 6,600,000 shares of the stock with an approximate value of $22.7 million in CS stocks shares; and MORGAN STANLEY, currently with $22.06 million in CS stock with ownership of nearly 19.955% of the company’s market capitalization.

Positions in Credit Suisse Group AG stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 96 institutional holders increased their position in Credit Suisse Group AG [NYSE:CS] by around 30,393,946 shares. Additionally, 97 investors decreased positions by around 18,981,319 shares, while 28 investors held positions by with 42,774,721 shares. The mentioned changes placed institutional holdings at 92,149,986 shares, according to the latest SEC report filing. CS stock had 35 new institutional investments in for a total of 17,544,806 shares, while 45 institutional investors sold positions of 7,646,756 shares during the same period.


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