Citigroup Inc [C] gain 2.29% so far this year. What now?

Citigroup Inc [NYSE: C] traded at a high on 01/12/24, posting a 1.04 gain after which it closed the day’ session at $52.62. The company report on January 12, 2024 at 8:00 AM that Citigroup Reports Fourth Quarter and Full-year 2023 Results.

Today Citi reported fourth quarter and full-year 2023 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with additional financial, statistical, and business-related information, as well as business and segment trends is also available.

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Citigroup will host a conference call today at 12:00 PM (ET) to review these results. To attend the live webcast please visit: https://www.veracast.com/webcasts/citigroup/webinars/Citi4Q23.cfm. A replay and transcript of the webcast will be available shortly after the event.

The results of the trading session contributed to over 37878180 shares changing hands. Over the past one week, the price volatility of Citigroup Inc stands at 2.23% while the volatility over the past one month is 2.21%.

The market cap for C stock reached $100.71 billion, with 1.94 billion shares outstanding and 1.91 billion shares in the current float. Compared to the average trading volume of 19.05M shares, C reached a trading volume of 37878180 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about 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 $60.13 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 2.21. 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.

BMO Capital Markets have made an estimate for Citigroup Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on January 10, 2024.

The Average True Range (ATR) for Citigroup Inc is set at 1.21, with the Price to Sales ratio for C stock in the period of the last 12 months amounting to 0.64. The Price to Book ratio for the last quarter was 0.54.

How has C stock performed recently?

Citigroup Inc [C] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.15. With this latest performance, C shares gained by 9.49% in over the last four-week period, additionally plugging by 15.02% over the last 6 months – not to mention a rise of 8.03% 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 62.41, with the RSI for the last a single of trading hit 56.73, and the three-weeks RSI is set at 64.80 for Citigroup Inc [C]. The present Moving Average for the last 50 days of trading for this stock 47.74, while it was recorded at 53.04 for the last single week of trading, and 45.38 for the last 200 days.

Citigroup Inc [C]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Citigroup Inc [C] shares currently have an operating margin of +19.00. Citigroup Inc’s Net Margin is presently recorded at +14.73.

Return on Total Capital for C is now 2.75, given the latest momentum, and Return on Invested Capital for the company is 3.45. Return on Equity for this stock inclined to 7.42, with Return on Assets sitting at 0.63. When it comes to the capital structure of this company, Citigroup Inc [C] has a Total Debt to Total Equity ratio set at 260.56. Additionally, C Total Debt to Total Capital is recorded at 72.27, with Total Debt to Total Assets ending up at 21.64. Long-Term Debt to Equity for the company is recorded at 132.56, with the Long-Term Debt to Total Capital now at 33.29.

Reflecting on the efficiency of the workforce at the company, Citigroup Inc [C] managed to generate an average of $62,346 per employee.Citigroup Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.46.

Earnings analysis for Citigroup Inc [C]

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 1.20%.

Insider trade positions for Citigroup Inc [C]

The top three institutional holders of C stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in C stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in C stock with ownership which is approximately 5.8325%.