Banco Santander S.A. (NYSE:SAN) price closed higher on Tuesday, August 24, jumping 0.27% above its previous close.
A look at the daily price movement shows that the last close reads $3.68, with intraday deals fluctuated between $3.666 and $3.73. The company’s 5Y monthly beta was ticking 1.74 while its P/E ratio in the trailing 12-month period read 9.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.38 and 52-week low of $1.68. The stock subtracted -2.38% on its value in the past month.
Banco Santander S.A., which has a market valuation of $63.88 billion, is expected to release its quarterly earnings report Jan 25, 2017 – Feb 01, 2017. The company stock has a Forward Dividend ratio of 0.03, while the dividend yield is 0.81%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SAN a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 25% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 25 analysts have assigned SAN a recommendation rating as follows: 5 rate it as a Hold; 15 advise Buy while 3 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Banco Santander S.A. (SAN) stock as Underweight, with 2 recommending Sell. In general, analysts have rated the stock Overweight, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that SAN’s price is at present -1.69% off the SMA20 and -3.00% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.39, with weekly volatility standing at 1.92%. The indicator jumps to 1.82% when calculated based on the past 30 days. Banco Santander S.A. (NYSE:SAN)’s beta value is holding at 1.30, while the average true range (ATR) indicator is currently reading 0.09. Considering analysts have assigned the stock a price target range of $3.05-$5.52 as the low and high respectively, we find the trailing 12-month average consensus price target to be $4.44. Based on this estimate, we see that current price is roughly 17.34% off the estimated low and -49.59% off the forecast high. Investors will no doubt be excited to see the share price fall to $4.54, which is the median consensus price, and at that level SAN would be -23.04% from current price.
Turning out attention to how the Banco Santander S.A. stock has performed in comparison to its peers in the industry, here’s what we find: SAN’s stock is 0.27% on the day and 75.99% in the past 12 months, while Bank of America Corporation (BAC) traded 1.39% in the last session and was positioned 61.46% up on its price 12 months ago. Also, Banco Santander-Chile (BSAC) showed up trend of 1.07% while its price kept floating at 30.44% over the past year. As for Banco Santander S.A., the P/E ratio stands at 9.58 lower than that of Bank of America Corporation’s at 13.88. Elsewhere in the market, the S&P 500 Index has rallied 0.15% in last trading session, with the Dow Jones Industrial also saw a positive session on the day with 0.09%.
An analysis of the Banco Santander S.A. (NYSE:SAN) stock in terms of its daily trading volume indicates that the 3-month average is 5.01 million.
Current records show that the company has 17.31B in outstanding shares. The insiders’ percentage holdings are 21.00% of outstanding shares while the percentage share held by institutions stands at 1.90%. But the 20.98% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.