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Is Banco Santander S.A. (NYSE: SAN) A Great Stock To Invest In?

Banco Santander S.A. (NYSE:SAN) traded at $2.53 at close of the session on Wednesday, September 21, made a downward move of -1.94% on its previous day’s price.

Looking at the stock we see that its previous close was $2.58 and the beta (5Y monthly) reads 1.64 with the day’s price range being $2.56 – $2.61. The company has a trailing 12-month PE ratio of 4.69. In terms of its 52-week price range, SAN has a high of $4.01 and a low of $2.28. The company’s stock has gained about 2.38% over that past 30 days.

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Banco Santander S.A. has a market cap of $43.66 billion and is expected to release its quarterly earnings report on Jan 25, 2017 – Feb 01, 2017. With its Forward Dividend at 0.11 and a yield of 4.26%, the company’s investors could be anxious for the SAN stock to gain ahead of the earnings release.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the SAN stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Based on estimates by 21 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Banco Santander S.A. (SAN) stock as a Hold, while 14 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 1.75% off its SMA20 and 1.21% from its 50-day simple moving average. The RSI (14) is pointing at 49.88 while the volatility over the past week is 2.25% and jumps to 2.46% over the past one month. The beta value is 1.11, while the average true range (ATR) is currently pointing at 0.08. The average price target for the stock over the next 12 months is $4.12, with the estimates having a low of $3.09 and a high of $5.33. These price ends are -22.13% and -110.67% off the current price level respectively, although investors could be excited at the prospect of a -63.24% if the SAN share price touches on the median price of $4.13.

Let’s briefly compare Banco Santander S.A. (SAN) stock to its peers. We find that current price change of -1.94% and -24.12% over the past 12 months for SAN competes that of Bank of America Corporation (BAC), which has seen its stock price fall -0.50% in the last trading session and was -12.63% over the last one year. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.57% and 0.58%, respectively, at close of the trading.

Coming back to Banco Santander S.A. (NYSE:SAN), we note that the average 3-month trading volume was 6.31 million, while that of the preceding 10-day period stands at 5.56 million. Current shares outstanding are 16.79 billion.

The insiders hold 21.00% of the company’s shares while institutions hold 2.00%. The data shows that short shares as of Jul 14, 2022, stood at 6.18 million at a short ratio of 0.63. This represents a 0.04% short interest in shares outstanding on Jul 14, 2022. Shares short rose in July from the previous month at 4.56 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -21.58% down in year-to-date price movement.

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