What Citigroup Inc. (C) Insiders Are Up To

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Citigroup Inc. (NYSE:C) finished Thursday with a subtraction of -$0.75 to close at $45.58, a downside of -1.62 percent. An average of 17,689,299 shares of common stock have been traded in the last five days. There was a fall of -$2.86 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 17,259,945 shares traded, while the 50-day average volume stands at 18,162,588.

C stock has decreased by -10.54% in the last month. The company shares reached their 1-month lowest point of $45.49 on 09/22/22. With the stock rallying to its 52-week high on 02/11/22, shares of the company touched a low of $43.44 and a high of $73.72 in 52 weeks. It has reached a new high 8 times so far this year and lost -24.52% or -$14.81 in price. In spite of this, the price is down -38.18% from the 52-week high.


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Insider Transactions

11 days have passed since Citigroup Inc. (C) last reported insider trading activity. CITIGROUP INC, who is See General Remark., most recently acquired $4,614,358 shares at $36.25 per share on Sep 12. In this transaction, the insider spent $167,270,478. Head of Human Resources, Wechter Sara, disposed of 14,800 shares at a price of $68.56 on Feb 11. The insider now owns more than $1,014,614 worth of shares. Prior to that, Chief Compliance Officer McNiff Mary went on to Sale 5,000 shares at $68.66 each on Feb 11. An amount of $343,300 was transacted.

Valuation Metrics

Citigroup Inc. (C) has a trailing price-to-earnings (P/E) ratio of 5.74. The stock’s beta is 1.59. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.64, the price-to-book (PB) ratio at 0.49, and the price-to-cash flow ratio at 3.48.

The company has a payout ratio of 25.90%. The company’s most recent quarterly dividend payment was $0.51 a share, without any change from last year. Its latest increase dividend $0.06 reported on Wednesday July 17 2019.

Financial Health

Further, the company has a long term debt to equity ratio of 1.42 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $42.49 billion compared to revenue of $50.48 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Citigroup Inc.’s return on assets was 0.70%.

Earnings Surprise

For the three-month period that ended June 29, Citigroup Inc. had $257.43 billion in total debt. The analyst consensus anticipated Citigroup Inc.’s latest quarter earnings to come in at $1.68 per share, but it turned out to be $2.19, a 30.40% surprise. At the end of the quarter ending June 29, Citigroup Inc.’s stock balance sheet showed total debt was $561.71 billion. Shareholders own equity worth $1.94 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Citigroup Inc. (C) price momentum. RSI 9-day as of the close on 22 September was 21.57%, suggesting the stock is oversold, with historical volatility in this time frame at 17.68%.

As of today, C’s price is $47.10 -5.90% or -$2.86 from its 5-day moving average. C is currently trading -10.64% lower than its 20-day SMA and -5.46% lower than its 100-day SMA. However, the stock’s current price level is +0.18% above the SMA50 and -27.10% below the SMA200.

The stochastic %K and %D were 3.33% and 8.90%, respectively, and the average true range (ATR) was 1.31. With the 14-day stochastic at 1.46% and the average true range at 1.30, the RSI (14) stands at 28.53%. The stock has reached -1.64 on the 9-day MACD Oscillator while the 14-day reading was at -2.08.

Analyst Ratings

Odeon downgraded Citigroup Inc. (NYSE: C) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Citigroup Inc. (C) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell C, while 13 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 11 others rate it as a “buy”.

What is C’s price target for the next 12 months?

Analysts predict a range of price targets between $46.00 and $86.00, with a median target of $57.68. Taking a look at these predictions, the average price target given by analysts for Citigroup Inc. (C) stock is $58.88.

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