At the last check on Monday, Banco Santander S.A.’s (NYSE:SAN) stock was up $0.03, moving up 0.77 percent to $3.91. The average number of shares traded per day over the past five days has been 4,215,200 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.13 fall in that time frame. In the last twenty days, the average volume was 3,484,890, while in the previous 50 days, it was 3,062,172.
Since last month, SAN stock rose 10.76%. Shares of the company fell to $3.49 on 07/06/23, the lowest level in the past month. A 52-week high of $4.09 was reached on 07/27/23 after having rallying from a 52-week low of $2.26. Since the beginning of this year, SAN’s stock price has risen by 32.54% or $0.96, and marked a new high 21 times. However, the stock has declined by -4.40% since its 52-week high.
Valuation Metrics
Right now, Banco Santander S.A. (SAN) has a P/E ratio of about 5.92. The stock’s beta is 1.13. Besides these, the trailing price-to-sales (P/S) ratio of 0.64, the price-to-book (PB) ratio of 0.62.
The latest dividend of $0.0631 per share was paid out, which is 12.88% more than last year’s $0.0559. On Friday March 3 2023, a $0.0072 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.12, and the total debt-to-equity ratio was 3.12. In the year ended June 29, operating margins totaled 32.30%. Based on annual data, SAN earned $40.69 billion in gross profit and brought in $75.26 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.30%. Return on equity (ROE) for the past 12 months was 10.90%.
While analysts expected Banco Santander S.A. to report $0.17 quarterly earnings, the actual figure was $0.18 per share, beating the consensus estimate by 5.90%.
Technical Picture
This quick technical analysis looks at Banco Santander S.A.’s (SAN) price momentum. With a historical volatility rate of 36.34%, the RSI 9-day stood at 53.38% on 04 August.
With respect to its five-day moving average, the current Banco Santander S.A. price is down by -3.22% percent or -$0.13. At present, SAN shares trade +9.22% above its 20-day simple moving average and +10.76% percent above its 100-day simple moving average. However, the stock is currently trading approximately +13.99% above its SMA50 and +55.78% above its SMA200.
Stochastic coefficient K was 24.44% and Stochastic coefficient D was 27.54%, while ATR was 0.09. Given the Stochastic reading of 40.00% for the 14-day period, the RSI (14) reading has been calculated as 55.96%. As of today, the MACD Oscillator reading stands at -0.08, while the 14-day reading stands at -0.07.
Analyst Ratings
Barclays launched its rating on Banco Santander S.A. (NYSE: SAN) to an Equal weight in a note to investors on July 18, 2023. Banco Santander S.A. (SAN) has been rated Overweight by analysts. According to 1 brokerage firm, SAN is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Banco Santander S.A. stock as buy, with 16 recommending it as overweight.
With a median target price of $5.31, the current consensus forecast for the stock is $4.20 – $6.29. Based on these forecasts, analysts predict Banco Santander S.A. (SAN) will achieve an average price target of $5.24.
