The stock of Banco Santander S.A. (NYSE:SAN) decreased by -$0.02 on Tuesday to $3.86, down -0.52 percent. The last five days have seen an average of 2,179,910 shares of common stock traded. 21 times new highs were reached in the current year, with a gain of $0.91. The average number of shares traded over the last 20 days was 3,375,133, while the average volume over the last 50 days totaled 3,021,173.
SAN stock appreciated 0.26% since last month. On 08/08/23, the company’s shares reached a one-month low of $3.78. The stock touched a high of $4.09 on 07/27/23, after rallying from a low of $2.26 in 52 weeks. The price of SAN stock has risen by 30.85% or $0.91 this year, reaching a new high 21 times. Still, the stock price is down -5.62% from the 52-week high.
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Valuation Metrics
Banco Santander S.A. (SAN) has a trailing price-to-earnings (P/E) ratio of 5.84. Beta for the stock is 1.13. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.63, the price-to-book (PB) ratio of 0.61.
Company paid $0.0631 per share in dividends, an increase of 12.88% from $0.0559 last year. A $0.0072 dividend increase was reported on Friday March 3 2023.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 3.12, and the total debt to equity ratio is 3.12. Banco Santander S.A.’s operating margin stood at 32.30% for the same period. Based on annual data, it had gross profit of $40.69 billion and revenue of $75.26 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SAN’s return on assets (ROA) during the last 12 months has been 0.60%. There was a 6.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.90%.
Earnings Surprise
According to Banco Santander S.A.’s quarterly financial report for the quarter that ended June 29. It was predicted that Banco Santander S.A.’s quarterly earnings would be $0.18, but it ended up being $0.17, beating the consensus by 5.90%. At the end of Banco Santander S.A.’s most recent quarter ended June 29, its total debt was $363.79 billion.
Technical Picture
Here’s a quick look at Banco Santander S.A.’s (SAN) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 46.57%, suggesting the stock is Neutral, with a 23.60% historical volatility rate.
The stochastic %K and %D were 33.74% and 40.37% respectively, while the average true range (ATR) was 0.08. Based on the 14-day stochastic reading of 24.69%, the RSI (14) reading is 50.66%. On the 9-day MACD Oscillator, the stock is at -0.01, and the 14-day reading is at -0.03.
Analyst Ratings
In its analyst report released on July 18, 2023, Barclays began covering Banco Santander S.A. (NYSE: SAN). The stock was rated as an Equal weight by the brokerage firm. Analysts have assigned Banco Santander S.A. (SAN) an Overweight rating. SAN is a stock that is recommended for selling by 1 brokerage firm, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 16 others recommend it as a buy.
What is SAN’s price target for the next 12 months?
The current consensus forecast for the stock is between $4.20 and $6.29, with a median target price of $5.31. In analyzing these forecasts, the average price target given by analysts for Banco Santander S.A. (SAN) is $5.27.
