The stock of NatWest Group plc (NYSE:NWG) decreased by -$0.02 on Tuesday to finish at $5.98, down -0.33 percent. The last five days have seen an average of 1,459,120 shares of common stock traded. 14 times new highs were reached in the current year, with a fall of -$0.48. The average number of shares traded over the last 20 days was 1,445,905, while the average volume over the last 50 days totaled 1,409,312.
NWG stock dropped -8.00% since last month. On 08/02/23, the company’s shares reached a one-month low of $5.93. The stock touched a high of $7.80 on 02/01/23, after rallying from a low of $4.70 in 52 weeks. The price of NWG stock has declined by -7.43% or -$0.48 this year, reaching a new high 14 times. Still, the stock price is down -23.28% from the 52-week high.
Valuation Metrics
NatWest Group plc (NWG) has a trailing price-to-earnings (P/E) ratio of 5.28. Beta for the stock is 1.22. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.24, the price-to-book (PB) ratio of 0.63.
Company paid $0.1415 per share in dividends, a decrease of -41.02% from $0.2399 last year. A $0.0984 dividend decrease was reported on Friday July 28 2023.
Financial Health
The company’s long-term debt to equity ratio for the recent quarter is 1.82, and the total debt to equity ratio is 1.82. NatWest Group plc’s operating margin stood at 63.00% for the same period. Based on annual data, it had gross profit of $12.17 billion and revenue of $15.63 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NWG’s return on assets (ROA) during the last 12 months has been 0.50%. There was a 6.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.40%.
Technical Picture
Here’s a quick look at NatWest Group plc’s (NWG) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 37.37%, suggesting the stock is Neutral, with a 19.01% historical volatility rate.
The stochastic %K and %D were 14.11% and 16.23% respectively, while the average true range (ATR) was 0.12. Based on the 14-day stochastic reading of 9.80%, the RSI (14) reading is 40.80%. On the 9-day MACD Oscillator, the stock is at -0.07, and the 14-day reading is at -0.11.
Analyst Ratings
NatWest Group plc (NYSE: NWG) was downgraded by Exane BNP Paribas to a an Underperform rating in its latest research report. The stock was previously rated as a a Neutral. Analysts have assigned NatWest Group plc (NWG) an Overweight rating. NWG is a stock that is recommended for selling by 2 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 12 others recommend it as a buy.
What is NWG’s price target for the next 12 months?
The current consensus forecast for the stock is between $6.38 and $12.87, with a median target price of $8.75. In analyzing these forecasts, the average price target given by analysts for NatWest Group plc (NWG) is $8.77.
