Banco Santander S.A. (NYSE:SAN) finished Thursday with an addition of $0.01 to close at $3.79, an upside of 0.13 percent. An average of 2,271,657 shares of common stock have been traded in the last five days. There was a fall of -$0.04 in the past week, and it reached a new high 37 times over the past 12 months. The last 20 days have seen an average of 3,034,969 shares traded, while the 50-day average volume stands at 3,034,398.
SAN stock has decreased by -5.61% in the last month. The company shares reached their 1-month lowest point of $3.77 on 08/25/23. With the stock rallying to its 52-week high on 07/27/23, shares of the company touched a low of $2.26 and a high of $4.09 in 52 weeks. It has reached a new high 21 times so far this year and achieved 28.31% or $0.83 in price. In spite of this, the price is down -7.46% from the 52-week high.
Valuation Metrics
Banco Santander S.A. (SAN) has a trailing price-to-earnings (P/E) ratio of 5.79. The stock’s beta is 1.13. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.63, the price-to-book (PB) ratio at 0.60.
The company has a payout ratio of 9.30%. The company’s most recent quarterly dividend payment was $0.0631 a share, representing a up of 12.88% from $0.0559 last year. Its latest increase dividend $0.0072 reported on Friday March 3 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 3.12 and a total debt to equity ratio of 3.12 for the quarter ending June 29. Its gross profit as reported stood at $40.69 billion compared to revenue of $75.26 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, Banco Santander S.A.’s return on assets was 0.60%.
Earnings Surprise
The analyst consensus anticipated Banco Santander S.A.’s latest quarter earnings to come in at $0.17 per share, but it turned out to be $0.17, a 0.00% surprise. At the end of the quarter ending June 29, Banco Santander S.A.’s stock balance sheet showed total debt was $363.79 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Banco Santander S.A. (SAN) price momentum. RSI 9-day as of the close on 24 August was 39.84%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.85%.
As of today, SAN’s price is $3.81 -1.18% or -$0.04 from its 5-day moving average. SAN is currently trading -6.56% lower than its 20-day SMA and +1.21% higher than its 100-day SMA. However, the stock’s current price level is +8.17% above the SMA50 and +41.39% above the SMA200.
The stochastic %K and %D were 7.88% and 13.17%, respectively, and the average true range (ATR) was 0.07. With the 14-day stochastic at 2.08% and the average true range at 0.07, the RSI (14) stands at 45.11%. The stock has reached -0.02 on the 9-day MACD Oscillator while the 14-day reading was at -0.05.
Analyst Ratings
Barclays launched coverage on Banco Santander S.A. (NYSE: SAN) in its analyst report released on July 18, 2023. The firm assigned the stock an Equal weight rating.
What is SAN’s price target for the next 12 months?
Analysts predict a range of price targets between $4.20 and $6.29, with a median target of $5.31. Taking a look at these predictions, the average price target given by analysts for Banco Santander S.A. (SAN) stock is $5.27.
