As of Wednesday close, Banco Santander S.A.’s (NYSE:SAN) stock was up $0.03, moving up 0.82 percent to $3.71. The average number of shares traded per day over the past five days has been 2,077,440 shares. 2 times new highs have been achieved over the past 5 days, with a $0.06 gain in that time frame. In the last twenty days, the average volume was 2,379,815, while in the previous 50 days, it was 2,980,290.
Since last month, SAN stock retreated -4.13%. Shares of the company fell to $3.56 on 09/07/23, 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 25.76% or $0.76, and marked a new high 21 times. However, the stock has declined by -9.29% since its 52-week high.
Valuation Metrics
Right now, Banco Santander S.A. (SAN) has a P/E ratio of about 5.80. The stock’s beta is 1.14. Besides these, the trailing price-to-sales (P/S) ratio of 0.63, the price-to-book (PB) ratio of 0.60.
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 $0.16 quarterly earnings, the actual figure was $0.17 per share, beating the consensus estimate by 6.30%.
Technical Picture
This quick technical analysis looks at Banco Santander S.A.’s (SAN) price momentum. With a historical volatility rate of 17.72%, the RSI 9-day stood at 49.94% on 20 September.
With respect to its five-day moving average, the current Banco Santander S.A. price is up by +1.64% percent or $0.06. At present, SAN shares trade -2.37% below its 20-day simple moving average and +2.77% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.09% above its SMA50 and +26.19% above its SMA200.
Stochastic coefficient K was 31.02% and Stochastic coefficient D was 29.08%, while ATR was 0.07. Given the Stochastic reading of 42.47% for the 14-day period, the RSI (14) reading has been calculated as 47.87%. As of today, the MACD Oscillator reading stands at 0.01.
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 15 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.
