For its fourth fiscal quarter (ending December 31), Citigroup Inc (NYSE: C) has reported a -200% decline in E.P.S. from $1.16 a year ago to $-1.16 in the current quarter. This result fell short of the consensus estimate of $0.77 by $-1.93. For the latest four quarters through December 31, E.P.S. were $4.07 versus $7.16 for the same period a year ago — a decline of -43%.
Recent Price Action
On 1/12/24, Citigroup Inc (NYSE: C) stock increased 1.0%, closing at $52.62. Moreover, trading volume in this advance was exceptionally high at 202% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.1% during the last week.
Current PriceTarget Research Rating
C’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Citigroup has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Citigroup has a neutral Power Rating of 58 but a very high Appreciation Score of 99, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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