Citigroup Inc (NYSE: C) has reported E.P.S. of $1.60 for its first fiscal quarter (ending March 31) versus $2.21 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.42 compared to $7.33 a year ago.
Recent Price Action
Citigroup Inc (NYSE: C) stock closed at $59.68 on 4/12/24 after a modest decline of -1.7%. Moreover, unusually high trading volume at 186% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, C is expected to continue to be a Value Builder.
Citigroup has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Citigroup has a very high Power Rating of 90 and a very high Appreciation Score of 99, and the Highest Value Trend Rating results.
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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