Are Analysts Too Bullish On ING Groep N.V. ADR (ING)

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 2.28M but it saw 2320521 shares traded in last market. With a market cap of 50.29B USD, the company’s current market price of $16.73 came rising about 2.26 while comparing to the previous closing price of $16.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.52 and as low as $12.64. In the recent trading on the day, stock has struck highest price mark of $16.565 while lowest mark touched by it was $16.789.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $15.94, while its current price level is -9.67% below from 52-week high level whereas it is 32.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.71 while that of 200 days or SMA-200 reads an average of $16.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.03% during that period while stretching the period over a month that increases to 1.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.96 which implies that the stock is in neutral territory.

Over the week, ING’s stock price is moving 2.51% up while it is 9.73% when we observe its performance for the past one month. Year-to-date it is 7.91% up and over the past year, the stock is showing an upside performance of 20.96%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 2.16. In next quarter, company is expected to be making quarterly sales of $5.51B as analysts are expecting the sales for current fiscal year at $22.53B and seeing the company making $22.46B in sales next year. Moreover, analysts are in estimates of $5.32B for current-quarter revenue.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.16B with 0.00% of that held by the insiders while 5.52% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.79% and return on equity (ROE) at 13.16%. It has a 8.00 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 0.92 while price to sale or P/S ratio amounts to 2.05. Its return on asset (ROA) is 0.65% on average.