Sumitomo Mitsui Financial Group Inc ADR (NYSE:SMFG) does about 2.08M shares in volume on a normal day but saw 2020939 shares change hands in the recent trading day. The company now has a market cap of 96.46B USD. Its current market price is $14.94, marking a decrease of -0.80% compared to the previous close of $15.06. The 52 week high reached by this stock is $16.74 whilst the lowest price level in 52 weeks is $10.74.
The consensus objective for the share price is $15.31, suggesting that the stock has a potential upside of 2.42% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is -1.26%, 4.43%, and 5.03% away from its SMA20, SMA50, and SMA200 respectively, with the SMFG price moving above the 50-day SMA on current market day. Sumitomo Mitsui Financial Group Inc ADR (SMFG) stock is down -0.60% over the week and 4.11% over the past month. Its price is 3.11% year-to-date and 18.29% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $1.06T, which analysts say will come at $4.39T for the current fiscal year and next year at $4.67T. In addition, estimates put the company’s current quarterly revenue at an average of $1.07T.
To reach the target analysts have set, the stock logically needs to grow 2.42 percent from here.
The company has a return on investment of 2.86% and return on equity of 7.92%. The price to earnings ratio (P/E ratio) amounts to 12.59 while the forward price to earnings ratio is 11.43. The beta has a value of 0.44. Price to book ratio is 0.98 and price to sales ratio is 1.54.
