Banco Santander S.A. (NYSE:SAN) does about 4.16M shares in volume on a normal day but saw 2877613 shares change hands in Monday trading. The company now has a market cap of 56.31B USD. Its current market price is $3.35, remained unchanged the previous close of $3.35. The 52 week high reached by this stock is $4.01 whilst the lowest price level in 52 weeks is $2.26. The script in recent trading has seen the stock touch a high of $3.35 and a low of $3.32.
Banco Santander S.A. (SAN) has a 20-day trading average at $3.16 and the current price is -16.46% off the 52-week high compared with 48.23% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.96 and its 200-day simple moving average is $2.78. If we look at the stock’s price movements over the week, volatility stands at 1.70%, which decreases to 1.53% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.91 to suggest the stock is overbought.
24 analysts observing the Banco Santander S.A. (SAN) stock have set the 12-month price targets for the company’s shares at between $2.91 and $5.52. The consensus objective for the share price is $3.91, suggesting that the stock has a potential upside of 14.32% over the period. The median price target is 20.62% away from the current levels at $4.22.
FactSet Research has provided data showing that 24 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 1 advise that it is a overweight. 15 analysts have rated it as a buy and 7 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Hold the stock.
The current price level is 6.70%, 13.57%, and 20.39% away from its SMA20, SMA50, and SMA200 respectively, with the SAN price moving below the 50-day SMA on January 23. Banco Santander S.A. (SAN) stock is down -0.59% over the week and 13.56% over the past month. Its price is 13.56% year-to-date and -4.83% over the past year.
The company’s next earnings report is expected on 04/25/2023.
Its 12-month price target is $4.22. To reach the target analysts have set, the stock logically needs to grow 14.32 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $2.91, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $5.52.
Outstanding shares total 16.77B with insiders holding 0.00% of the shares and institutional holders owning 1.93% of the company’s common stock. The company has a return on investment of 6.30% and return on equity of 10.70%. The price to earnings ratio (P/E ratio) amounts to 5.44. The beta has a value of 1.08. Price to book ratio is 0.57 and price to sales ratio is 0.82.
According to a U.S. Securities and Exchange Commission filing, Dimensional International Value E has added its position in Banco Santander S.A. (SAN) to 6,210,244 shares, mirroring a recent increase by 0.13%. Dimensional International Value E added 7938.0 shares of Banco Santander S.A. common stock bringing its total worth to about $18.32 million at the end of recent close, SEC documents show.