Place A Check Mark On Citigroup Inc. (C)

Looking into the technicals, Citigroup Inc. (NYSE:C) has scored 100% Sell indication. The stock is also flashing a Sell from the Barchart TrendSpotter trading system. Traders hoping to speculate on the C’s short-term trajectory should know that short terms indicators for the stock averaged 100% Sell with an average daily trading volume over the past 20 days at 17796840 shares. C stock has overall a 1% Sell signal considering medium term indicators and the 50-day average daily volume remained almost 18122836 shares. It’s also worth noting that the stock, whose average daily volume over the 100 days prior to this writing was 15941245 shares, is 100% Sell on the basis of long term indicators.

The share price is currently staying around the first support level of $58.92. Below this, the next support is placed in the zone of $57.78. Till the time, the C stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 33.05 on daily chart, which may remain a cause for comfort. If the price breaks below $57.78 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $60.64 mark may result into a pull-back move towards $61.23 level.

Citigroup Inc. (C) is projected to climb by 41.71 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $101-month high price target. This represents a whopping 68.17 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $84.5, which represents a return potential of 40.69 percent when compared to the closing price of the stock of $60.06 on Thursday, December 06. The lowest price target for the stock is $59 — slightly more than -1.76 percent from C’s current share price.

Here’s a rundown of insider trading activity for sense of Citigroup Inc. (NYSE:C). The earliest insider trade took place on 08/08/2018. Aristeguieta Francisco parted with a total of 15 thousand shares of company at average share price of $72.36. The total for the sales was set at $1.09 million. After this transaction, the CEO, Asia Pacific account balance stood at 99.24 thousand shares. The stock lost -17 percent since that insider sale. On 07/19/2018, Akram Raja, Controller &Chief Acc. Officer, sold 0.5 thousand shares at a price per share of $69.21. This removed 34.61 thousand shares from the insider’s fortune and the stock saw a -13.22 percent retreat in value since the news became public. This transaction left 8.26 thousand shares in the Controller &Chief Acc. Officer account. On 05/16/2018, CFO Gerspach John C performed a sale transaction worth $937.57 thousand. This sale at $72.31 each has eliminated 12.97 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -16.94 percent decrease since the transaction was reported. The insider now is left with 370.09 thousand shares remaining in the account. Forese James A., who performs the President job, sold 6.47 thousand shares for $500.66 thousand. The disposal occurred on 02/27/2018 was priced at $77.43 per share. The share price plunged -22.43 percent since the reporting date. Forese James A. now left with a stake of 530.83 thousand C stock worth $31.88 million after the insider selling.

C shares dropped -2.2 points or -3.53 percent on Thursday to $60.06 with a heavy trade volume of 37.742 million shares. After opening the session at $59.36, the shares went as high as $60.085 and as low as $58.36, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $147 billion and now has 2.45 billion shares outstanding. Citigroup Inc. (C) stock has lost -10.76 percent of market value in 21 trading days.

Analysts at HSBC Securities upped their rating on shares of Citigroup Inc. (NYSE:C) from Hold to Buy in their opinion released on April 11. Macquarie analysts again handed out a Neutral rating to C stock but they lifted target price for the shares in a flash note to investors on February 12. The price target has been raised from $82 to $84. Macquarie, analysts launched coverage of C stock with a Neutral rating, according to their flash note to investors on February 12. Analysts at Keefe Bruyette downgraded the stock to a Mkt Perform call from its previous Outperform stance, in a research note that dated back to January 17.

C stock has a trailing 3-year beta of 1.44, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $6.48 a share in the trailing twelve months. The stock’s value has fallen -19.29 percent year to date (YTD) against a decline of -21.53 percent in 12 month’s time. The company’s shares still trade -25.58 percent away from its 1-year high of $80.70 and -1.73 percent down from 52-week low of $61.12. The average consensus rating on the company is 2.1, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.

Shares of Citigroup Inc. (C) are trading at a P/E ratio of 9.79 times earnings reported for the past 12 months. The industry C operates in has an average P/E of 18.6. Its P/E ratio went as low as 9.55X and as high as 24.56 over the 5-year span. Further, it is sporting a 2.17 on the Price-to-Sales ratio. Compare this with the industry average P/S of 7.82. 0 percent is the gross profit margin for Citigroup Inc. and operating margin sits at 56.8 percent. Along with this, the net profit margin is 25.1 percent.

C will be declaring its Q4 financial results on January 14. Analysts are forecasting revenue to climb 4.9 percent to $18.1B in the next fiscal quarter, while earnings are seen soaring by nearly 28.13 percent to $1.64 per share. History has shown that shares in Citigroup Inc. have gone down on 18 different earnings reaction days and are predicted to add 0.02 percent when the company reports upcoming earnings. In last reported earnings results, it earned $1.73 per share, better than the $1.69, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $18.4B, worse than the $18.5B analysts expected. Earnings are estimated to increase by 14.6 percent this year, 14.29 percent next year and continue to increase by 17.92 percent annually for the next 5 years.