Are stocks too far from their bottom?
Many Wall Street analysts believe that stocks remain far from their bottom. Morgan Stanley’s Michael Wilson, deploying a years-stale Game of Thrones reference, declared Monday that “ winter is here ” for equities.
Is there more room left to fall for stocks?
Richard Sapertein, chief investment officer at a $9 billion money manager, agreed that there's plenty of room left to fall for stocks. The massive uncertainty and volatility mean we haven't seen the bottom yet, and the Fed's quantitative tightening could drag shares even lower.
Which bank stocks are down the most today?
Wells Fargo (NYSE: WFC) stock is also on the list with its shares down roughly 4.6%. That comes as over 24 million shares of the stock traded. Its daily average trading volume is closer to 28.4 million shares. Goldman Sachs (NYSE: GS) is the final bank stock we’re looking at today with shares decreasing around 2.9%.
Is C stock a buy?
The financial health and growth prospects of C, demonstrate its potential to outperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
What is the target price for C?
Stock Price Target CHigh$93.00Median$60.00Low$49.00Average$62.88Current Price$46.52
Is C undervalued?
Once again, C looks incredibly undervalued. Its tangible book value exceeds its market cap and trades at a 1.67x multiple. The market is discounting the tangible book value of C as its market cap trades at $62.33 billion less than its tangible book value.
What is Nasdaq C?
Common Stock (C)
Will C stock go up?
The 24 analysts offering 12-month price forecasts for Citigroup Inc have a median target of 61.50, with a high estimate of 95.00 and a low estimate of 53.00. The median estimate represents a +19.91% increase from the last price of 51.29.
What do the analysts think of the Morgan Stanley stock?
Morgan Stanley (NYSE:MS) The 23 analysts offering 12-month price forecasts for Morgan Stanley have a median target of 103.00, with a high estimate of 125.00 and a low estimate of 83.30. The median estimate represents a +19.12% increase from the last price of 86.47.
What is Goldman Sachs target price?
Stock Price TargetsHigh$519.00Median$420.00Low$321.00Average$416.28Current Price$284.81
What is Amazon's target price?
Based on analysts offering 12 month price targets for AMZN in the last 3 months. The average price target is $178.56 with a high estimate of $212.5 and a low estimate of $107.
How many shares outstanding does Citigroup have?
2.033BCitigroup 2021 shares outstanding were 2.033B, a 2.53% decline from 2020. Citigroup 2020 shares outstanding were 2.086B, a 7.26% decline from 2019.
What is Citigroup's earnings per share in 2021?
What happens if the Fed reiterates its dovish message?
Currently, analysts expect that Citigroup will report earnings of $9.06 per share in 2021. The company’s earnings are projected to decline to $8.25 per share in 2022, so the stock is trading at less than 9 forward P/E which is cheaper compared to peers like Bank of America or JP Morgan.
How much will Citigroup earnings be in 2021?
If Fed reiterates its dovish message, Treasury yields may move lower, which will be bearish for financial stocks. In case Fed hints that it is worried about inflation, markets will start to price in the risks of higher interest rates, which will provide support to financial stocks.
What happened
Currently, analysts expect that Citigroup will report earnings of $9.06 per share in 2021. The company’s earnings are projected ...
So what
Shares of artificial intelligence -for-business stock C3.ai ( AI 0.00% ) are down 8.5% as of 10:40 a.m. EDT Thursday after beating analyst projections for fiscal first-quarter 2022 revenue last night -- but missing badly on earnings.
Now what
Nevertheless, C3.ai CEO Thomas Siebel termed the numbers "strong," highlighting the sales beat -- and sales growth of 29% year over year, most of which was subscription-based, recurring revenue -- and the company's 31% improvement in gross profits.
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Investors right now seem more concerned by the fact that C3.ai went from break-even profits a year ago to losing $0.37 per share in Q1, but management is trying to keep them focused on sales growth.
Now what
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Plus, there's more than a fleeting possibility that Clean Energy stock will go up some more. After all, as Clean Energy explained on Monday, its five-year contract with L.A. Metro contains an option for the transit agency to extend the contract's duration for another three years. That's one future catalyst.
