- In December, Citigroup’s charge-offs were recorded at 2.84%.
- Delinquencies for the same period stood at 1.45%.
- The company’s shares experienced a rise of 7.3%, closing at $78.83.
- Approximately 4.28 million shares were traded.
- Analyst recommendations included 17 buys, 6 holds, and no sells.
Citigroup Inc on Smartkarma
Analysts on Smartkarma, including Value Investors Club, are closely monitoring Citigroup Inc (C). Value Investors Club‘s recent report highlighted investor frustration with the bank’s underwhelming profitability compared to its peers, reflected in a conservative valuation of 0.65x TBV. However, the report also points out the potential for improvement as Citigroup possesses excess capital and aims to achieve a 10% Return on Tangible Equity (ROTE) within the next two years.
The analysts at Value Investors Club further predict that if Citigroup meets its targets, there could be a substantial uptick in share value, with Tangible Book Value (TBV) per share potentially hitting $100 and Earnings Per Share (EPS) reaching $10 by 2026. This assessment presents an enticing investment opportunity for those comfortable with the associated risks. The information provided is based on publicly available sources and was originally published 3 months ago on Value Investors Club.
A look at Citigroup Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma’s Smart Scores, Citigroup Inc. shows a strong outlook for value and momentum, scoring high in both categories. The company’s value score of 5 indicates a positive assessment of its financial standing and potential for growth. Additionally, Citigroup’s momentum score of 5 suggests a favorable market sentiment and performance trends in the near future. However, the company’s growth and resilience scores are relatively lower at 2, highlighting areas that may require further attention.
Citigroup Inc. appears to offer good value and strong momentum, positioning it well for potential growth and market performance. With a diversified range of financial services catering to both consumer and corporate clients globally, Citigroup’s high value score of 5 underscores its solid financial foundation. Investors may find Citigroup attractive for its stability and growth opportunities, despite the lower growth and resilience scores reflecting areas for improvement within the company’s strategic outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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