Wells Fargo & Company (NYSE:WFC)

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally.  (Company Press Release)

Wells Fargo & Company (NYSE:WFC)’s Financial Overview

Wells Fargo & Company (NYSE:WFC) surged 0.54% yesterday to close its trading session at $51.86. The company has 1 year Price Target of $51.7. Wells Fargo & Company has 52-Week high of $56.24 and 52-Week Low of $43.55. The stock touched its 52-Week High on Dec 17, 2015 and 52-Week Low on Oct 4, 2016. The stock traded with the volume of 16.25 Million shares yesterday. The firm shows the market capitalization of $260.46 Billion.

Wells Fargo & Company (NYSE:WFC) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $1.03/share against the analyst consensus estimate of $1.01/share. The difference between the actual and expected EPS is $0.02 a share with a surprise factor of 2%.

The firm is trading with SMA20 of 4.53 Percent, SMA50 of 10.88 Percent and SMA200 of 9.07 percent. Wells Fargo & Company has P/S value of 4.99 while its P/B value stands at 1.47. Similarly, the company has Return on Assets of 1.1 percent, Return on Equity of 11.8 percent and Return on Investment of 8.8 Percent. The company shows Gross Margin and Operating Margin of 0 percent and 82.6 percent respectively.

Many brokerage firms are involved in issuing their ratings on Wells Fargo & Company (NYSE:WFC). On 28-Nov-16 Jefferies Downgrade Wells Fargo & Company Stock  to Hold. Another firm also rated the stock on 19-Oct-16 where FBR & Co. Downgrade the stock to Mkt Perform.

The Stock currently has Analyst’ mean Recommendation of 2.5 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 29 analysts offering 12-month price forecasts for Wells Fargo have a median target of 50.00, with a high estimate of 62.00 and a low estimate of 44.00. The median estimate represents a -3.59% decrease from the last price of 51.86.

Wells Fargo & Company is expected* to report earnings on  01/13/2017 before market open.  The report will be for the fiscal Quarter ending Dec 2016.  According to Zacks Investment Research, based on  12 analysts’  forecasts, the consensus EPS forecast for the quarter is $1.01.  The reported EPS for the same quarter last year was $1.03.

Citigroup Inc. (NYSE:C)

Citigroup Inc. is a global financial services company. It provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. The Company also offers various wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, and equity and fixed income research services. Citigroup Inc. is based in New York.

Citigroup Inc. (NYSE:C)’s Financial Outlook

The 26 analysts offering 12-month price forecasts for Citigroup have a median target of 59.00, with a high estimate of 72.00 and a low estimate of 39.00. The median estimate represents a +6.27% increase from the last price of 55.52.

Citigroup Inc. is expected* to report earnings on  01/18/2017 before market open.  The report will be for the fiscal Quarter ending Dec 2016.  According to Zacks Investment Research, based on  9 analysts’  forecasts, the consensus EPS forecast for the quarter is $1.09.  The reported EPS for the same quarter last year was $1.06.

According to Zacks Investment Research, Citigroup Inc. has a Consensus Recommendation of 1.71. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock gained 0.09% and closed its last trading session at $55.52. The company has the market capitalization of $158.22 Billion. The stock has 52-week high of $56.83 and 52-Week low of $34.52. The firm touched its 52-Week high on Nov 23, 2016 and 52-Week low on Feb 11, 2016. The company has volume of 15.72 Million shares. The company has a total of 2.85 Billion shares outstanding.

Citigroup Inc. (NYSE:C) in the last quarter reported its actual EPS of $1.24/share where the analyst estimated EPS was $1.16/share. The difference between the actual and Estimated EPS is $0.08. This shows a surprise factor of 6.9 percent.

The company has YTD performance of 8.28 percent. Beta for Citigroup Inc. stands at 1.75 while its ATR (average true range) is 1.12. The company has Weekly Volatility of 1.40%% and Monthly Volatility of 2.24%%.

Citigroup Inc. has distance from 20-day Simple Moving Average (SMA20) of 5.1%, Distance from 50-Day Simple Moving Average of 11.08 percent and Distance from 200-Day Simple Moving Average of 22.67%.

The Company currently has ROA (Return on Assets) of 0.8 percent, Return on Equity (ROE) of 6.4 Percent and Return on Investment (ROI) of 8.3% with Gross margin of 0 percent and Operating & Profit margin of 66.3% and 23.4% respectively.