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Citigroup (C) Registers a Bigger Fall Than the Market: Important Facts to Note
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Citigroup (C - Free Report) closed the most recent trading day at $141.68, moving -2.28% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.05%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.24%.
Coming into today, shares of the U.S. bank had gained 16.28% in the past month. In that same time, the Finance sector gained 2.3%, while the S&P 500 lost 1.42%.
The investment community will be paying close attention to the earnings performance of Citigroup in its upcoming release. The company is slated to reveal its earnings on July 14, 2026. The company is expected to report EPS of $2.62, up 33.67% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $23.24 billion, indicating a 7.27% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.86 per share and a revenue of $93.32 billion, representing changes of +36.26% and +9.49%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Citigroup. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.71% upward. Right now, Citigroup possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Citigroup currently has a Forward P/E ratio of 13.35. Its industry sports an average Forward P/E of 13.63, so one might conclude that Citigroup is trading at a discount comparatively.
One should further note that C currently holds a PEG ratio of 0.62. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 1.09.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 107, finds itself in the top 44% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Citigroup (C) Registers a Bigger Fall Than the Market: Important Facts to Note
Citigroup (C - Free Report) closed the most recent trading day at $141.68, moving -2.28% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.05%. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.24%.
Coming into today, shares of the U.S. bank had gained 16.28% in the past month. In that same time, the Finance sector gained 2.3%, while the S&P 500 lost 1.42%.
The investment community will be paying close attention to the earnings performance of Citigroup in its upcoming release. The company is slated to reveal its earnings on July 14, 2026. The company is expected to report EPS of $2.62, up 33.67% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $23.24 billion, indicating a 7.27% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $10.86 per share and a revenue of $93.32 billion, representing changes of +36.26% and +9.49%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Citigroup. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.71% upward. Right now, Citigroup possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Citigroup currently has a Forward P/E ratio of 13.35. Its industry sports an average Forward P/E of 13.63, so one might conclude that Citigroup is trading at a discount comparatively.
One should further note that C currently holds a PEG ratio of 0.62. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 1.09.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 107, finds itself in the top 44% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.