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Citigroup (C) Exceeds Market Returns: Some Facts to Consider
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Citigroup (C - Free Report) ended the recent trading session at $134.28, demonstrating a +1.65% change from the preceding day's closing price. This change outpaced the S&P 500's 0.51% gain on the day. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 0.48%.
Prior to today's trading, shares of the U.S. bank had lost 0.44% was narrower than the Finance sector's loss of 3.64% and lagged the S&P 500's gain of 0.74%.
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 October 13, 2026. The company is predicted to post an EPS of $2.67, indicating a 19.2% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $23.74 billion, reflecting a 7.46% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $11.2 per share and revenue of $95.54 billion, indicating changes of +40.53% and +12.11%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Citigroup. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Citigroup holds a Zacks Rank of #3 (Hold).
Looking at valuation, Citigroup is presently trading at a Forward P/E ratio of 11.79. This represents a discount compared to its industry average Forward P/E of 13.06.
Meanwhile, C's PEG ratio is currently 0.59. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. C's industry had an average PEG ratio of 0.93 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 91, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. 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) Exceeds Market Returns: Some Facts to Consider
Citigroup (C - Free Report) ended the recent trading session at $134.28, demonstrating a +1.65% change from the preceding day's closing price. This change outpaced the S&P 500's 0.51% gain on the day. Elsewhere, the Dow saw an upswing of 0.93%, while the tech-heavy Nasdaq appreciated by 0.48%.
Prior to today's trading, shares of the U.S. bank had lost 0.44% was narrower than the Finance sector's loss of 3.64% and lagged the S&P 500's gain of 0.74%.
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 October 13, 2026. The company is predicted to post an EPS of $2.67, indicating a 19.2% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $23.74 billion, reflecting a 7.46% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $11.2 per share and revenue of $95.54 billion, indicating changes of +40.53% and +12.11%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Citigroup. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Citigroup holds a Zacks Rank of #3 (Hold).
Looking at valuation, Citigroup is presently trading at a Forward P/E ratio of 11.79. This represents a discount compared to its industry average Forward P/E of 13.06.
Meanwhile, C's PEG ratio is currently 0.59. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. C's industry had an average PEG ratio of 0.93 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 91, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. 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.