Take off with Banco Santander S.A. (SAN): Get ready for trading

Banco Santander S.A. (NYSE: SAN) stock fell -3.10% on Friday to $2.50 against a previous-day closing price of $2.58. With 3.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.31 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $2.5600 whereas the lowest price it dropped to was $2.4800. The 52-week range on SAN shows that it touched its highest point at $4.01 and its lowest point at $2.28 during that stretch. It currently has a 1-year price target of $3.99. With its current market cap of 42.31 billion, SAN has annualized dividend of $0.11 while the current yield stands at 4.40%. Beta for the stock currently stands at 1.11.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SAN was down-trending over the past week, with a drop of -1.96%, but this was up by 1.21% over a month. Three-month performance dropped to -14.38% while six-month performance fell -27.95%. The stock lost -26.25% in the past year, while it has lost -24.01% so far this year.

Float and Shares Shorts:

At present, 16.79 billion SAN shares are outstanding with a float of 16.79 billion shares on hand for trading. On Jul 14, 2022, short shares totaled 6.18 million, which was 0.04% higher than short shares on Jun 14, 2022. In addition to Ms. Ana Botin-Sanz de Sautuola y O’Shea as the firm’s Group Exec. Chairwoman, Mr. Jose Antonio Alvarez Alvarez serves as its CEO & Vice Chairman.

Institutional Ownership:

Through their ownership of 1.98% of SAN’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.94% of SAN, in contrast to 0.07% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SAN with 0.89% of the stake, Fisher Asset Management LLC holds 150,126,996 shares worth 150,126,996. A second-largest stockholder of SAN, Macquarie Investment Management B, holds 18,580,500 shares, controlling over 0.11% of the firm’s shares. Mondrian Investment Partners Ltd. is the third largest shareholder in SAN, holding 18,059,372 shares or 0.11% stake. With a 0.03% stake in SAN, the Dimensional International Value E is the largest stakeholder. A total of 5,273,065 shares are owned by the mutual fund manager. The Dimensional International Core Eq, which owns about 0.01% of SAN stock, is the second-largest Mutual Fund holder. It holds 1,637,919 shares valued at 3.95 million. Avantis International Equity ETF holds 0.01% of the stake in SAN, owning 1,155,412 shares worth 2.78 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SAN since 21 analysts follow the stock currently. There are 14 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SAN analysts setting a high price target of $5.33 and a low target of $3.09, the average target price over the next 12 months is $4.12. Based on these targets, SAN could surge 113.2% to reach the target high and rise by 23.6% to reach the target low. Reaching the average price target will result in a growth of 64.8% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. SAN will report FY 2022 earnings on 02/01/2023. Analysts have provided yearly estimates in a range of $0.58 being high and $0.43 being low. For SAN, this leads to a yearly average estimate of $0.51. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Banco Santander S.A. surprised analysts by $0.00 when it reported $0.13 EPS against a consensus estimate of $0.13. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.14.

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