A new trading day began on Monday, with Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) stock price down -2.89% from the previous day of trading, before settling in for the closing price of $13.15. SMFG’s price has ranged from $9.03 to $14.53 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 6.33%. Meanwhile, its annual earnings per share averaged 26.13%. With a float of $19.48 billion, this company’s outstanding shares have now reached $19.71 billion.
Let’s determine the extent of company efficiency that accounts for 120373 employees. In terms of profitability, gross margin is 34.27%, operating margin of 40.95%, and the pretax margin is 36.71%.
Sumitomo Mitsui Financial Group Inc ADR (SMFG) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Diversified Industry. The insider ownership of Sumitomo Mitsui Financial Group Inc ADR is 0.02%, while institutional ownership is 0.47%. The most recent insider transaction that took place on Sep 19 ’24, was worth 551,773,323. In this transaction Director of this company bought 9,247,081 shares at a rate of $59.67, taking the stock ownership to the 9,247,081 shares.
Sumitomo Mitsui Financial Group Inc ADR (SMFG) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.29 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.63% during the next five years compared to 1.33% growth over the previous five years of trading.
Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) Trading Performance Indicators
Here are Sumitomo Mitsui Financial Group Inc ADR’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.37, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.07 in one year’s time.
Technical Analysis of Sumitomo Mitsui Financial Group Inc ADR (SMFG)
Looking closely at Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG), its last 5-days average volume was 1.39 million, which is a jump from its year-to-date volume of 1.27 million. As of the previous 9 days, the stock’s Stochastic %D was 72.29%. Additionally, its Average True Range was 0.29.
During the past 100 days, Sumitomo Mitsui Financial Group Inc ADR’s (SMFG) raw stochastic average was set at 53.56%, which indicates a significant increase from 50.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.46% in the past 14 days, which was lower than the 37.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.95, while its 200-day Moving Average is $12.13. However, in the short run, Sumitomo Mitsui Financial Group Inc ADR’s stock first resistance to watch stands at $12.87. Second resistance stands at $12.96. The third major resistance level sits at $13.03. If the price goes on to break the first support level at $12.71, it is likely to go to the next support level at $12.64. Now, if the price goes above the second support level, the third support stands at $12.55.
Sumitomo Mitsui Financial Group Inc ADR (NYSE: SMFG) Key Stats
With a market capitalization of 248.85 billion, the company has a total of 6,586,985K Shares Outstanding. Currently, annual sales are 53,804 M while annual income is 6,121 M. The company’s previous quarter sales were 15,631 M while its latest quarter income was 2,377 M.
