A new trading day began on Tuesday, with Mizuho Financial Group, Inc. ADR (NYSE: MFG) stock price up 2.43% from the previous day of trading, before settling in for the closing price of $4.12. MFG’s price has ranged from $3.14 to $4.63 over the past 52 weeks.
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Annual sales at Financial sector company grew by 13.29% over the past five years. Meanwhile, its annual earnings per share averaged 23.48%. With a float of $12.67 billion, this company’s outstanding shares have now reached $12.67 billion.
Let’s look at the performance matrix of the company that is accounted for 52307 employees. In terms of profitability, gross margin is 100.0%, operating margin of 16.1%, and the pretax margin is 17.27%.
Mizuho Financial Group, Inc. ADR (MFG) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Mizuho Financial Group, Inc. ADR is 0.01%, while institutional ownership is 0.79%.
Mizuho Financial Group, Inc. ADR (MFG) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.09 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 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.83% during the next five years compared to 40.08% growth over the previous five years of trading.
Mizuho Financial Group, Inc. ADR (NYSE: MFG) Trading Performance Indicators
Here are Mizuho 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 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Mizuho Financial Group, Inc. ADR (MFG)
Mizuho Financial Group, Inc. ADR (NYSE: MFG) saw its 5-day average volume 1.18 million, a negative change from its year-to-date volume of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 33.33%. Additionally, its Average True Range was 0.10.
During the past 100 days, Mizuho Financial Group, Inc. ADR’s (MFG) raw stochastic average was set at 65.25%, which indicates a significant increase from 60.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.85% in the past 14 days, which was lower than the 36.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.14, while its 200-day Moving Average is $4.01. Nevertheless, the first resistance level for the watch stands at $4.25 in the near term. At $4.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.30. If the price goes on to break the first support level at $4.20, it is likely to go to the next support level at $4.17. Assuming the price breaks the second support level, the third support level stands at $4.15.
Mizuho Financial Group, Inc. ADR (NYSE: MFG) Key Stats
With a market capitalization of 53.49 billion, the company has a total of 12,672,551K Shares Outstanding. Currently, annual sales are 57,073 M while annual income is 6,296 M. The company’s previous quarter sales were 1,629 M while its latest quarter income was 202,510 K.
