In the latest trading session, Citigroup (C) closed at $81.14, marking a +2.24% move from the previous day. This move outpaced the S&P 500's daily gain of 1.11%. On the other hand, the Dow registered a gain of 1.19%, and the technology-centric Nasdaq increased by 1.43%.
Heading into today, shares of the U.S. bank had gained 8.58% over the past month, outpacing the Finance sector's gain of 1.91% and the S&P 500's gain of 3.92%.
The upcoming earnings release of Citigroup will be of great interest to investors. The company's earnings report is expected on July 15, 2025. The company is forecasted to report an EPS of $1.7, showcasing a 11.84% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $20.85 billion, up 3.51% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.38 per share and revenue of $83.84 billion, indicating changes of +24.03% and +3.33%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Citigroup. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.27% decrease. Right now, Citigroup possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Citigroup has a Forward P/E ratio of 10.75 right now. For comparison, its industry has an average Forward P/E of 15.02, which means Citigroup is trading at a discount to the group.
Investors should also note that C has a PEG ratio of 0.61 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.26 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 96, placing it within the top 40% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Citigroup Inc. (C): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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