Banco Santander (NYSE:SAN - Get Free Report) issued its quarterly earnings results on Wednesday. The bank reported $0.21 earnings per share for the quarter, hitting analysts' consensus estimates of $0.21, Zacks reports. Banco Santander had a net margin of 15.88% and a return on equity of 11.90%.
Banco Santander Price Performance
Banco Santander stock traded down $0.14 during mid-day trading on Friday, reaching $5.64. The company had a trading volume of 4,340,831 shares, compared to its average volume of 3,342,491. The business has a fifty day simple moving average of $4.83 and a 200 day simple moving average of $4.83. The company has a market cap of $89.18 billion, a P/E ratio of 6.79, a P/E/G ratio of 0.73 and a beta of 1.12. Banco Santander has a fifty-two week low of $3.87 and a fifty-two week high of $5.82. The company has a current ratio of 2.24, a quick ratio of 0.23 and a debt-to-equity ratio of 13.83.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on SAN. StockNews.com upgraded Banco Santander from a "hold" rating to a "buy" rating in a research note on Thursday. Morgan Stanley raised Banco Santander from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, November 26th.
Check Out Our Latest Report on Banco Santander
About Banco Santander
(
Get Free Report)
Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.
See Also
Before you consider Banco Santander, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banco Santander wasn't on the list.
While Banco Santander currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
