Banco Santander S.A. ADR (NYSE: SAN)’s Upside Potential Is High

Banco Santander S.A. ADR (NYSE:SAN) shares, rose in value on Thursday, April 04, with the stock price up by 2.75% to the previous day’s close as strong demand from buyers drove the stock to $5.05.

Actively observing the price movement in the recent trading, the stock is buoying the session at $4.91. The value of beta (5-year monthly) is 1.36 whereas the PE ratio is 7.05 over 12-month period. Referring to stock’s 52-week performance, its high was $4.93, and the low was $3.20. On the whole, SAN has fluctuated by 21.86% over the past month.

The company’s Forward Dividend Ratio is 0.15, with its dividend yield at 2.99%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.23, which is expected to increase to $0.23 for fiscal year $0.76 and then to about $0.79 by fiscal year 2025. Data indicates that the EPS growth is expected to be 8.60% in 2025, while the next year’s EPS growth is forecast to be 3.90%.

Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $63.46 billion, representing an increase of 2.60% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that SAN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0.42, with the price of SAN currently trading nearly 10.61% and 19.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 86.09, while the 7-day volatility ratio is showing 1.04% which for the 30-day chart, stands at 1.16%. Furthermore, Banco Santander S.A. ADR (SAN)’s beta value is 1.20, and its average true range (ATR) is 0.08.

A comparison of Banco Santander S.A. ADR (SAN) with its peers suggests the former has fared considerably weaker in the market. SAN showed an intraday change of 2.75% in today’s session so far, and over the past year, it grew by 35.25%%.

Data on historical trading for Banco Santander S.A. ADR (NYSE:SAN) indicates that the trading volumes over the past 10 days have averaged 3.05 million and over the past 3 months, they’ve averaged 3.02 million. According to company’s latest data on outstanding shares, there are 15.89 billion shares outstanding.

Nearly 0.00% of Banco Santander S.A. ADR’s shares belong to company insiders and institutional investors own 2.51% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.36 million shares as on Mar 15, 2024, resulting in a short ratio of 2.28. According to the data, the short interest in Banco Santander S.A. ADR (SAN) stood at 0.04% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 6.47 million. The stock has risen by 21.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SAN stock heading into the next quarter.

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