ING Groep N.V. ADR (NYSE:ING) price on current trading day, fall -0.23% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.33.
A look at the stock’s price movement, the level at last check in today’s session was $19.37, moving within a range at $19.28 and $19.425. The beta value (5-Year monthly) was 1.28. Turning to its 52-week performance, $20.79 and $14.92 were the 52-week high and 52-week low respectively. Overall, ING moved -1.50% over the past month.
ING Groep N.V. ADR’s market cap currently stands at around $59.84 billion, with investors looking forward to this quarter’s earnings report slated for on 2023-Feb-01. The company has a Forward Dividend ratio of 1.15, with its dividend yield at 5.95%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 5.6B for the company’s revenue for the quarter, with a low and high estimate of 5.42B and 5.76B respectively. The average forecast suggests up to a 0.32% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 22.39B, representing a -1.01% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ING is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 4 recommend ING as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ING’s current price about 4.05% and 1.67% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 54.14, while 7-day volatility ratio is 0.98% and 2.52% in the 30-day chart. Further, ING Groep N.V. ADR (ING) has a beta value of 1.18, and an average true range (ATR) of 0.50. Analysts have given the company’s stock an average 52-week price target of $22.5, forecast between a low of $22.5 and high of $22.5. Looking at the price targets, the low is -16.4% off recent price level in today’s trading while to achieve the yearly target high, it has to move -16.4%. Nonetheless, investors will most likely welcome a -16.4% jump to $22.5 which is the analysts’ median price.
If we refocus on ING Groep N.V. ADR (NYSE:ING), historical trading data shows that trading volumes averaged 2.24 over the past 10 days and 3.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 3.10 billion shares.
The 0.00% of ING Groep N.V. ADR’s shares are in the hands of company insiders while institutional holders own 5.56% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.94 million on 2025-04-15, giving us a short ratio of 1.19. The data shows that as of 2025-04-15 short interest in ING Groep N.V. ADR (ING) stood at 13.0 of shares outstanding, with shares short falling to 5.43 million registered in 2025-03-14. Current price change has pushed the stock 24.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ING stock continues to rise going into the next quarter.
