21.5 C
New York
Saturday, June 3, 2023

What Are The Chances Of Credit Suisse Group AG (NYSE: CS) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Credit Suisse Group AG (CS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0044, or -0.51%, to $0.86. The Credit Suisse Group AG has recorded 789,226 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol “MLPO”).

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

As a NYSE listed company, CS falls under the Financial sector while operating within the Banks – Diversified industry segment. At the end of the last regular session, the stock closed at $0.86 and fluctuated between $0.8825 as its day high and $0.8531 as its day low. The current market capitalization of Credit Suisse Group AG is $3.44B. A total of 37.15 million shares were traded on the day, compared to an average of 48.82M shares.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Credit Suisse Group AG pays an annual dividend of $0.10, resulting in a dividend yield of 11.68%, and it has a price to earnings (P/E) ratio of 1.26. CS’s most recent ex-dividend date was 4/10/2023 when it declared a $0.0547 quarterly dividend that was paid in cash on 4/24/2023. Previously, the company paid the dividend on 5/23/2022 with an ex-dividend date of 5/9/2022. The CS stock dividend was $0.0528 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CS in the last 3 months, the mean price target is $0.88 with high estimates of $1.00 and low estimates of $0.82. In terms of 52-week highs and lows, CS has a high of $7.12 and a low of $0.82.

As of this writing, CS has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $16.31, while its Total Shareholder’s Equity was $44.23B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CS is Underweight with a score of 3.14. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 11 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles