Citigroup (C) Lagging In Pre-Market Activity

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Citigroup ( C) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Citigroup as such a stock due to the following factors:

  • C has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $1.3 billion.
  • C traded 88,184 shares today in the pre-market hours as of 7:59 AM.
  • C is down 3.1% today from yesterday's close.

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More details on C:

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. The stock currently has a dividend yield of 0.1%. C has a PE ratio of 13.5. Currently there are 15 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

The average volume for Citigroup has been 20.8 million shares per day over the past 30 days. Citigroup has a market cap of $162.9 billion and is part of the financial sector and banking industry. The stock has a beta of 2.29 and a short float of 1.2% with 1.44 days to cover. Shares are up 3.5% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:
  • Powered by its strong earnings growth of 553.33% and other important driving factors, this stock has surged by 31.30% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, C should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Diversified Financial Services industry. The net income increased by 589.5% when compared to the same quarter one year prior, rising from $468.00 million to $3,227.00 million.
  • 36.46% is the gross profit margin for CITIGROUP INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 14.78% is above that of the industry average.
  • Net operating cash flow has significantly increased by 315.30% to $14,249.00 million when compared to the same quarter last year. In addition, CITIGROUP INC has also vastly surpassed the industry average cash flow growth rate of 17.84%.

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