In last trading session, ING Groep N.V. (NYSE:ING) saw 3,541,755 shares changing hands with its beta currently measuring 1.76. Company’s recent per share price level of $6.72 trading at -$0.3 or -5.23% at recent trade assigns it a market valuation of $25.97 Billion. That current price of ING’s stock is at a discount of -85.12% from its 52-week high price of $12.44 and is indicating a premium of 32.74% from its 52-week low price of $4.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.41 Million shares which gives us an average trading volume of 8.26 Million if we extend that period to 3-months.
For ING Groep N.V. (ING), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 1.5. Splitting up the data highlights that, out of 25 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 15 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
ING Groep N.V. (NYSE:ING) trade information
In the face of being in the red today for losing -5.08%, in the last five days ING remained trading in the green while hitting it’s week-highest on Tuesday, Jun 23 when the stock touched $7.31-8 price level, adding 8.4% to its value on the day. ING Groep N.V.’s shares saw a change of -44.4% in year-to-date performance and have moved -2.47% in past 5-day. ING Groep N.V. (NYSE:ING) showed a performance of 7.72% in past 30-days. Number of shares sold short was 3.63 Million shares which calculate 0.44 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $8.48 to the stock, which implies a rise of 26.19% to its current value. Analysts have been projecting $5.41 as a low price target for the stock while placing it at a high target of $10.98. It follows that stock’s current price would jump +63.39% in reaching the projected high whereas dropping to the targeted low would mean a loss of -19.49% for stock’s current value.
ING Groep N.V. (ING) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.9% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 1.5% while estimates for its earnings growth in next 5 years are of 0.4%
ING Groep N.V. (NYSE:ING)’s Major holders
Insiders are in possession of 0% of company’s total shares while institution are holding 4.32% percent of that, with stock having share float percentage of 4.32%. Investors also watch the number of corporate investors in a company very closely, which is 314 institutions for ING Groep N.V. that are currently holding shares of the company. Fisher Asset Management, LLC is the top institutional holder at ING for having 50.59 Million shares of worth $260.56 Million. And as of March 30, 2020, it was holding 1.3% of the company’s outstanding shares.
The second largest institutional holder is Morgan Stanley, which was holding about 19.48 Million shares on March 30, 2020. The number of shares represents firm’s hold over 0.5% of outstanding shares, having a total worth of $100.33 Million.
On the other hand, Vanguard/Windsor Fund Inc. and PGIM Jennison Global Equity Income Fund are the top two Mutual Funds which own company’s shares. As of January 30, 2020, the former fund manager was holding 10549795 shares of worth $114.68 Million or 0.27% of the total outstanding shares. The later fund manager was in possession of 2.21 Million shares on February 28, 2020, making its stake of worth around $20.96 Million in the company or a holder of 0.06% of company’s stock.