ING Groep N.V. ADR (NYSE: ING) Could Soon Experience A Sharp Increase In Its Share Price.

In the last trading session, 3.12 million shares of the ING Groep N.V. ADR (NYSE:ING) were traded, and its beta was 1.57. Most recently the company’s share price was $16.72, and it changed around $0.31 or 1.89% from the last close, which brings the market valuation of the company to $52.65B. ING currently trades at a discount to its 52-week high of $17.18, offering almost -2.75% off that amount. The share price’s 52-week low was $11.78, which indicates that the current value has risen by an impressive 29.55% since then. We note from ING Groep N.V. ADR’s average daily trading volume that its 3-month average coming to 3.20 million.

ING Groep N.V. ADR stock received a consensus recommendation rating of Overweight, based on a mean score of 1.95. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended ING as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. ING Groep N.V. ADR is expected to report earnings per share of $0 for the current quarter.

ING Groep N.V. ADR (NYSE:ING) trade information

Instantly ING has showed a green trend with a performance of 1.89% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 11.32% year-to-date, but still up 6.91% over the last five days. On the other hand, ING Groep N.V. ADR (NYSE:ING) is 5.49% up in the 30-day period.

ING Groep N.V. ADR (ING) estimates and forecasts

ING Groep N.V. ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 31.14 percent over the past six months and at a -13.51% annual growth rate that is well below the industry average of 1.70%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -2.51%. ING Groep N.V. ADR earnings are expected to increase by -9.86% in 2024, but the outlook is positive 2.90% per year for the next five years.

ING Dividends

ING Groep N.V. ADR’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 4.83 percent and its annual dividend per share was 0.81. It is important to note, however, that the 4.83% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.