Banco Santander, S.A. (NYSE:SAN) said that it has reached an agreement to terminate Banco Popular Espanol SA’s agreement with Allianz SE (ALV.XE) for the exclusive distribution of certain products. As part of the agreement, Santander Group will pay 936.5 million euros ($1.06 billion) for Banco Santander to acquire Allianz’s 60% stake in Allianz Popular and to terminate the agreement for exclusive distribution of certain non-life insurance products through the Banco Popular network.
Technical Stock Analysis
Banco Santander, S.A. (NYSE:SAN), a Financial sector firm, traded 19.26 Million shares in last trading session and stock went down -0.66% with closing price of $4.49 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Banco Santander, S.A. (NYSE:SAN)’s profitability or to compare the efficiency of different investments, hence, SAN return on investment (ROI) is 6.00%.
52-Week Range
52-Week Range are valuable stats for watching Banco Santander, S.A. (NYSE:SAN)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Banco Santander, S.A. (NYSE:SAN)’s stock value has moved between $4.2 – 5.61 in last one year.
Analyst’s Views
Analysts mean target price for Banco Santander, S.A. (NYSE:SAN) is $5.35.
Stock Performance
Its weekly performance is 2.05% while year to date (YTD) performance is 0.22%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Banco Santander, S.A. (NYSE:SAN)’s EPS growth this year is 13.50%. For best decision making investors should look at Banco Santander, S.A. (NYSE:SAN)’s EPS growth for next year stands at 3.14%.