Banco Santander, S.A. (NYSE:SAN) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Banco Santander has received a consensus recommendation of "Moderate Buy" from four analysts, with two holding and two buying ratings.
• Despite a revenue of $17.83 billion surpassing estimates, the bank reported earnings per share of $0.22, falling short of the expected $0.26.
• Institutional investors hold 9.19% of Banco Santander's stock, with several hedge funds recently acquiring new stakes in the company.

Banco Santander, S.A. (NYSE:SAN - Get Free Report) has received an average rating of "Moderate Buy" from the four ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several research firms have recently weighed in on SAN. Kepler Capital Markets lowered shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 1st. Citigroup began coverage on shares of Banco Santander in a research note on Wednesday, June 4th. They issued a "buy" rating for the company.

Institutional Trading of Banco Santander

Several hedge funds have recently bought and sold shares of SAN. Richardson Financial Services Inc. acquired a new stake in Banco Santander in the 2nd quarter valued at $25,000. Wayfinding Financial LLC acquired a new stake in Banco Santander in the 1st quarter valued at $28,000. Westside Investment Management Inc. acquired a new stake in Banco Santander in the 2nd quarter valued at $30,000. Atlantic Union Bankshares Corp acquired a new stake in Banco Santander in the 2nd quarter valued at $30,000. Finally, Smithfield Trust Co acquired a new stake in Banco Santander in the 2nd quarter valued at $30,000. Institutional investors and hedge funds own 9.19% of the company's stock.

Banco Santander Stock Performance

Banco Santander stock opened at $10.06 on Friday. The firm has a 50 day moving average price of $9.15 and a two-hundred day moving average price of $7.93. The firm has a market cap of $149.75 billion, a price-to-earnings ratio of 11.18, a PEG ratio of 0.82 and a beta of 1.08. Banco Santander has a 52-week low of $4.43 and a 52-week high of $10.09.

Banco Santander (NYSE:SAN - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The bank reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.04). The company had revenue of $17.83 billion during the quarter, compared to the consensus estimate of $17.69 billion. Banco Santander had a net margin of 17.30% and a return on equity of 11.98%. Banco Santander has set its FY 2025 guidance at EPS. As a group, equities research analysts predict that Banco Santander will post 0.83 EPS for the current fiscal year.

Banco Santander Company Profile

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.

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