Banco Santander, S.A. (NYSE:SAN) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Banco Santander has received a consensus recommendation of "Moderate Buy" from five analysts, with ratings including two holds, two buys, and one strong buy.
• The bank reported a quarterly EPS of $0.22, missing estimates by $0.04, but had a revenue of $17.83 billion, surpassing expectations.
• Significant institutional activity has been observed, including GAMMA Investing LLC increasing its stake by 791.8% during the first quarter.

Banco Santander, S.A. (NYSE:SAN - Get Free Report) has earned an average recommendation of "Moderate Buy" from the five research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several equities research analysts have weighed in on SAN shares. Kepler Capital Markets cut shares of Banco Santander from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 1st. Wall Street Zen upgraded shares of Banco Santander from a "hold" rating to a "buy" rating in a research report on Tuesday, May 13th. Finally, Citigroup started coverage on shares of Banco Santander in a research report on Wednesday, June 4th. They issued a "buy" rating for the company.

Banco Santander Stock Up 2.0%

Banco Santander stock traded up $0.1950 during mid-day trading on Wednesday, reaching $9.7650. The company had a trading volume of 6,082,014 shares, compared to its average volume of 4,377,907. Banco Santander has a 52 week low of $4.43 and a 52 week high of $9.82. The company has a 50 day moving average of $8.71 and a 200-day moving average of $7.53. The firm has a market cap of $145.36 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 1.07 and a beta of 1.06.

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Richardson Financial Services Inc. bought a new stake in shares of Banco Santander in the second quarter worth $25,000. Westside Investment Management Inc. bought a new stake in shares of Banco Santander in the second quarter worth $30,000. Atlantic Union Bankshares Corp bought a new stake in shares of Banco Santander in the second quarter worth $30,000. Dogwood Wealth Management LLC bought a new stake in shares of Banco Santander in the second quarter worth $33,000. Finally, Smithfield Trust Co bought a new stake in shares of Banco Santander in the second quarter worth $30,000. Institutional investors own 9.19% of the company's stock.

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.