Intesa Sanpaolo (OTCMKTS:ISNPY) Reaches New 12-Month High - Should You Buy?

Key Points

• Intesa Sanpaolo's shares recently hit a 52-week high of $39.34 during trading, with a notable increase from its previous close of $38.54.
• The company has seen rating downgrades from analysts, with Zacks Research and Kepler Capital Markets both lowering their ratings from "strong-buy" to "hold."
• Intesa Sanpaolo reported earnings per share of $0.95, surpassing analyst expectations of $0.89, and achieved revenue of $7.70 billion compared to estimates of $6.87 billion.

Shares of Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $39.34 and last traded at $39.00, with a volume of 119737 shares traded. The stock had previously closed at $38.54.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Zacks Research downgraded Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Kepler Capital Markets cut Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Intesa Sanpaolo Trading Up 1.2%

The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market cap of $115.72 billion, a P/E ratio of 12.11, a P/E/G ratio of 1.35 and a beta of 1.07. The firm has a fifty day moving average of $35.30 and a 200-day moving average of $32.32.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last posted its earnings results on Monday, May 26th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The company had revenue of $7.70 billion for the quarter, compared to analysts' expectations of $6.87 billion. Intesa Sanpaolo had a return on equity of 13.15% and a net margin of 20.01%. Equities research analysts forecast that Intesa Sanpaolo SpA will post 2.91 earnings per share for the current year.

Intesa Sanpaolo Company Profile

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments: Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.

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