Absa Group (AGRPY) Stock Price, News & Analysis

Company Overview

Absa Group Limited is a South African-based financial services conglomerate headquartered in Johannesburg. The company offers a broad range of banking and financial products and services, including personal and business banking, corporate and investment banking, credit cards, wealth management and insurance solutions. Through its integrated platform, Absa delivers digital and branch-based services aimed at meeting the diverse needs of individual consumers, small- to medium-sized enterprises and large corporate clients.

In its retail banking division, Absa provides everyday banking services such as transactional accounts, home and vehicle finance, personal loans and savings products. The group’s business banking segment focuses on working capital solutions, trade finance and specialized lending for small and medium enterprises. Its corporate and investment banking arm handles advisory, capital markets, structured trade and commodity finance, while the wealth and investment management division offers portfolio management, fiduciary services and private banking.

Absa Group operates across several African markets, with operations in South Africa, Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda and Zambia, among others. This geographic footprint is supported by a network of branches, ATMs and digital channels designed to enhance customer accessibility and financial inclusion. The company continues to invest in technology platforms, mobile banking and digital payments to expand its reach and improve service delivery.

Originally affiliated with Barclays plc, the group adopted the Absa brand in 2018 following a strategic demerger. Since April 2022, Arrie Rautenbach has served as Group Chief Executive Officer, overseeing the company’s strategic direction and operational performance. Absa Group’s board is comprised of independent and executive directors who guide its governance framework, risk management and long-term growth objectives across the continent.

Key Stats

• Today's Range: $28.23 to $28.23
• 50-Day Range: $26.70 to $30.76
• 52-Week Range: $17.91 to $33.99
• Volume: 153 shs
• Average Volume: 2,012 shs
• Market Capitalization: $11.71 billion
• P/E Ratio: 0.94
• Dividend Yield: 5.63%
• Price Target: N/A
• Consensus Rating: Moderate Buy

Absa Group Stock Analysis - MarketRank™

Absa Group scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Absa Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Absa Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Absa Group is 0.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Absa Group is 0.94, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 15.89.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the float of Absa Group has been sold short.

Short Interest Ratio / Days to Cover

Absa Group has a short interest ratio ("days to cover") of 0.98, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Absa Group has recently increased by 246.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Absa Group is a leading dividend payer. It pays a dividend yield of 5.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Absa Group does not have a long track record of dividend growth.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Absa Group has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Absa Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Absa Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

0.01% of the stock of Absa Group is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Banks - Regional
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:AGRPY
• CIK: N/A
• Web: www.barclaysafrica.com
• Phone: (711) 350-4000
• Fax: N/A
• Employees: 37,107
• Year Founded: 1991

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 0.94
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 414,651,000
• Free Float: N/A
• Market Cap: $11.71 billion
• Optionable: Not Optionable
• Beta: N/A