Leon Cooperman on Citigroup
On November 2, 2017, Citigroup (C) was trading at $74.74. Its 52-week high is $76.14 and 52-week low is $47.70. On a year-to-date basis, the stock has returned nearly 23.4%. Over the last one year, the stock returned nearly 55%. The stock is presently trading at a trailing price-to-earnings ratio of 14.3x and a 12-month forward price-to-earnings multiple of 12.9x.
The banking industry (KBE) is trading at a trailing price-to-earnings ratio of 17.3x, the financial sector is at 23.5x, and the S&P 500 Index (SPY) is at 26.4x. Citigroup’s one-year EPS (earnings per share) growth rate is 10.6%, while the financial sector is at 15.5%.
In the next part of this series, we’ll analyze Leon Cooperman’s view on Wells Fargo (WFC).