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1 Comment
Australia and New Zealand Banking Group Limited is currently in a long term uptrend where the price is trading 11.1% above its 200 day moving average.
From a valuation standpoint, the stock is 90.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.9.
Australia and New Zealand Banking Group Limited's total revenue sank by 0.0% to $5B since the same quarter in the previous year.
Its net income has dropped by 26.9% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 245.8% to $7B since the same quarter in the previous year.
Based on the above factors, Australia and New Zealand Banking Group Limited gets an overall score of 3/5.
Sector | Financial Services |
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Industry | Banks - Diversified |
Exchange | AU |
CurrencyCode | AUD |
ISIN | AU000000ANZ3 |
Target Price | 29.4608 |
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Dividend Yield | 5.5% |
Market Cap | 90B |
PE Ratio | 13.98 |
Beta | 0.64 |
ANZ Group Holdings Limited provides various banking and financial products and services to retail, individuals and business customers in Australia and internationally. It offers home and personal loans, deposits, and credit cards through the branch network, home loan specialists, contact centers, self-service channels, and third-party brokers. The company also provides asset financing for small business owners, medium and large commercial customers, high net worth individuals, and family groups. In addition, it offers working capital and liquidity solutions, including documentary trade, supply chain and commodity financing, cash management solutions, deposits, payments, and clearing services; loan products, loan syndication, loan structuring and execution, project and export finance, debt structuring, and acquisition finance services. Further, the company provides banking and wealth management services to consumers, and private banking and small business banking customers through its internet and app-based digital solutions, network of branches, mortgage specialists, relationship managers, and contact centers; and traditional relationship banking and financial solutions for small, medium, and large enterprises, agricultural business segments, and government and government-related entities. ANZ Group Holdings Limited was founded in 1835 and is based in Melbourne, Australia.
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