What Sumitomo Mitsui Financial Investors Should Keep in Mind

Sumitomo Mitsui Financial shares slid -6.3% this afternoon. Here's what you need to know about the large-capCommercial banking company:

  • Sumitomo Mitsui Financial has logged a 47.2% 52 week change, compared to 22.5% for the S&P 500

  • SMFG has an average analyst rating of hold and is -8.19% away from its mean target price of $10.19 per share

  • Its trailing earnings per share (EPS) is $0.84, which brings its trailing Price to Earnings (P/E) ratio to 11.1. The Finance sector's average P/E ratio is 12.38

  • The company's forward earnings per share (EPS) is $0.91 and its forward P/E ratio is 10.3

  • SMFG has reported YOY quarterly earnings growth of 4.8% and gross profit margins of 0.0%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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