It's Still Early In The Citigroup Turnaround Story - Buy In Now
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Citigroup is in the early stages of a turnaround, with stable revenue but declining profitability due to investments in technology and human capital. These investments are expected to boost EPS significantly by 2030. The company's valuation is attractive, with low P/E and P/B ratios compared to peers.
November 27, 2024 | 6:30 am
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Citigroup is investing in technology and human capital, impacting short-term profitability but expected to drive EPS growth by 2030. The stock is attractively valued with low P/E and P/B ratios.
Citigroup's current investments are causing a temporary dip in profitability, but these are strategic moves expected to enhance earnings per share in the long term. The low P/E and P/B ratios make the stock attractive, suggesting potential upside as the turnaround progresses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100