http://www.fool.co.uk/investing/2014/02/14/3-exceptional-reasons-to-buy-banco-santander-sa-plc/?source=uptyholnk3030001
Forecasters expect earnings to advance by a chunky 25% in 2014 and a further 18% next year, figures which create P/E ratings of 12.6 and 10.8 respectively, comfortably trouncing a prospective average of 16.4 for its banking peers. And these stratospheric growth projections leave Santander dealing on price to earnings to growth (PEG) readouts around 0.5 for these years, well below the value benchmark of 1.
Pleasingly for income investors, these solid growth predictions are also expected to keep dividend yields comfortably above a forward average of 3.7% for the rest of the banking sector. Although the full-year payout is expected to dip from 50.1 euro cents per share this year to 48.1 cents in 2015, these payments still generate mammoth yields of 7.7% and 7.3% correspondingly.
A stunning all-round value pick
Following January’s full-year results, City analysts expect Santander’s transformation plan to continue delivering the goods in the coming years.Forecasters expect earnings to advance by a chunky 25% in 2014 and a further 18% next year, figures which create P/E ratings of 12.6 and 10.8 respectively, comfortably trouncing a prospective average of 16.4 for its banking peers. And these stratospheric growth projections leave Santander dealing on price to earnings to growth (PEG) readouts around 0.5 for these years, well below the value benchmark of 1.
Pleasingly for income investors, these solid growth predictions are also expected to keep dividend yields comfortably above a forward average of 3.7% for the rest of the banking sector. Although the full-year payout is expected to dip from 50.1 euro cents per share this year to 48.1 cents in 2015, these payments still generate mammoth yields of 7.7% and 7.3% correspondingly.
No comments:
Post a Comment