Is Absa Group Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Absa Group Limited pays dividends. Last time was Monday 16th of September 2024 where the investors holding the stock on Wednesday 11th of September 2024 were paid ZAC685 per share. Over the last 38 times between 2005 and 2024, Absa Group Limited has paid ZAC16119 with an average of ZAC424.18 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Absa Group Limited 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was ZAC16 039, you would have made a profit of ZAC1 118.00 per share or 6.97%
Yes, the average daily trading liquidity for Absa Group Limited is ZAC3.18 million. You should therefore be able to get in and out of your positions relatively fast.
Absa Group Limited has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. Absa Group Limited has a good net profit margin of 12.67% and should have high tolerances against inflation.
We have calculated the inflation risk for Absa Group Limited to be medium [0.55 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.