Ing Group Nv Stock Today

ING Stock  USD 17.66  0.25  1.44%   

Performance

1 of 100

 
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Weak

Odds Of Distress

Over 55

 
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ING Group is trading at 17.66 as of the 4th of October 2024. This is a 1.44% increase since the beginning of the trading day. The stock's lowest day price was 17.52. ING Group has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Note, on January 2, 2019, Representative John Rutherford of US Congress acquired under $15k worth of ING Group NV's common stock.
Business Domain
Banks
IPO Date
18th of November 1996
Category
Financial Services
Classification
Financials
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands. The company has 3.16 B outstanding shares of which 4.47 M shares are currently shorted by investors with about 2.94 days to cover. More on ING Group NV

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ING Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanSteven Rijswijk
Thematic IdeaPower Assets (View all Themes)
Old Names[Ingenico Group - GCS, Ingenuity Property Investments Limited]
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, NYSE Composite, WSE WIG INDEX, MWIG40, ASX Small Ordinaries, SPASX All Australian, SPASX 300, Australia All Ordinaries, SPASX 200 Accumulated, SPASX 200, Power Assets, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00590.0075
Significantly Down
Slightly volatile
Asset Turnover0.0220.0231
Notably Down
Slightly volatile
Gross Profit Margin0.790.9
Fairly Down
Slightly volatile
Total Current Liabilities622.9 B593.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total268.8 B330.1 B
Significantly Down
Pretty Stable
Total AssetsT975.6 B
Sufficiently Up
Pretty Stable
Total Current Assets158 B150.4 B
Sufficiently Up
Slightly volatile
Debt Levels
ING Group can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ING Group's financial leverage. It provides some insight into what part of ING Group's total assets is financed by creditors.
Liquidity
ING Group NV has 163.33 B in debt with debt to equity (D/E) ratio of 3.09, meaning that the company heavily relies on borrowing funds for operations. ING Group NV has a current ratio of 1.18, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for ING to invest in growth at high rates of return.

Change In Working Capital

(17.04 Billion)
ING Group NV (ING) is traded on New York Stock Exchange in USA. It is located in Bijlmerdreef 106, Amsterdam, Netherlands, 1102 CT and employs 60,000 people. ING Group is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 56.23 B. ING Group NV runs under Banks sector within Financials industry. The entity has 3.16 B outstanding shares of which 4.47 M shares are currently shorted by investors with about 2.94 days to cover. ING Group NV has about 259.31 B in cash with (11.34 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 68.96, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ING Group Probability Of Bankruptcy
Ownership Allocation
ING Group NV has a total of 3.16 Billion outstanding shares. Roughly 94.6 (percent) of ING Group outstanding shares are held by general public with 5.4 pct. by outside corporations. Please note that on January 2, 2019, Representative John Rutherford of US Congress acquired under $15k worth of ING Group NV's common stock.
Check ING Ownership Details

ING Stock Institutional Holders

InstituionRecorded OnShares
Todd Asset Management2024-06-30
2.8 M
Groupama Asset Management2024-06-30
2.6 M
Envestnet Asset Management Inc2024-06-30
2.2 M
Natixis Advisors, Llc.2024-06-30
1.9 M
Wells Fargo & Co2024-06-30
1.8 M
Teachers Retirement System Of The State Of Kentucky2024-06-30
1.7 M
Cambiar Investors Llc2024-06-30
1.5 M
Causeway Capital Management Llc2024-06-30
1.4 M
Jpmorgan Chase & Co2024-06-30
1.2 M
Fisher Asset Management, Llc2024-06-30
68 M
Arrowstreet Capital Limited Partnership2024-06-30
8.2 M
View ING Group Diagnostics

ING Group Historical Income Statement

At this time, ING Group's Total Revenue is most likely to decrease significantly in the upcoming years. The ING Group's current Gross Profit is estimated to increase to about 33.2 B, while Operating Income is forecasted to increase to (223.2 M). View More Fundamentals

ING Stock Against Markets

ING Group Corporate Management

Cindy EldertKlepCompany SecretaryProfile
Margarete HaaseIndependent Member of the Supervisory BoardProfile
Ljiljana CortanChief Risk Officer, Member of the Management Board Banking, Member of the Executive BoardProfile
Erwin OlijslagerPrincipal OfficerProfile
Lodewijk BerghIndependent Member of the Supervisory BoardProfile
J ColombasIndependent Member of the Supervisory BoardProfile
H NausIndependent Member of the Supervisory BoardProfile

Additional Information and Resources on Investing in ING Stock

When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.962
Dividend Share
1.106
Earnings Share
2.26
Revenue Per Share
5.757
Quarterly Revenue Growth
0.438
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.