Valley National Bancorp (NASDAQ:VLY) went up by 1.41% from its latest closing price compared to the recent 1-year high of $14.69. The company’s stock price has collected 2.20% of gains in the last five trading sessions. Press Release reported on 02/23/21 that Valley National Bancorp Declares Its Regular Quarterly Preferred and Common Stock Dividends
Is It Worth Investing in Valley National Bancorp (NASDAQ :VLY) Right Now?
Valley National Bancorp (NASDAQ:VLY) scored a price-to-earnings ratio above its average ratio, recording 15.40 x from its present earnings ratio. Plus, the 36-month beta value for VLY is at 1.33. Opinions of the stock are interesting as 6 analysts out of 10 who provided ratings for Valley National Bancorp declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $12.08, which is -$2.18 below the current price. VLY currently public float of 395.09M and currently shorts hold a 1.89% ratio of that float. Today, the average trading volume of VLY was 2.32M shares.
VLY’s Market Performance
VLY stocks went up by 2.20% for the week, with a monthly jump of 22.04% and a quarterly performance of 43.84%, while its annual performance rate touched 97.66%. The volatility ratio for the week stands at 3.42% while the volatility levels for the past 30 days are set at 3.34% for Valley National Bancorp. The simple moving average for the period of the last 20 days is 9.32% for VLY stocks with a simple moving average of 59.05% for the last 200 days.
Analysts’ Opinion of VLY
Many brokerage firms have already submitted their reports for VLY stocks, with Keefe Bruyette repeating the rating for VLY by listing it as a “Outperform.” The predicted price for VLY in the upcoming period, according to Keefe Bruyette is $13 based on the research report published on February 10th of the current year 2021.
Citigroup, on the other hand, stated in their research note that they expect to see VLY reach a price target of $7. The rating they have provided for VLY stocks is “Sell” according to the report published on June 17th, 2020.
VLY Trading at 21.30% from the 50-Day Moving Average
After a stumble in the market that brought VLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.18% of loss for the given period.
Volatility was left at 3.34%, however, over the last 30 days, the volatility rate increased by 3.42%, as shares surge +18.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.57% upper at present.
During the last 5 trading sessions, VLY rose by +2.20%, which changed the moving average for the period of 200-days by +71.28% in comparison to the 20-day moving average, which settled at $13.26. In addition, Valley National Bancorp saw 47.38% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at VLY starting from Lynch Kevin J, who sale 300,000 shares at the price of $10.66 back on Jan 15. After this action, Lynch Kevin J now owns 74,395 shares of Valley National Bancorp, valued at $3,198,000 using the latest closing price.
Lynch Kevin J, the Director of Valley National Bancorp, sale 300,000 shares at $10.94 during a trade that took place back on Jan 14, which means that Lynch Kevin J is holding 74,395 shares at $3,282,000 based on the most recent closing price.
Stock Fundamentals for VLY
Current profitability levels for the company are sitting at:
- +35.03 for the present operating margin
The net margin for Valley National Bancorp stands at +25.07. The total capital return value is set at 6.68, while invested capital returns managed to touch 5.80. Equity return is now at value 8.80, with 0.90 for asset returns.
Based on Valley National Bancorp (VLY), the company’s capital structure generated 82.24 points at debt to equity in total, while total debt to capital is 45.13. Total debt to assets is 9.26, with long-term debt to equity ratio resting at 46.55. Finally, the long-term debt to capital ratio is 24.38.
When we switch over and look at the enterprise to sales, we see a ratio of 4.93, with the company’s debt to enterprise value settled at 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.