Valley National Bancorp (NASDAQ:VLY) went down by -1.81% from its latest closing price compared to the recent 1-year high of $14.74. The company’s stock price has collected -0.77% of loss in the last five trading sessions. Press Release reported on 05/25/21 that Valley National Bancorp Announces Pricing of Subordinated Notes
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 14.10 x from its present earnings ratio. Plus, the 36-month beta value for VLY is at 1.30. Opinions of the stock are interesting as 5 analysts out of 10 who provided ratings for Valley National Bancorp declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $14.98, which is $0.79 above the current price. VLY currently public float of 398.03M and currently shorts hold a 1.71% ratio of that float. Today, the average trading volume of VLY was 2.57M shares.
VLY’s Market Performance
VLY stocks went down by -0.77% for the week, with a monthly drop of -1.67% and a quarterly performance of 2.61%, while its annual performance rate touched 51.45%. The volatility ratio for the week stands at 1.67% while the volatility levels for the past 30 days are set at 2.34% for Valley National Bancorp. The simple moving average for the period of the last 20 days is -1.09% for VLY stocks with a simple moving average of 31.01% for the last 200 days.
Analysts’ Opinion of VLY
Keefe Bruyette, on the other hand, stated in their research note that they expect to see VLY reach a price target of $13. The rating they have provided for VLY stocks is “Outperform” according to the report published on February 10th, 2021.
Citigroup gave a rating of “Sell” to VLY, setting the target price at $7 in the report published on June 17th of the previous year.
VLY Trading at 0.57% 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 -4.14% of loss for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares sank -0.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.51% upper at present.
During the last 5 trading sessions, VLY fell by -0.77%, which changed the moving average for the period of 200-days by +88.65% in comparison to the 20-day moving average, which settled at $14.28. In addition, Valley National Bancorp saw 44.92% 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 9.30, with 1.00 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.