Citizens Financial Group Inc (NYSE: CFG)’s stock price has plunge by -1.33relation to previous closing price of 35.29. Nevertheless, the company has seen a 3.88% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-13 that Barron’s seventh-annual (2/26/24) ranking of Sustainable companies started with 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. As of 3/11/24 data from YCharts, the top-10 of 76 dividend-paying sustainable companies ranged 4.37%-11.78% by annual yield and ranged 15.72%-85.22% per broker-estimated target-price-upsides.
Is It Worth Investing in Citizens Financial Group Inc (NYSE: CFG) Right Now?
Citizens Financial Group Inc (NYSE: CFG) has a price-to-earnings ratio of 11.19x that is above its average ratio. Additionally, the 36-month beta value for CFG is 1.36. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 10 rating it as “hold,” and 2 rating it as “sell.”
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The public float for CFG is 454.94M and currently, short sellers hold a 4.67% ratio of that float. The average trading volume of CFG on March 27, 2024 was 5.81M shares.
CFG’s Market Performance
CFG’s stock has seen a 3.88% increase for the week, with a 14.43% rise in the past month and a 5.32% gain in the past quarter. The volatility ratio for the week is 3.08%, and the volatility levels for the past 30 days are at 2.77% for Citizens Financial Group Inc The simple moving average for the past 20 days is 4.03% for CFG’s stock, with a 18.85% simple moving average for the past 200 days.
Analysts’ Opinion of CFG
Many brokerage firms have already submitted their reports for CFG stocks, with Citigroup repeating the rating for CFG by listing it as a “Buy.” The predicted price for CFG in the upcoming period, according to Citigroup is $36 based on the research report published on February 05, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see CFG reach a price target of $40, previously predicting the price at $38. The rating they have provided for CFG stocks is “Equal Weight” according to the report published on January 02nd, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to CFG, setting the target price at $31 in the report published on December 04th of the previous year.
CFG Trading at 6.82% from the 50-Day Moving Average
After a stumble in the market that brought CFG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.76% of loss for the given period.
Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 3.08%, as shares surge +12.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.05% upper at present.
During the last 5 trading sessions, CFG rose by +3.88%, which changed the moving average for the period of 200-days by +20.78% in comparison to the 20-day moving average, which settled at $33.66. In addition, Citizens Financial Group Inc saw 5.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CFG starting from Read Craig Jack, who sale 4,508 shares at the price of $33.54 back on Mar 05 ’24. After this action, Read Craig Jack now owns 43,885 shares of Citizens Financial Group Inc, valued at $151,198 using the latest closing price.
Lillis Terrance, the Director of Citizens Financial Group Inc, purchase 1,000 shares at $22.86 during a trade that took place back on Oct 27 ’23, which means that Lillis Terrance is holding 4,000 shares at $22,865 based on the most recent closing price.
Stock Fundamentals for CFG
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 1.0 for the gross margin
The net margin for Citizens Financial Group Inc stands at 0.2. The total capital return value is set at 0.02. Equity return is now at value 6.70, with 0.72 for asset returns.
Based on Citizens Financial Group Inc (CFG), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 0.9.
Currently, EBITDA for the company is 8.2 million with net debt to EBITDA at 0.51. When we switch over and look at the enterprise to sales, we see a ratio of 2.18. The receivables turnover for the company is 7.33for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
In conclusion, Citizens Financial Group Inc (CFG) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
