Cullen Frost Bankers Inc. (NYSE: CFR) has seen a decline in its stock price by -5.23 in relation to its previous close of 116.84. However, the company has experienced a 1.50% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that The headline numbers for Cullen/Frost (CFR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Cullen Frost Bankers Inc. (NYSE: CFR) Right Now?
Cullen Frost Bankers Inc. (NYSE: CFR) has a higher price-to-earnings ratio of 12.19x compared to its average ratio, The 36-month beta value for CFR is at 1.01. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 10 as “hold,” and 3 as “sell.”
The public float for CFR is 59.40M, and currently, shorts hold a 3.34% of that float. The average trading volume for CFR on April 26, 2024 was 426.18K shares.
CFR’s Market Performance
CFR’s stock has seen a 1.50% increase for the week, with a 3.64% rise in the past month and a 1.29% gain in the past quarter. The volatility ratio for the week is 4.06%, and the volatility levels for the past 30 days are at 2.49% for Cullen Frost Bankers Inc. The simple moving average for the last 20 days is -0.04% for CFR stock, with a simple moving average of 8.14% for the last 200 days.
Analysts’ Opinion of CFR
Evercore ISI, on the other hand, stated in their research note that they expect to see CFR reach a price target of $111, previously predicting the price at $98. The rating they have provided for CFR stocks is “Underperform” according to the report published on January 03rd, 2024.
Citigroup gave a rating of “Sell” to CFR, setting the target price at $94 in the report published on December 01st of the previous year.
CFR Trading at 1.62% from the 50-Day Moving Average
After a stumble in the market that brought CFR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.96% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 4.06%, as shares sank -0.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.58% upper at present.
During the last 5 trading sessions, CFR rose by +1.50%, which changed the moving average for the period of 200-days by +0.60% in comparison to the 20-day moving average, which settled at $110.75. In addition, Cullen Frost Bankers Inc. saw 2.06% 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 CFR starting from Berman Bobby, who sale 1,312 shares at the price of $105.49 back on Mar 14 ’24. After this action, Berman Bobby now owns 27,815 shares of Cullen Frost Bankers Inc., valued at $138,403 using the latest closing price.
Bracher Paul, the President of CFR of Cullen Frost Bankers Inc., sale 9,820 shares at $109.40 during a trade that took place back on Feb 16 ’24, which means that Bracher Paul is holding 96,380 shares at $1,074,308 based on the most recent closing price.
Stock Fundamentals for CFR
Current profitability levels for the company are sitting at:
- 0.41 for the present operating margin
- 1.0 for the gross margin
The net margin for Cullen Frost Bankers Inc. stands at 0.29. The total capital return value is set at 0.04. Equity return is now at value 17.27, with 1.14 for asset returns.
Based on Cullen Frost Bankers Inc. (CFR), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.18. The interest coverage ratio of the stock is 1.29.
Currently, EBITDA for the company is 712.37 million with net debt to EBITDA at -9.65. When we switch over and look at the enterprise to sales, we see a ratio of -0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.30.
Conclusion
In conclusion, Cullen Frost Bankers Inc. (CFR) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others 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.
