CVB Financial Corp. (CVBF) Stock: Understanding the Volatility

The stock of CVB Financial Corp. (CVBF) has gone up by 1.99% for the week, with a 19.72% rise in the past month and a 14.04% rise in the past quarter. The volatility ratio for the week is 4.21%, and the volatility levels for the past 30 days are 3.07% for CVBF. The simple moving average for the past 20 days is 8.57% for CVBF’s stock, with a 11.58% simple moving average for the past 200 days.

Is It Worth Investing in CVB Financial Corp. (NASDAQ: CVBF) Right Now?

CVB Financial Corp. (NASDAQ: CVBF) has a price-to-earnings ratio that is above its average at 13.23x. The stock has a 36-month beta value of 0.45. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 0 as “sell.”

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The public float for CVBF is 131.22M, and at present, short sellers hold a 4.69% of that float. On July 25, 2024, the average trading volume of CVBF was 721.83K shares.

CVBF) stock’s latest price update

CVB Financial Corp. (NASDAQ: CVBF) has experienced a rise in its stock price by 0.26 compared to its previous closing price of 19.44. However, the company has seen a gain of 1.99% in its stock price over the last five trading days. zacks.com reported 2024-07-24 that Although the revenue and EPS for CVB Financial (CVBF) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Analysts’ Opinion of CVBF

Hovde Group, on the other hand, stated in their research note that they expect to see CVBF reach a price target of $18. The rating they have provided for CVBF stocks is “Market Perform” according to the report published on April 22nd, 2024.

Stephens gave a rating of “Equal-Weight” to CVBF, setting the target price at $21 in the report published on December 08th of the previous year.

CVBF Trading at 13.85% from the 50-Day Moving Average

After a stumble in the market that brought CVBF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.47% of loss for the given period.

Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 4.21%, as shares surge +18.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.75% upper at present.

During the last 5 trading sessions, CVBF rose by +2.62%, which changed the moving average for the period of 200-days by +20.45% in comparison to the 20-day moving average, which settled at $18.10. In addition, CVB Financial Corp. saw -3.47% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CVBF starting from Borba George A Jr, who purchase 4,610 shares at the price of $16.00 back on Jun 17 ’24. After this action, Borba George A Jr now owns 665,121 shares of CVB Financial Corp., valued at $73,755 using the latest closing price.

Borba George A Jr, the Director of CVB Financial Corp., purchase 34,200 shares at $15.99 during a trade that took place back on Jun 14 ’24, which means that Borba George A Jr is holding 660,511 shares at $546,837 based on the most recent closing price.

Stock Fundamentals for CVBF

Current profitability levels for the company are sitting at:

  • 0.34 for the present operating margin
  • 1.0 for the gross margin

The net margin for CVB Financial Corp. stands at 0.31. The total capital return value is set at 0.03. Equity return is now at value 24.47, with 1.25 for asset returns.

Based on CVB Financial Corp. (CVBF), the company’s capital structure generated 1.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at -6.19. The interest coverage ratio of the stock is 2.28.

Currently, EBITDA for the company is 6.45 million with net debt to EBITDA at 26.82. When we switch over and look at the enterprise to sales, we see a ratio of 7.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.

Conclusion

To sum up, CVB Financial Corp. (CVBF) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.

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