The stock price of Citizens Financial Group Inc (NYSE: CFG) has surged by 1.70 when compared to previous closing price of 47.65, but the company has seen a 4.06% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-15 that Citizens Financial Group (CFG) reported earnings 30 days ago. What’s next for the stock?
Is It Worth Investing in Citizens Financial Group Inc (NYSE: CFG) Right Now?
The price-to-earnings ratio for Citizens Financial Group Inc (NYSE: CFG) is above average at 19.07x. The 36-month beta value for CFG is also noteworthy at 1.33. There are mixed opinions on the stock, with 8 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 436.96M, and at present, short sellers hold a 3.30% of that float. The average trading volume of CFG on November 26, 2024 was 4.84M shares.
CFG’s Market Performance
The stock of Citizens Financial Group Inc (CFG) has seen a 4.06% increase in the past week, with a 16.74% rise in the past month, and a 14.64% gain in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 2.41% for CFG. The simple moving average for the past 20 days is 6.84% for CFG’s stock, with a 27.32% simple moving average for the past 200 days.
Analysts’ Opinion of CFG
Piper Sandler, on the other hand, stated in their research note that they expect to see CFG reach a price target of $41, previously predicting the price at $35. The rating they have provided for CFG stocks is “Overweight” according to the report published on April 26th, 2024.
Citigroup gave a rating of “Buy” to CFG, setting the target price at $36 in the report published on February 05th of the current year.
CFG Trading at 12.72% 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 able to rebound, for now settling with 0.23% of gains for the given period.
Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +13.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.36% upper at present.
During the last 5 trading sessions, CFG rose by +4.06%, which changed the moving average for the period of 200-days by +53.84% in comparison to the 20-day moving average, which settled at $45.36. In addition, Citizens Financial Group Inc saw 46.23% 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 Citizens Bank, National Associ, who proposed sale 18,878 shares at the price of $41.59 back on Nov 05 ’24. After this action, Citizens Bank, National Associ now owns shares of Citizens Financial Group Inc, valued at $785,136 using the latest closing price.
Read Craig Jack, the Former Officer of Citizens Financial Group Inc, proposed sale 3,604 shares at $44.11 during a trade that took place back on Oct 16 ’24, which means that Read Craig Jack is holding shares at $158,972 based on the most recent closing price.
Stock Fundamentals for CFG
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.99 for the gross margin
The net margin for Citizens Financial Group Inc stands at 0.13. The total capital return value is set at 0.01. Equity return is now at value 5.43, with 0.58 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 0.14. The debt to equity ratio resting at 0.56. The interest coverage ratio of the stock is 0.37.
When we switch over and look at the enterprise to sales, we see a ratio of 3.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.
Conclusion
In summary, Citizens Financial Group Inc (CFG) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
