Citizens Financial Group Inc (NYSE: CFG) has experienced a decline in its stock price by -2.20 compared to its previous closing price of 48.14. However, the company has seen a fall of -1.20% in its stock price over the last five trading days. businesswire.com reported 2024-12-02 that PROVIDENCE, R.I.–(BUSINESS WIRE)–Citizens Financial Group, Inc. (NYSE: CFG) announced today that Chairman and Chief Executive Officer Bruce Van Saun will participate at the Goldman Sachs U.S. Financial Services Conference on Tuesday, December 10, 2024 at 10:00 am ET. The live webcast will be available at http://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial inst.
Is It Worth Investing in Citizens Financial Group Inc (NYSE: CFG) Right Now?
Citizens Financial Group Inc (NYSE: CFG) has a higher price-to-earnings ratio of 18.52x compared to its average ratio, The 36-month beta value for CFG is at 1.33. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 3 rating it as “overweight,” 10 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CFG is 436.96M, and currently, shorts hold a 2.80% of that float. The average trading volume for CFG on December 03, 2024 was 4.67M shares.
CFG’s Market Performance
CFG stock saw an increase of -1.20% in the past week, with a monthly gain of 11.78% and a quarterly increase of 10.34%. The volatility ratio for the week is 2.03%, and the volatility levels for the last 30 days are 2.32% for Citizens Financial Group Inc (CFG). The simple moving average for the past 20 days is 1.28% for CFG’s stock, with a 22.64% 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 8.19% 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 -4.41% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.03%, as shares surge +12.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.04% upper at present.
During the last 5 trading sessions, CFG fell by -1.20%, which changed the moving average for the period of 200-days by +48.33% in comparison to the 20-day moving average, which settled at $46.49. In addition, Citizens Financial Group Inc saw 42.06% 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 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 2.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.
Conclusion
In conclusion, Citizens Financial Group Inc (CFG) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” 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.
