Citizens Financial Group Inc (NYSE: CFG) has a higher price-to-earnings ratio of 18.09x 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.”
The public float for CFG is 436.97M, and currently, shorts hold a 2.80% of that float. The average trading volume for CFG on December 10, 2024 was 4.54M shares.
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CFG) stock’s latest price update
The stock of Citizens Financial Group Inc (NYSE: CFG) has decreased by -2.25 when compared to last closing price of 47.03. Despite this, the company has experienced a -2.36% fall in its stock price over the last five trading sessions. 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.
CFG’s Market Performance
Citizens Financial Group Inc (CFG) has seen a -2.36% fall in stock performance for the week, with a -0.13% decline in the past month and a 14.93% surge in the past quarter. The volatility ratio for the week is 1.99%, and the volatility levels for the past 30 days are at 1.88% for CFG. The simple moving average for the last 20 days is -2.08% for CFG stock, with a simple moving average of 18.56% for the last 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 4.21% 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 -6.66% of loss for the given period.
Volatility was left at 1.88%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares surge +0.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.67% upper at present.
During the last 5 trading sessions, CFG fell by -2.36%, which changed the moving average for the period of 200-days by +47.58% in comparison to the 20-day moving average, which settled at $46.95. In addition, Citizens Financial Group Inc saw 38.71% 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 2.22. 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 mixed 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.