Citizens Financial Group Inc (NYSE: CFG): Do Not Miss The Gain Train

Citizens Financial Group Inc (CFG) concluded trading on Wednesday at a closing price of $41.36, with 3.51 million shares of worth about $145.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.87% during that period and on Wednesday the price saw a gain of about 0.98%. Currently the company’s common shares owned by public are about 440.54M shares, out of which, 433.16M shares are available for trading.

Stock saw a price change of 2.20% in past 5 days and over the past one month there was a price change of -11.62%. Year-to-date (YTD), CFG shares are showing a performance of -5.48% which increased to 23.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.06 but also hit the highest price of $49.25 during that period. The average intraday trading volume for Citizens Financial Group Inc shares is 4.12 million. The stock is currently trading -3.31% below its 20-day simple moving average (SMA20), while that difference is down -8.40% for SMA50 and it goes to -2.16% lower than SMA200.

Citizens Financial Group Inc (NYSE: CFG) currently have 440.54M outstanding shares and institutions hold larger chunk of about 96.11% of that.

The stock has a current market capitalization of $18.08B and its 3Y-monthly beta is at 1.10. PE ratio of stock for trailing 12 months is 13.66, while it has posted earnings per share of $3.03 in the same period. Its PEG reads 0.52 while making debt-to-equity ratio of 0.55. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CFG, volatility over the week remained 2.37% while standing at 3.22% over the month.

Stock’s fiscal year EPS is expected to rise by 26.27% while it is estimated to increase by 30.10% in next year. EPS is likely to grow at an annualized rate of 26.41% for next 5-years, compared to annual growth of -4.50% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on December 18, 2024 offering a Strong buy rating for the stock and assigned a target price of $55 to it. On April 26, 2024, Piper Sandler Upgrade their recommendations, while on February 05, 2024, Citigroup Upgrade their ratings for the stock with a price target of $36. Stock get an Equal weight rating from Barclays on January 02, 2024.

Most Popular

Related Posts