In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of CVB Financial Corp (NASDAQ: CVBF) was $18.37 for the day, up 1.21% from the previous closing price of $18.15. In other words, the price has increased by $1.21 from its previous closing price. On the day, 0.65 million shares were traded. CVBF stock price reached its highest trading level at $18.48 during the session, while it also had its lowest trading level at $18.04.
Ratios:
Our analysis of CVBF’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on October 02, 2024, Upgraded its rating to Outperform and sets its target price to $22 from $20 previously.
Hovde Group Downgraded its Outperform to Market Perform on April 22, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 26 ’24 when Del Guercio Stephen A sold 8,289 shares for $23.80 per share. The transaction valued at 197,279 led to the insider holds 42,842 shares of the business.
Del Guercio Stephen A bought 8,289 shares of CVBF for $199,185 on Nov 25 ’24. On Jul 02 ’24, another insider, Sheehy Kimberly H., who serves as the Director of the company, sold 2,961 shares for $17.14 each. As a result, the insider received 50,763 and left with 13,156 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVBF now has a Market Capitalization of 2531477760 and an Enterprise Value of 2826279680. As of this moment, CVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.64, and their Forward P/E ratio for the next fiscal year is 11.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 5.575.
Stock Price History:
The Beta on a monthly basis for CVBF is 0.68, which has changed by 0.11739659 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, CVBF has reached a high of $24.58, while it has fallen to a 52-week low of $16.01. The 50-Day Moving Average of the stock is -1.43%, while the 200-Day Moving Average is calculated to be -6.78%.
Shares Statistics:
CVBF traded an average of 759.62K shares per day over the past three months and 560100 shares per day over the past ten days. A total of 139.09M shares are outstanding, with a floating share count of 129.36M. Insiders hold about 6.13% of the company’s shares, while institutions hold 75.92% stake in the company. Shares short for CVBF as of 1748563200 were 3560712 with a Short Ratio of 4.69, compared to 1745971200 on 3498795. Therefore, it implies a Short% of Shares Outstanding of 3560712 and a Short% of Float of 3.7800000000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.8, CVBF has a forward annual dividend rate of 0.80. Against a Trailing Annual Dividend Yield of 0.044077136The stock’s 5-year Average Dividend Yield is 3.9. The current Payout Ratio is 55.63% for CVBF, which recently paid a dividend on 2025-04-02 with an ex-dividend date of 1743552000. Stock splits for the company last occurred on 2007-01-03 when the company split stock in a 11:10 ratio.
