The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, CVB Financial Corp (NASDAQ: CVBF) closed at $18.57 up 0.98% from its previous closing price of $18.39. In other words, the price has increased by $0.98 from its previous closing price. On the day, 2.13 million shares were traded.
Ratios:
For a deeper understanding of CVB Financial Corp’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, CVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.78, and their Forward P/E ratio for the next fiscal year is 12.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.81 while its Price-to-Book (P/B) ratio in mrq is 1.16.
Stock Price History:
Over the past 52 weeks, CVBF has reached a high of $24.58, while it has fallen to a 52-week low of $15.91. The 50-Day Moving Average of the stock is 0.27%, while the 200-Day Moving Average is calculated to be -5.47%.
Shares Statistics:
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 75.91% stake in the company.
