For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of CVB Financial Corp. (NASDAQ: CVBF) closed at $16.51 in the last session, down -3.39% from day before closing price of $17.09. In other words, the price has decreased by -$3.39 from its previous closing price. On the day, 1.38 million shares were traded. CVBF stock price reached its highest trading level at $17.12 during the session, while it also had its lowest trading level at $16.34.
Ratios:
We take a closer look at CVBF’s different ratios to gain a better understanding of the stock.
On December 08, 2023, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $21.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 06 ’24 when Borba George A Jr bought 59,601 shares for $16.78 per share. The transaction valued at 999,997 led to the insider holds 626,311 shares of the business.
Brager David A. bought 2,000 shares of CVBF for $33,500 on Feb 06 ’24. The President & CEO now owns 152,814 shares after completing the transaction at $16.75 per share. On Feb 01 ’24, another insider, Nicholson E Allen, who serves as the EVP & CFO of the company, bought 2,000 shares for $16.77 each. As a result, the insider paid 33,540 and bolstered with 92,310 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 2306182912 and an Enterprise Value of 3600983296. As of this moment, CVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.90, and their Forward P/E ratio for the next fiscal year is 10.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34. Its current Enterprise Value per Revenue stands at 6.749.
Stock Price History:
Over the past 52 weeks, CVBF has reached a high of $21.77, while it has fallen to a 52-week low of $10.66. The 50-Day Moving Average of the stock is -2.83%, while the 200-Day Moving Average is calculated to be -5.66%.
Shares Statistics:
According to the various share statistics, CVBF traded on average about 952.26K shares per day over the past 3-months and 795550 shares per day over the past 10 days. A total of 139.34M shares are outstanding, with a floating share count of 131.08M. Insiders hold about 5.95% of the company’s shares, while institutions hold 74.35% stake in the company. Shares short for CVBF as of 1713139200 were 6363072 with a Short Ratio of 6.68, compared to 1710460800 on 6211656. Therefore, it implies a Short% of Shares Outstanding of 6363072 and a Short% of Float of 6.6199996.
Dividends & Splits
The forward annual dividend rate for CVBF is 0.80, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.046811The stock’s 5-year Average Dividend Yield is 3.67.
