Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Valley National Bancorp (NASDAQ: VLY) was $8.17 for the day, up 0.62% from the previous closing price of $8.12. In other words, the price has increased by $0.62 from its previous closing price. On the day, 6.07 million shares were traded. VLY stock price reached its highest trading level at $8.31 during the session, while it also had its lowest trading level at $8.0.
Ratios:
Our analysis of VLY’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.54.
On March 08, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $8.
On December 01, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $9.50.Citigroup initiated its Neutral rating on December 01, 2023, with a $9.50 target price.
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 Jun 14 ’24 when CHILLURA JOSEPH sold 10,000 shares for $6.57 per share. The transaction valued at 65,700 led to the insider holds 0 shares of the business.
WILLIAMS SIDNEY S bought 742 shares of VLY for $5,001 on Jun 10 ’24. The Director now owns 33,329 shares after completing the transaction at $6.74 per share. On May 23 ’24, another insider, CHILLURA JOSEPH, who serves as the SEVP, CML Banking President of the company, sold 25,000 shares for $7.43 each. As a result, the insider received 185,750 and left with 10,000 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, VLY now has a Market Capitalization of 4160025088 and an Enterprise Value of 7240697344. As of this moment, Valley’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.64, and their Forward P/E ratio for the next fiscal year is 7.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 4.124.
Stock Price History:
The Beta on a monthly basis for VLY is 1.11, which has changed by -0.20679611 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, VLY has reached a high of $11.22, while it has fallen to a 52-week low of $6.47. The 50-Day Moving Average of the stock is 13.80%, while the 200-Day Moving Average is calculated to be -1.72%.
Shares Statistics:
VLY traded an average of 5.39M shares per day over the past three months and 6831720 shares per day over the past ten days. A total of 507.71M shares are outstanding, with a floating share count of 500.63M. Insiders hold about 1.68% of the company’s shares, while institutions hold 64.41% stake in the company. Shares short for VLY as of 1719532800 were 41213696 with a Short Ratio of 7.65, compared to 1717113600 on 37188831. Therefore, it implies a Short% of Shares Outstanding of 41213696 and a Short% of Float of 11.3000005.
Dividends & Splits
With its trailing 12-month dividend rate of 0.44, VLY has a forward annual dividend rate of 0.44. Against a Trailing Annual Dividend Yield of 0.054187194The stock’s 5-year Average Dividend Yield is 4.4. The current Payout Ratio is 46.45% for VLY, which recently paid a dividend on 2024-06-13 with an ex-dividend date of 1718236800. Stock splits for the company last occurred on 2012-05-09 when the company split stock in a 105:100 ratio.
