In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Citizens Financial Group Inc (NYSE: CFG) closed at $35.00 in the last session, down -1.46% from day before closing price of $35.52. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 3.08 million shares were traded. CFG stock price reached its highest trading level at $35.61 during the session, while it also had its lowest trading level at $34.64.
Ratios:
We take a closer look at CFG’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.58.
On January 02, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also upped its target price recommendation from $38 to $40.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 04, 2023, while the target price for the stock was maintained at $31.
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 Apr 19 ’24 when Read Craig Jack sold 6,327 shares for $33.70 per share. The transaction valued at 213,220 led to the insider holds 37,558 shares of the business.
Read Craig Jack sold 4,508 shares of CFG for $151,198 on Mar 05 ’24. The Controller now owns 43,885 shares after completing the transaction at $33.54 per share. On Oct 27 ’23, another insider, Lillis Terrance, who serves as the Director of the company, bought 1,000 shares for $22.86 each. As a result, the insider paid 22,865 and bolstered with 4,000 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, CFG now has a Market Capitalization of 16046974976 and an Enterprise Value of 21118976000. As of this moment, Citizens’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.67, and their Forward P/E ratio for the next fiscal year is 8.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 2.867.
Stock Price History:
Over the past 52 weeks, CFG has reached a high of $36.38, while it has fallen to a 52-week low of $22.77. The 50-Day Moving Average of the stock is 4.70%, while the 200-Day Moving Average is calculated to be 16.31%.
Shares Statistics:
According to the various share statistics, CFG traded on average about 5.96M shares per day over the past 3-months and 4969250 shares per day over the past 10 days. A total of 466.42M shares are outstanding, with a floating share count of 454.95M. Insiders hold about 0.75% of the company’s shares, while institutions hold 95.88% stake in the company. Shares short for CFG as of 1713139200 were 15085265 with a Short Ratio of 2.53, compared to 1710460800 on 19996462. Therefore, it implies a Short% of Shares Outstanding of 15085265 and a Short% of Float of 4.36.
Dividends & Splits
The forward annual dividend rate for CFG is 1.68, which was 1.68 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.047297295The stock’s 5-year Average Dividend Yield is 4.5.
