Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
CVB Financial Corp (NASDAQ: CVBF) closed the day trading at $20.81 down -1.70% from the previous closing price of $21.17. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 0.78 million shares were traded. CVBF stock price reached its highest trading level at $21.34 during the session, while it also had its lowest trading level at $20.53.
Ratios:
For a better understanding of CVBF, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2906699008 and an Enterprise Value of 3358351104. As of this moment, CVB’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.63, and their Forward P/E ratio for the next fiscal year is 14.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.15 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 6.481.
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 $15.71. The 50-Day Moving Average of the stock is -5.56%, while the 200-Day Moving Average is calculated to be 12.03%.
Shares Statistics:
Over the past 3-months, CVBF traded about 806.78K shares per day on average, while over the past 10 days, CVBF traded about 951560 shares per day. A total of 139.68M shares are outstanding, with a floating share count of 131.23M. Insiders hold about 6.05% of the company’s shares, while institutions hold 72.36% stake in the company. Shares short for CVBF as of 1734048000 were 4217205 with a Short Ratio of 5.23, compared to 1731628800 on 4226119. Therefore, it implies a Short% of Shares Outstanding of 4217205 and a Short% of Float of 4.3899998.
Dividends & Splits
CVBF’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.037789326The stock’s 5-year Average Dividend Yield is 3.86.
