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After finishing at $33.02 in the prior trading day, Citizens Financial Group Inc (NYSE: CFG) closed at $32.90, down -0.36%. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 5.07 million shares were traded. CFG stock price reached its highest trading level at $33.43 during the session, while it also had its lowest trading level at $32.655.
Ratios:
Our goal is to gain a better understanding of CFG by taking a closer look at its different ratios. 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:
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 Mar 05 ’24 when Read Craig Jack sold 4,508 shares for $33.54 per share. The transaction valued at 151,198 led to the insider holds 43,885 shares of the business.
Lillis Terrance bought 1,000 shares of CFG for $22,865 on Oct 27 ’23. The Director now owns 4,000 shares after completing the transaction at $22.86 per share. On May 17 ’23, another insider, Lillis Terrance, who serves as the Director of the company, bought 1,000 shares for $26.39 each. As a result, the insider paid 26,390 and bolstered with 3,000 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 15084156928 and an Enterprise Value of 21200146432. As of this moment, Citizens’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.91, and their Forward P/E ratio for the next fiscal year is 8.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 2.813.
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 -0.75%, while the 200-Day Moving Average is calculated to be 10.05%.
Shares Statistics:
The stock has traded on average 5.96M shares per day over the past 3-months and 5207550 shares per day over the last 10 days, according to various share statistics. 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 96.12% stake in the company. Shares short for CFG as of 1711584000 were 18069865 with a Short Ratio of 3.03, compared to 1709164800 on 21234594. Therefore, it implies a Short% of Shares Outstanding of 18069865 and a Short% of Float of 5.2199997.
Dividends & Splits
In the trailing 12 months, CFG’s forward annual dividend rate was 1.68, compared to 1.68 this year. The stock’s 5-year Average Dividend Yield is 4.5.
Earnings Estimates
Citizens Financial Group Inc (CFG) is presently subject to a detailed evaluation by Pacer US Small Cap Cash Cows Gr analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $2,907.97, with high estimates of $32.90 and low estimates of $183.86.
Analysts are recommending an EPS of between $Financial Services and $Utilities for the fiscal current year, implying an average EPS of $Consumer Cyclical.
