Stock Performance Spotlight: Citizens Financial Group Inc (CFG) Ends the Day at 36.06, Up by 0.11

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

As of close of business last night, Citizens Financial Group Inc’s stock clocked out at $36.06, up 0.11% from its previous closing price of $36.02. In other words, the price has increased by $0.11 from its previous closing price. On the day, 5.14 million shares were traded. CFG stock price reached its highest trading level at $36.3 during the session, while it also had its lowest trading level at $35.9.

Ratios:

To gain a deeper understanding of CFG’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.49.

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, Piper Sandler on April 26, 2024, Upgraded its rating to Overweight and sets its target price to $41 from $35 previously.

On February 05, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $36.

Barclays Downgraded its Overweight to Equal Weight on January 02, 2024, whereas the target price for the stock was revised from $38 to $40.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 16408022016 and an Enterprise Value of 21480019968. As of this moment, Citizens’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.03, and their Forward P/E ratio for the next fiscal year is 8.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 2.916.

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 5.02%, while the 200-Day Moving Average is calculated to be 18.61%.

Shares Statistics:

It appears that CFG traded 5.34M shares on average per day over the past three months and 3963260 shares per day over the past ten days. A total of 466.42M shares are outstanding, with a floating share count of 451.55M. Insiders hold about 0.76% of the company’s shares, while institutions hold 94.49% stake in the company. Shares short for CFG as of 1714435200 were 13812554 with a Short Ratio of 2.59, compared to 1711584000 on 18069865. Therefore, it implies a Short% of Shares Outstanding of 13812554 and a Short% of Float of 4.03.

Dividends & Splits

With its trailing 12-month dividend rate of 1.68, CFG has a forward annual dividend rate of 1.68. Against a Trailing Annual Dividend Yield of 0.046640754The stock’s 5-year Average Dividend Yield is 4.53.

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