Citizens Financial Group Inc. (NYSE: CFG) kicked off on June 29, 2022, at the price of $36.83, down -1.66% from the previous trading day. During the day, the shares moved up to $36.9003 and dropped to $35.945 before settling in for the closing price of $36.74. Over the past 52 weeks, CFG has traded in a range of $34.50-$57.00.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 2.60%. While this was happening, its average annual earnings per share was recorded 132.60%. With a float of $419.25 million, this company’s outstanding shares have now reached $422.40 million.
The extent of productivity of a business whose workforce counts for 17463 workers is very important to gauge.
Citizens Financial Group Inc. (CFG) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Citizens Financial Group Inc. is 0.50%, while institutional ownership is 84.40%. The most recent insider transaction that took place on Apr 26, was worth 41,310. In this transaction Director of this company bought 1,000 shares at a rate of $41.31, taking the stock ownership to the 2,000 shares.
Citizens Financial Group Inc. (CFG) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/30/2022, the organization reported $0.93 earnings per share (EPS), higher than consensus estimate (set at $0.92) by $0.01. This company achieved a net margin of +32.86 while generating a return on equity of 10.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.76% during the next five years compared to 21.30% growth over the previous five years of trading.
Citizens Financial Group Inc. (NYSE: CFG) Trading Performance Indicators
Take a look at Citizens Financial Group Inc.’s (CFG) current performance indicators. Last quarter, stock had a price to sales ratio for the trailing twelve months stands at 3.50. Likewise, its price to free cash flow for the trailing twelve months is 4.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.72, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 5.15 in one year’s time.
Technical Analysis of Citizens Financial Group Inc. (CFG)
The latest stats from [Citizens Financial Group Inc., CFG] show that its last 5-days average volume of 5.25 million was inferior to 6.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 57.56%. Additionally, its Average True Range was 1.33.
During the past 100 days, Citizens Financial Group Inc.’s (CFG) raw stochastic average was set at 7.54%, which indicates a significant decrease from 27.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.02% in the past 14 days, which was higher than the 41.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.00, while its 200-day Moving Average is $46.31. Now, the first resistance to watch is $36.71. This is followed by the second major resistance level at $37.28. The third major resistance level sits at $37.66. If the price goes on to break the first support level at $35.75, it is likely to go to the next support level at $35.37. The third support level lies at $34.79 if the price breaches the second support level.
Citizens Financial Group Inc. (NYSE: CFG) Key Stats
The company with the Market Capitalisation of 16.99 billion has total of 495,446K Shares Outstanding. Its annual sales at the moment are 6,986 M in contrast with the sum of 2,319 M annual income. Company’s last quarter sales were recorded 1,711 M and last quarter income was 420,000 K.