Citizens Financial Group Inc (NYSE: CFG) kicked off on November 20, 2023, at the price of $27.57, down -0.68% from the previous trading day. During the day, the shares moved up to $27.65 and dropped to $27.07 before settling in for the closing price of $27.77. Over the past 52 weeks, CFG has traded in a range of $22.77-$44.82.
A company in the Financial sector has jumped its sales by 8.45% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -13.51%. With a float of $463.14 million, this company’s outstanding shares have now reached $492.28 million.
In an organization with 18889 employees, it is important to assess its efficiency.
Citizens Financial Group Inc (CFG) Insider Updates
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 0.66%, while institutional ownership is 96.78%. The most recent insider transaction that took place on Oct 27, was worth 22,865. In this transaction Director of this company bought 1,000 shares at a rate of $22.86, taking the stock ownership to the 4,000 shares. Before that another transaction happened on May 17, when Company’s Director bought 1,000 for $26.39, making the entire transaction worth $26,390. This insider now owns 3,000 shares in total.
Citizens Financial Group Inc (CFG) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $0.85 earnings per share (EPS), lower than consensus estimate (set at $0.9) by -$0.05. This company achieved a net margin of +22.28 while generating a return on equity of 8.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.85% during the next five years compared to 4.75% 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. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 3.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.03, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 3.44 in one year’s time.
Technical Analysis of Citizens Financial Group Inc (CFG)
Let’s dig in a bit further. During the last 5-days, its volume was 4.95 million. That was inferior than the volume of 6.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.89%. Additionally, its Average True Range was 0.91.
During the past 100 days, Citizens Financial Group Inc’s (CFG) raw stochastic average was set at 44.95%, which indicates a significant decrease from 95.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.73% in the past 14 days, which was higher than the 37.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.91, while its 200-day Moving Average is $29.45. However, in the short run, Citizens Financial Group Inc’s stock first resistance to watch stands at $27.80. Second resistance stands at $28.01. The third major resistance level sits at $28.38. If the price goes on to break the first support level at $27.22, it is likely to go to the next support level at $26.85. Assuming the price breaks the second support level, the third support level stands at $26.64.
Citizens Financial Group Inc (NYSE: CFG) Key Stats
The company with the Market Capitalisation of 12.86 billion has total of 466,223K Shares Outstanding. Its annual sales at the moment are 9,069 M in contrast with the sum of 2,073 M annual income. Company’s last quarter sales were recorded 3,087 M and last quarter income was 430,000 K.