CVB Financial Corp. (NASDAQ: CVBF) kicked off on Friday, up 3.51% from the previous trading day, before settling in for the closing price of $17.11. Over the past 52 weeks, CVBF has traded in a range of $14.62-$21.77.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 11.16%. While this was happening, its average annual earnings per share was recorded -12.04%. With a float of $131.26 million, this company’s outstanding shares have now reached $139.34 million.
The extent of productivity of a business whose workforce counts for 1107 workers is very important to gauge. In terms of profitability, gross margin is 100.0%, operating margin of 44.68%, and the pretax margin is 44.04%.
CVB Financial Corp. (CVBF) 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 CVB Financial Corp. is 6.03%, while institutional ownership is 73.38%. The most recent insider transaction that took place on Jul 02 ’24, was worth 50,763. In this transaction Director of this company sold 2,961 shares at a rate of $17.14, taking the stock ownership to the 13,156 shares. Before that another transaction happened on Jun 14 ’24, when Company’s Director bought 34,200 for $15.99, making the entire transaction worth $546,837. This insider now owns 660,511 shares in total.
CVB Financial Corp. (CVBF) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.42 earnings per share (EPS), higher than consensus estimate (set at 0.4) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 5.03% growth over the previous five years of trading.
CVB Financial Corp. (NASDAQ: CVBF) Trading Performance Indicators
Take a look at CVB Financial Corp.’s (CVBF) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.57. Likewise, its price to free cash flow for the trailing twelve months is 10.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.47, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.45 in one year’s time.
Technical Analysis of CVB Financial Corp. (CVBF)
The latest stats from [CVB Financial Corp., CVBF] show that its last 5-days average volume of 0.77 million was inferior to 0.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.52%. Additionally, its Average True Range was 0.53.
During the past 100 days, CVB Financial Corp.’s (CVBF) raw stochastic average was set at 43.17%, which indicates a significant decrease from 57.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.72% in the past 14 days, which was lower than the 29.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.86, while its 200-day Moving Average is $17.65. Now, the first resistance to watch is $17.85. This is followed by the second major resistance level at $18.00. The third major resistance level sits at $18.27. If the price goes on to break the first support level at $17.43, it is likely to go to the next support level at $17.16. The third support level lies at $17.01 if the price breaches the second support level.
CVB Financial Corp. (NASDAQ: CVBF) Key Stats
The company with the Market Capitalisation of 2.47 billion has total of 139,640K Shares Outstanding. Its annual sales at the moment are 665,660 K in contrast with the sum of 221,440 K annual income. Company’s last quarter sales were recorded 173,500 K and last quarter income was 50,040 K.
