Let’s look at the key reasons that are pushing Citizens Financial Group Inc (CFG) to new highs

Citizens Financial Group Inc (NYSE: CFG) kicked off on Monday, down -0.55% from the previous trading day, before settling in for the closing price of $41.82. Over the past 52 weeks, CFG has traded in a range of $23.50-$44.39.

During the last 5-year period, the sales growth of Financial Sector giant was 12.15%. While this was happening, its average annual earnings per share was recorded -3.33%. With a float of $444.50 million, this company’s outstanding shares have now reached $466.42 million.

Let’s determine the extent of company efficiency that accounts for 17570 employees. In terms of profitability, gross margin is 99.56%, operating margin of 13.57%, and the pretax margin is 13.94%.

Citizens Financial Group Inc (CFG) Breakdown of a Key Holders of the stock

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 0.85%, while institutional ownership is 92.84%. The most recent insider transaction that took place on Oct 16 ’24, was worth 158,972. Before that another transaction happened on Jul 25 ’24, when Company’s Controller sold 3,938 for $43.26, making the entire transaction worth $170,338. This insider now owns 33,620 shares in total.

Citizens Financial Group Inc (CFG) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -3.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.22% during the next five years compared to -2.34% drop 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 1.48. Likewise, its price to free cash flow for the trailing twelve months is 6.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.55, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 3.85 in one year’s time.

Technical Analysis of Citizens Financial Group Inc (CFG)

Looking closely at Citizens Financial Group Inc (NYSE: CFG), its last 5-days average volume was 3.92 million, which is a drop from its year-to-date volume of 5.33 million. As of the previous 9 days, the stock’s Stochastic %D was 43.99%. Additionally, its Average True Range was 1.03.

During the past 100 days, Citizens Financial Group Inc’s (CFG) raw stochastic average was set at 73.88%, which indicates a significant increase from 23.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.59% in the past 14 days, which was lower than the 26.71% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $41.49, while its 200-day Moving Average is $37.02. However, in the short run, Citizens Financial Group Inc’s stock first resistance to watch stands at $41.91. Second resistance stands at $42.23. The third major resistance level sits at $42.58. If the price goes on to break the first support level at $41.24, it is likely to go to the next support level at $40.89. Now, if the price goes above the second support level, the third support stands at $40.57.

Citizens Financial Group Inc (NYSE: CFG) Key Stats

The company with the Market Capitalisation of 18.51 billion has total of 445,054K Shares Outstanding. Its annual sales at the moment are 12,187 M in contrast with the sum of 1,608 M annual income. Company’s last quarter sales were recorded 3,071 M and last quarter income was 382,000 K.