On Tuesday, CVB Financial Corp (NASDAQ: CVBF) was -1.46% drop from the session before settling in for the closing price of $23.31. A 52-week range for CVBF has been $15.71 – $24.58.
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Annual sales at Financial sector company grew by 11.16% over the past five years. When this article was written, the company’s average yearly earnings per share was at -10.51%. With a float of $131.24 million, this company’s outstanding shares have now reached $139.68 million.
Let’s look at the performance matrix of the company that is accounted for 1107 employees. In terms of profitability, gross margin is 39.97%, operating margin of 40.22%, and the pretax margin is 39.62%.
CVB Financial Corp (CVBF) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CVB Financial Corp stocks. The insider ownership of CVB Financial Corp is 6.04%, while institutional ownership is 72.33%. The most recent insider transaction that took place on Nov 26 ’24, was worth 197,279. In this transaction Director of this company sold 8,289 shares at a rate of $23.80, taking the stock ownership to the 42,842 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Director proposed sale 8,289 for $24.03, making the entire transaction worth $199,185.
CVB Financial Corp (CVBF) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.35 earnings per share (EPS) during the time that was less than consensus figure (set at 0.39) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -10.51% 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
You can see what CVB Financial Corp (CVBF) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.58. Likewise, its price to free cash flow for the trailing twelve months is 14.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.42, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.40 in one year’s time.
Technical Analysis of CVB Financial Corp (CVBF)
CVB Financial Corp (NASDAQ: CVBF) saw its 5-day average volume 0.83 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 45.33%. Additionally, its Average True Range was 0.65.
During the past 100 days, CVB Financial Corp’s (CVBF) raw stochastic average was set at 81.11%, which indicates a significant increase from 35.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.33% in the past 14 days, which was lower than the 40.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.31, while its 200-day Moving Average is $18.00. Nevertheless, the first resistance level for the watch stands at $23.27 in the near term. At $23.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.75. If the price goes on to break the first support level at $22.79, it is likely to go to the next support level at $22.60. The third support level lies at $22.31 if the price breaches the second support level.
CVB Financial Corp (NASDAQ: CVBF) Key Stats
There are 139,678K outstanding shares of the company, which has a market capitalization of 3.21 billion. As of now, sales total 665,660 K while income totals 221,440 K. Its latest quarter income was 178,590 K while its last quarter net income were 51,220 K.
