A new trading day began on Friday, with CVB Financial Corp (NASDAQ: CVBF) stock price up 3.33% from the previous day of trading, before settling in for the closing price of $21.29. CVBF’s price has ranged from $15.71 to $24.58 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 11.16%. Meanwhile, its annual earnings per share averaged -10.51%. With a float of $131.23 million, this company’s outstanding shares have now reached $139.68 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 44.07%, and the pretax margin is 43.42%.
CVB Financial Corp (CVBF) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of CVB Financial Corp is 6.05%, while institutional ownership is 72.34%. 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
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
Here are CVB Financial Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.53. Likewise, its price to free cash flow for the trailing twelve months is 14.51.
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 1.41 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 1.57 million was superior to 0.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.31%. Additionally, its Average True Range was 0.76.
During the past 100 days, CVB Financial Corp’s (CVBF) raw stochastic average was set at 69.69%, which indicates a significant increase from 35.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.47% in the past 14 days, which was lower than the 40.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.59, while its 200-day Moving Average is $18.35. Now, the first resistance to watch is $22.30. This is followed by the second major resistance level at $22.61. The third major resistance level sits at $23.19. If the price goes on to break the first support level at $21.41, it is likely to go to the next support level at $20.83. The third support level lies at $20.52 if the price breaches the second support level.
CVB Financial Corp (NASDAQ: CVBF) Key Stats
With a market capitalization of 3.18 billion, the company has a total of 139,678K Shares Outstanding. Currently, annual sales are 665,660 K while annual income is 221,440 K. The company’s previous quarter sales were 178,590 K while its latest quarter income was 51,220 K.
