Valley National Bancorp (NASDAQ: VLY) kicked off on Friday, down -3.10% from the previous trading day, before settling in for the closing price of $9.84. Over the past 52 weeks, VLY has traded in a range of $6.47-$11.10.
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
Annual sales at Financial sector company grew by 21.96% over the past five years. While this was happening, its average annual earnings per share was recorded 52.84%. With a float of $549.77 million, this company’s outstanding shares have now reached $558.60 million.
Let’s look at the performance matrix of the company that is accounted for 3749 employees. In terms of profitability, gross margin is 117.13%, operating margin of 14.8%, and the pretax margin is 16.22%.
Valley National Bancorp (VLY) 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 Valley National Bancorp is 1.57%, while institutional ownership is 69.25%. The most recent insider transaction that took place on Nov 08 ’24, was worth 9,350,000. In this transaction 10% Owner of this company bought 1,000,000 shares at a rate of $9.35, taking the stock ownership to the 72,861,862 shares. Before that another transaction happened on Feb 06 ’25, when Company’s Former Director proposed sale 402,000 for $10.41, making the entire transaction worth $4,184,389.
Valley National Bancorp (VLY) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.21% during the next five years compared to -4.61% drop over the previous five years of trading.
Valley National Bancorp (NASDAQ: VLY) Trading Performance Indicators
Take a look at Valley National Bancorp’s (VLY) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.69, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.16 in one year’s time.
Technical Analysis of Valley National Bancorp (VLY)
Valley National Bancorp (NASDAQ: VLY) saw its 5-day average volume 5.59 million, a negative change from its year-to-date volume of 8.6 million. As of the previous 9 days, the stock’s Stochastic %D was 18.65%. Additionally, its Average True Range was 0.30.
During the past 100 days, Valley National Bancorp’s (VLY) raw stochastic average was set at 39.18%, which indicates a significant increase from 2.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.53% in the past 14 days, which was lower than the 36.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.71, while its 200-day Moving Average is $8.72. Nevertheless, the first resistance level for the watch stands at $9.87 in the near term. At $10.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.39. If the price goes on to break the first support level at $9.35, it is likely to go to the next support level at $9.17. Assuming the price breaks the second support level, the third support level stands at $8.83.
Valley National Bancorp (NASDAQ: VLY) Key Stats
The company with the Market Capitalisation of 5.33 billion has total of 509,368K Shares Outstanding. Its annual sales at the moment are 3,582 M in contrast with the sum of 380,270 K annual income. Company’s last quarter sales were recorded 886,030 K and last quarter income was 115,710 K.
