Valley National Bancorp (NASDAQ: VLY) on Friday, plunged -2.23% from the previous trading day, before settling in for the closing price of $8.98. Within the past 52 weeks, VLY’s price has moved between $6.47 and $11.10.
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Financial Sector giant saw their annual sales surged by 21.96% over the last five years. The company achieved an average annual earnings per share of 52.95%. With a float of $478.17 million, this company’s outstanding shares have now reached $558.79 million.
The firm has a total of 3732 workers. Let’s measure their productivity. In terms of profitability, gross margin is 117.13%, operating margin of 0.43%, and the pretax margin is 16.22%.
Valley National Bancorp (VLY) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Valley National Bancorp is 14.65%, while institutional ownership is 69.28%. 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) Recent Fiscal highlights
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 52.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.09% during the next five years compared to -4.53% drop over the previous five years of trading.
Valley National Bancorp (NASDAQ: VLY) Trading Performance Indicators
Valley National Bancorp (VLY) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38. Likewise, its price to free cash flow for the trailing twelve months is 9.47.
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 1.17 in one year’s time.
Technical Analysis of Valley National Bancorp (VLY)
Analysing the last 5-days average volume posted by the [Valley National Bancorp, VLY], we can find that recorded value of 6.69 million was lower than the volume posted last year of 8.4 million. As of the previous 9 days, the stock’s Stochastic %D was 44.29%. Additionally, its Average True Range was 0.27.
During the past 100 days, Valley National Bancorp’s (VLY) raw stochastic average was set at 12.81%, which indicates a significant decrease from 40.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.58% in the past 14 days, which was lower than the 34.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.55, while its 200-day Moving Average is $8.93. Now, the first resistance to watch is $8.95. This is followed by the second major resistance level at $9.13. The third major resistance level sits at $9.25. If the price goes on to break the first support level at $8.65, it is likely to go to the next support level at $8.53. Now, if the price goes above the second support level, the third support stands at $8.35.
Valley National Bancorp (NASDAQ: VLY) Key Stats
Market capitalization of the company is 4.92 billion based on 560,276K outstanding shares. Right now, sales total 3,582 M and income totals 380,270 K. The company made 886,030 K in profit during its latest quarter, and 115,710 K in sales during its previous quarter.
