On Monday, Valley National Bancorp (NASDAQ: VLY) opened lower -1.33% from the last session, before settling in for the closing price of $8.25. Price fluctuations for VLY have ranged from $6.47 to $11.10 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 21.96%. Company’s average yearly earnings per share was noted 51.89% at the time writing. With a float of $477.85 million, this company’s outstanding shares have now reached $558.79 million.
Let’s determine the extent of company efficiency that accounts for 3732 employees. 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
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Valley National Bancorp is 14.67%, while institutional ownership is 70.01%. 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
According to the Wall Street analysts, stocks earnings will be around 51.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.96% 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
Check out the current performance indicators for Valley National Bancorp (VLY). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 8.78.
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)
Looking closely at Valley National Bancorp (NASDAQ: VLY), its last 5-days average volume was 8.13 million, which is a drop from its year-to-date volume of 9.31 million. As of the previous 9 days, the stock’s Stochastic %D was 52.60%. Additionally, its Average True Range was 0.40.
During the past 100 days, Valley National Bancorp’s (VLY) raw stochastic average was set at 18.26%, which indicates a significant decrease from 41.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.19% in the past 14 days, which was higher than the 37.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.02, while its 200-day Moving Average is $9.05. However, in the short run, Valley National Bancorp’s stock first resistance to watch stands at $8.21. Second resistance stands at $8.29. The third major resistance level sits at $8.37. If the price goes on to break the first support level at $8.05, it is likely to go to the next support level at $7.97. Now, if the price goes above the second support level, the third support stands at $7.89.
Valley National Bancorp (NASDAQ: VLY) Key Stats
There are currently 560,028K shares outstanding in the company with a market cap of 4.56 billion. Presently, the company’s annual sales total 3,582 M according to its annual income of 380,270 K. Last quarter, the company’s sales amounted to 886,030 K and its income totaled 115,710 K.
