CVB Financial Corp (NASDAQ: CVBF) on Tuesday, soared 0.98% from the previous trading day, before settling in for the closing price of $18.39. Within the past 52 weeks, CVBF’s price has moved between $15.91 and $24.58.
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A company in the Financial sector has jumped its sales by 6.28% annually for the last half of the decade. The company achieved an average annual earnings per share of 0.12%. With a float of $129.36 million, this company’s outstanding shares have now reached $139.09 million.
In an organization with 1089 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 103.53%, operating margin of 65.42%, and the pretax margin is 65.42%.
CVB Financial Corp (CVBF) Insider and Institutional Ownership
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of CVB Financial Corp is 6.13%, while institutional ownership is 75.91%. 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 0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.12% per share during the next fiscal year.
CVB Financial Corp (NASDAQ: CVBF) Trading Performance Indicators
CVB Financial Corp (CVBF) 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 3.81. Likewise, its price to free cash flow for the trailing twelve months is 12.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.45, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.54 in one year’s time.
Technical Analysis of CVB Financial Corp (CVBF)
Let’s dig in a bit further. During the last 5-days, its volume was 1.12 million. That was better than the volume of 0.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.78%. Additionally, its Average True Range was 0.44.
During the past 100 days, CVB Financial Corp’s (CVBF) raw stochastic average was set at 47.41%, which indicates a significant increase from 18.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.21% in the past 14 days, which was lower than the 29.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.52, while its 200-day Moving Average is $19.65. However, in the short run, CVB Financial Corp’s stock first resistance to watch stands at $18.69. Second resistance stands at $18.81. The third major resistance level sits at $19.05. If the price goes on to break the first support level at $18.33, it is likely to go to the next support level at $18.10. The third support level lies at $17.98 if the price breaches the second support level.
CVB Financial Corp (NASDAQ: CVBF) Key Stats
Market capitalization of the company is 2.56 billion based on 137,805K outstanding shares. Right now, sales total 684,590 K and income totals 200,720 K. The company made 159,230 K in profit during its latest quarter, and 51,100 K in sales during its previous quarter.
