Cullen/Frost Bankers Inc. (NYSE: CFR) is -0.99% lower on its value in year-to-date trading and has touched a low of $102.59 and a high of $147.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CFR stock was last observed hovering at around $123.97 in the last trading session, with the day’s gains setting it 0.85% off its average median price target of $134.00 for the next 12 months. It is also 22.95% off the consensus price target high of $162.00 offered by 15 analysts, but current levels are -1.48% lower than the price target low of $123.00 for the same period.
Currently trading at $124.82, the stock is 5.55% and 3.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.69% at the moment leaves the stock -4.72% off its SMA200. CFR registered 18.58% gain for a year compared to 6-month loss of -8.11%.
The stock witnessed a 5.57% gain in the last 1 month and extending the period to 3 months gives it a -14.17%, and is 7.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.41% over the week and 2.44% over the month.
Cullen/Frost Bankers Inc. (CFR) has around 4553 employees, a market worth around $7.77B and $1.02B in sales. Current P/E ratio is 19.30 and Fwd P/E is 13.30. Distance from 52-week low is 21.67% and -15.31% from its 52-week high. The company has generated returns on investments over the last 12 months (20.80%).
Cullen/Frost Bankers Inc. (CFR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Cullen/Frost Bankers Inc. (CFR) is a “Hold”. 15 analysts offering their recommendations for the stock have an average rating of 3.10, where 8 rate it as a Hold and 2 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 32.50% this year.
Cullen/Frost Bankers Inc. (CFR) Top Institutional Holders
The shares outstanding are 64.05M, and float is at 57.86M with Short Float at 1.80%.
Cullen/Frost Bankers Inc. (CFR) Insider Activity
A total of 20 insider transactions have happened at Cullen/Frost Bankers Inc. (CFR) in the last six months, with sales accounting for 8 and purchases happening 12 times. The most recent transaction is an insider purchase by Avery Chris,the company’sDirector. SEC filings show that Avery Chris bought 5,000 shares of the company’s common stock on May 02 at a price of $131.55 per share for a total of $0.66 million. Following the purchase, the insider now owns 17000.0 shares.
Cullen/Frost Bankers Inc. disclosed in a document filed with the SEC on Feb 04 that FROST PATRICK B (President of Frost Bank) sold a total of 6,601 shares of the company’s common stock. The trade occurred on Feb 04 and was made at $139.33 per share for $0.92 million. Following the transaction, the insider now directly holds 0.14 million shares of the CFR stock.
Still, SEC filings show that on Nov 10, Salinas Jerry (GEVP and CFO) disposed off 36,580 shares at an average price of $134.88 for $4.93 million. The insider now directly holds 25,040 shares of Cullen/Frost Bankers Inc. (CFR).
Cullen/Frost Bankers Inc. (CFR): Who are the competitors?
The company’s main competitors (and peers) include Independent Bank Group Inc. (IBTX) that is trading 0.46% up over the past 12 months and BOK Financial Corporation (BOKF) that is -6.02% lower over the same period. Prosperity Bancshares Inc. (PB) is 2.17% up on the 1-year trading charts.