Citizens Financial Group Inc (NYSE: CFG) is -20.38% lower on its value in year-to-date trading and has touched a low of $32.06 and a high of $49.25 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 CFG stock was last observed hovering at around $34.27 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $34.84, the stock is -13.20% and -19.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.0 million and changing 1.66% at the moment leaves the stock -18.27% off its SMA200. CFG registered 2.17% gain for a year compared to 6-month gain of -12.97%. The firm has a 50-day simple moving average (SMA 50) of $43.5466 and a 200-day simple moving average (SMA200) of $42.629.
The stock witnessed a -16.33% loss in the last 1 month and extending the period to 3 months gives it a -21.81%, and is -14.96% down 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 6.64% over the week and 3.68% over the month.
Citizens Financial Group Inc (CFG) has around 17287 employees, a market worth around $15.23B and $12.45B in sales. Current P/E ratio is 11.51 and Fwd P/E is 7.01. Profit margin for the company is 11.02%. Distance from 52-week low is 8.67% and -29.26% from its 52-week high. The company has generated returns on investments over the last 12 months (3.80%).
The EPS is expected to grow by 25.63% this year.
Citizens Financial Group Inc (CFG) Top Institutional Holders
1137.0 institutions hold shares in Citizens Financial Group Inc (CFG), with institutional investors hold 98.20% of the company’s shares. The shares outstanding are 440.54M, and float is at 433.16M with Short Float at 2.81%. Institutions hold 97.55% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 55.36 million shares valued at $1.99 billion. The investor’s holdings represent 12.191% of the CFG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 52.29 million shares valued at $1.88 billion to account for 11.3348 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.21 million shares representing 5.3312% and valued at over $872.33 million, while INVESCO LTD. holds 4.8624 of the shares totaling 22.08 million with a market value of $795.63 million.
Citizens Financial Group Inc (CFG) Insider Activity
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Still, SEC filings show that on Oct 16 ’24, Read Craig Jack (Former Officer) Proposed Sale 3,604 shares at an average price of $44.11 for $0.16 million. The insider now directly holds shares of Citizens Financial Group Inc (CFG).
