Citizens Financial Group Inc (NYSE: CFG) is -7.84% lower on its value in year-to-date trading and has touched a low of $32.60 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 $41.17 in the last trading session, with the day’s loss setting it -0.84%.
Currently trading at $40.33, the stock is -0.83% and 4.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.46 million and changing -2.04% at the moment leaves the stock -5.21% off its SMA200. CFG registered 18.72% gain for a year compared to 6-month loss of -13.08%.
The stock witnessed a -3.03% gain in the last 1 month and extending the period to 3 months gives it a -0.91%, and is -2.51% 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 1.54% over the week and 1.61% over the month.
Citizens Financial Group Inc (CFG) has around 17287 employees, a market worth around $17.49B and $12.18B in sales. Current P/E ratio is 12.84 and Fwd P/E is 8.18. Profit margin for the company is 11.56%. Distance from 52-week low is 23.71% and -18.11% from its 52-week high. The company has generated returns on investments over the last 12 months (3.98%).
with sales reaching $2.01B over the same period.The EPS is expected to grow by 23.31% this year, but quarterly earnings will post 4.32% year-over-year. Quarterly sales are estimated to grow 2.22% in year-over-year returns.
Citizens Financial Group Inc (CFG) Top Institutional Holders
The shares outstanding are 437.67M, and float is at 429.65M with Short Float at 2.91%.
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 11.5149 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
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).
