Stocks of Citizens Financial Group Inc (NYSE:CFG) traded higher last session on Wall Street, down -1.36% to $42.12.
CFG stock price is now 1.47% away from the 50-day moving average and 14.07% away from the 200-day moving average. The market capitalization of the company currently stands at $18.88B.
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On April 26, 2024, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $35 to quote $41, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Read Craig Jack, Former Officer bought 3,604 shares of the company’s stock on Oct 16 ’24. The stock was bought for $158,972 at an average price of $44.11. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 25 ’24, Controller Read Craig Jack sold 3,938 shares of the business’s stock. A total of $170,338 was realized by selling the stock at an average price of $43.26. This leaves the insider owning 33,620 shares of the company worth $1.42 million. A total of 0.85% of the company’s stock is owned by insiders.
During the past 12 months, Citizens Financial Group Inc has had a low of $22.81 and a high of $44.39. According to the stock market information, the enterprise value for the company is $23686520832, which is based on a 16.54 price-to-earnings ratio, a 2.01 price-to-earnings-growth ratio, and a beta of 1.33. The fifty day moving average price for CFG is $41.5112 and a two-hundred day moving average price translates $36.92585 for the stock.
The latest earnings results from Citizens Financial Group Inc (NYSE: CFG) was released for 2024-09-30. The net profit margin was 9.33% and return on equity was 5.43% for CFG. The company reported revenue of $2.54 billion for the quarter, compared to $2.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.16 percent.
