Here is how Cullen Frost Bankers Inc. (CFR) stock might take investors finances to the next level

A share price of Cullen Frost Bankers Inc. [CFR] is currently trading at $114.03, up 3.96%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CFR shares have gain 4.37% over the last week, with a monthly amount glided 9.44%, and seem to be holding up well over a long-time horizon.

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On 21, February 2024, FROST BANK AGAIN RECEIVES HIGHEST NUMBER OF GREENWICH EXCELLENCE AND BEST BRAND AWARDS. In a post published today on Yahoo Finance, Frost Bank, one of the largest banks based in Texas, received 34 Greenwich Excellence and Best Brand Awards – the highest amount received nationwide for the eighth consecutive year – for providing superior service, advice and performance to small-business and middle-market banking clients.

From an analyst’s perspective:

Cullen Frost Bankers Inc. [NYSE: CFR] stock has seen the most recent analyst activity on January 08, 2024, when Compass Point downgraded its rating to a Neutral. Previously, Evercore ISI downgraded its rating to Underperform on January 03, 2024, and elevated its price target to $111. On December 01, 2023, Citigroup initiated with a Sell rating and assigned a price target of $94 on the stock. UBS upgraded its rating to a Neutral and increased its price target to $100 on August 25, 2023. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $121 on May 16, 2023. UBS started tracking with a Sell rating for this stock on March 15, 2023, and assigned it a price target of $107. In a note dated February 21, 2023, Raymond James downgraded an Mkt Perform rating on this stock.

Cullen Frost Bankers Inc. experienced fluctuations in its stock price throughout the past year between $82.25 and $132.82. Currently, Wall Street analysts expect the stock to reach $148.89 within the next 12 months. Cullen Frost Bankers Inc. [NYSE: CFR] shares were valued at $114.03 at the most recent close of the market. An investor can expect a potential return of 30.57% based on the average CFR price forecast.

Analyzing the CFR fundamentals

Trailing Twelve Months sales for Cullen Frost Bankers Inc. [NYSE:CFR] were 2.64B which represents 13.12% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.18 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.18.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 110.74 points at the first support level, and at 107.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.88, and for the 2nd resistance point, it is at 117.72.

Cullen Frost Bankers Inc. [CFR] reported earnings per share of $1.55 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.02/share, meaning a difference of -$0.47 and a surprise factor of -23.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.38 per share as compared to estimates of $2.15 per share, a difference of $0.23 representing a surprise of 10.70%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Cullen Frost Bankers Inc. [NYSE:CFR] is 0.30. Considering the valuation of this stock, the price to sales ratio is 2.78, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 12.56.

Transactions by insiders

Recent insider trading involved Bracher Paul, President of CFR, that happened on Feb 16 when 9820.0 shares were sold. President of Frost Bank, FROST PATRICK B completed a deal on May 19 to sell 6617.0 shares. Meanwhile, Director John Howard Willome bought 2000.0 shares on May 15.

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