Analysts’ expectations for CVB Financial Corp. (CVBF) stock: $21 price target in 12 months

CVB Financial Corp. [CVBF] stock prices are up 3.62% to $18.02 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CVBF shares have gain 2.68% over the last week, with a monthly amount glided 0.56%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CVB Financial Corp. [NASDAQ: CVBF] stock has seen the most recent analyst activity on October 02, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $22 from $20. Previously, Janney downgraded its rating to Neutral on May 22, 2024. On April 22, 2024, downgrade downgraded it’s rating to Market Perform but maintained its price target of $18 on the stock. Stephens started tracking the stock assigning a Equal-Weight rating and suggested a price target of $21 on December 08, 2023. Janney upgraded its rating to a Buy. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on October 21, 2022, but kept the price target unchanged to $32. In a note dated August 05, 2021, Hovde Group upgraded an Outperform rating on this stock and boosted its target price from $22 to $23.

The stock price of CVB Financial Corp. [CVBF] has been fluctuating between $14.62 and $21.77 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. CVB Financial Corp. [NASDAQ: CVBF] shares were valued at $18.02 at the most recent close of the market. An investor can expect a potential return of 16.54% based on the average CVBF price forecast.

Analyzing the CVBF fundamentals

The CVB Financial Corp. [NASDAQ:CVBF] reported sales of 693.08M for trailing twelve months, representing a surge of 7.17%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.45%, Pretax Profit Margin comes in at 0.44%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.22.

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 17.68 points at the first support level, and at 17.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.29, and for the 2nd resistance point, it is at 18.56.

Ratios To Look Out For

It’s worth pointing out that CVB Financial Corp. [NASDAQ:CVBF]’s Current Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 3.63, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 12.25.

Transactions by insiders

Recent insider trading involved Sheehy Kimberly H., Director, that happened on Jul 02 ’24 when 2961.0 shares were sold. Director, Borba George A Jr completed a deal on Jun 14 ’24 to buy 34200.0 shares. Meanwhile, Director Borba George A Jr bought 4610.0 shares on Jun 17 ’24.

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