Are Citizens Financial Group Inc (CFG) stocks a prudent buy?

Citizens Financial Group Inc [CFG] stock is trading at $41.74, up 0.72%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CFG shares have lost -0.93% over the last week, with a monthly amount glided 3.73%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Piper Sandler upgraded its rating to Overweight on April 26, 2024, and elevated its price target to $41. On February 05, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $36 on the stock. Barclays downgraded its rating to a Equal Weight and increased its price target to $40 on January 02, 2024. Morgan Stanley downgraded its rating to a Equal-Weight but $31 remained the price target by the analyst firm on December 04, 2023. Piper Sandler downgraded its rating to Neutral for this stock on October 25, 2023, and downed its price target to $26. In a note dated October 23, 2023, Wolfe Research upgraded an Peer Perform rating on this stock.

Citizens Financial Group Inc [CFG] stock has fluctuated between $22.77 and $44.39 over the past year. Currently, Wall Street analysts expect the stock to reach $46.78 within the next 12 months. Citizens Financial Group Inc [NYSE: CFG] shares were valued at $41.74 at the most recent close of the market. An investor can expect a potential return of 12.07% based on the average CFG price forecast.

Analyzing the CFG fundamentals

Citizens Financial Group Inc [NYSE:CFG] reported sales of 12.48B for the trailing twelve months, which represents a drop of -1.99%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.05 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.

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 41.30 points at the first support level, and at 40.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.09, and for the 2nd resistance point, it is at 42.45.

Ratios To Look Out For

For context, Citizens Financial Group Inc’s Current Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.50, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 16.39.

Transactions by insiders

Recent insider trading involved Read Craig Jack, Former Officer, that happened on Oct 16 ’24 when 3604.0 shares were purchased. Controller, Read Craig Jack completed a deal on Jul 25 ’24 to sell 3938.0 shares. Meanwhile, Controller Read Craig Jack sold 6327.0 shares on Apr 19 ’24.

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