Cullen Frost Bankers Inc. (CFR) stock forecast: Can it reach its 52-week high of $127.67

A share price of Cullen Frost Bankers Inc. [CFR] is currently trading at $127.42, down -0.05%. 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 3.09% over the last week, with a monthly amount glided 14.04%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Cullen Frost Bankers Inc. [NYSE: CFR] stock has seen the most recent analyst activity on August 05, 2024, when Morgan Stanley downgraded its rating to a Underweight and also boosted its price target to $121 from $112. Previously, Maxim Group reaffirmed its Buy rating on July 26, 2024, and elevated its price target to $138. On January 08, 2024, downgrade downgraded it’s rating to Neutral. Evercore ISI downgraded its rating to a Underperform and increased its price target to $111 on January 03, 2024. Citigroup initiated its recommendation with a Sell and recommended $94 as its price target on December 01, 2023. UBS upgraded its rating to Neutral for this stock on August 25, 2023, and upped its price target to $100. In a note dated May 16, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $127 to $121.

Cullen Frost Bankers Inc. experienced fluctuations in its stock price throughout the past year between $82.25 and $127.67. Currently, Wall Street analysts expect the stock to reach $139 within the next 12 months. Cullen Frost Bankers Inc. [NYSE: CFR] shares were valued at $127.42 at the most recent close of the market. An investor can expect a potential return of 9.09% based on the average CFR price forecast.

Analyzing the CFR fundamentals

Trailing Twelve Months sales for Cullen Frost Bankers Inc. [NYSE:CFR] were 2.76B which represents 9.57% growth. Gross Profit Margin for this corporation currently stands at 1.08% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.15 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.1.

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 126.17 points at the first support level, and at 124.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.79, and for the 2nd resistance point, it is at 130.15.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Cullen Frost Bankers Inc. [NYSE:CFR] is 0.26. Considering the valuation of this stock, the price to sales ratio is 2.96, the price to book ratio is 2.32 and price to earnings (TTM) ratio is 15.56.

Transactions by insiders

Recent insider trading involved Kasanoff Howard L., GEVP Chief Credit Officer, that happened on Jul 31 ’24 when 3000.0 shares were sold. Officer, Kasanoff Howard L. completed a deal on Jul 30 ’24 to buy 3000.0 shares. Meanwhile, GEVP Culture/PeopleDevelopment Wolfshohl Candace K sold 5000.0 shares on Jul 26 ’24.

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