Citizens Financial Group Inc. [CFG] is -32.92% lower this YTD. Is it still time to buy?

Citizens Financial Group Inc. [NYSE: CFG] gained 2.21% or 0.59 points to close at $27.24 with a heavy trading volume of 6380381 shares. It opened the trading session at $28.28, the shares rose to $28.45 and dropped to $26.41, the range by which the price of stock traded the whole day. The daily chart for CFG points out that the company has recorded -32.10% loss over the past six months. However, it is still -92.92% lower than its most recent low trading price.

If we look at the average trading volume of 6.88M shares, CFG reached to a volume of 6380381 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Citizens Financial Group Inc. [CFG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CFG shares is $29.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CFG stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Citizens Financial Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 04, 2020. The new note on the price target was released on April 14, 2020, representing the official price target for Citizens Financial Group Inc. stock. Previously, the target price had yet another raise to $49, while Barclays analysts kept a Overweight rating on CFG stock. On December 16, 2019, analysts increased their price target for CFG shares from 32 to 41.

The Average True Range (ATR) for Citizens Financial Group Inc. is set at 1.90, with the Price to Sales ratio for CFG stock in the period of the last 12 months amounting to 1.81. The Price to Book ratio for the last quarter was 0.57, with the Price to Cash per share for the same quarter was set at 18.00.

Trading performance analysis for CFG stock

Citizens Financial Group Inc. [CFG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.69. With this latest performance, CFG shares gained by 36.75% in over the last four-week period, additionally sinking by -32.10% over the last 6 months – not to mention a drop of -20.77% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CFG stock in for the last two-week period is set at 58.29, with the RSI for the last a single of trading hit 56.75, and the three-weeks RSI is set at 56.56 for Citizens Financial Group Inc. [CFG]. The present Moving Average for the last 50 days of trading for this stock 22.55, while it was recorded at 26.29 for the last single week of trading, and 31.71 for the last 200 days.

Citizens Financial Group Inc. [CFG]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Citizens Financial Group Inc. [CFG] shares currently have an operating margin of +28.17. Citizens Financial Group Inc.’s Net Margin is presently recorded at +22.95.

Return on Total Capital for CFG is now 5.82, given the latest momentum, and Return on Invested Capital for the company is 5.15. Return on Equity for this stock inclined to 8.33, with Return on Assets sitting at 1.10. When it comes to the capital structure of this company, Citizens Financial Group Inc. [CFG] has a Total Debt to Total Equity ratio set at 68.95. Additionally, CFG Total Debt to Total Capital is recorded at 40.81, with Total Debt to Total Assets ending up at 9.24. Long-Term Debt to Equity for the company is recorded at 58.72, with the Long-Term Debt to Total Capital now at 32.30.

Citizens Financial Group Inc. [CFG]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Citizens Financial Group Inc. posted 0.95/share EPS, while the average EPS was predicted by analysts to be reported at 0.94/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CFG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Citizens Financial Group Inc. go to 3.54%.

An analysis of insider ownership at Citizens Financial Group Inc. [CFG]

There are presently around $10,860 million, or 98.00% of CFG stock, in the hands of institutional investors. The top three institutional holders of CFG stocks are: VANGUARD GROUP INC with ownership of 53,586,150, which is approximately 2.434% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 39,861,565 shares of the stock with an approximate value of $1.06 billion in CFG stocks shares; and INVESCO LTD., currently with $585.07 million in CFG stock with ownership of nearly 10.344% of the company’s market capitalization.

Positions in Citizens Financial Group Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 290 institutional holders increased their position in Citizens Financial Group Inc. [NYSE:CFG] by around 34,480,177 shares. Additionally, 399 investors decreased positions by around 44,106,117 shares, while 64 investors held positions by with 328,931,247 shares. The mentioned changes placed institutional holdings at 407,517,541 shares, according to the latest SEC report filing. CFG stock had 65 new institutional investments in for a total of 2,594,472 shares, while 164 institutional investors sold positions of 9,335,362 shares during the same period.

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