Citizens Financial Group Inc. [CFG] Revenue clocked in at $5.09 billion, up 15.21% YTD: What’s Next?

Citizens Financial Group Inc. [NYSE: CFG] loss -4.19% or -1.8 points to close at $41.20 with a heavy trading volume of 7946161 shares. The company report on July 14, 2021 that Citizens Financial Group Named Best U.S. Bank in Euromoney’s Awards for Excellence 2021.

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Financial strength, digital investments, customer-focused culture among areas cited as helping drive strong growth since IPO.

Citizens Financial Group, Inc. (NYSE: CFG) was named “Best U.S. Bank” by Euromoney as part of the magazine’s Awards for Excellence 2021. The award recognizes the U.S. bank that brings the highest level of service, innovation and expertise to its customers. The judging period for the 2021 awards ran from March 2020 through March 2021, and included criteria such as financial metrics, strategic execution, and performance relative to peers.

It opened the trading session at $41.69, the shares rose to $42.08 and dropped to $40.93, the range by which the price of stock traded the whole day. The daily chart for CFG points out that the company has recorded 1.40% gains over the past six months. However, it is still -75.62% lower than its most recent low trading price.

If we look at the average trading volume of 4.14M shares, CFG reached to a volume of 7946161 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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 $51.65 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 2.10. 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.

Citigroup have made an estimate for Citizens Financial Group Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 16, 2021. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price to Outperform. The new note on the price target was released on July 07, 2021, representing the official price target for Citizens Financial Group Inc. stock. Previously, the target price had yet another raise to $46, while Compass Point analysts kept a Buy rating on CFG stock.

The Average True Range (ATR) for Citizens Financial Group Inc. is set at 1.49, with the Price to Sales ratio for CFG stock in the period of the last 12 months amounting to 3.60. The Price to Book ratio for the last quarter was 0.85, with the Price to Cash per share for the same quarter was set at 36.58.

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 -10.18. With this latest performance, CFG shares dropped by -8.99% in over the last four-week period, additionally plugging by 1.40% over the last 6 months – not to mention a rise of 63.82% 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 30.88, with the RSI for the last a single of trading hit 25.94, and the three-weeks RSI is set at 34.86 for Citizens Financial Group Inc. [CFG]. The present Moving Average for the last 50 days of trading for this stock 47.38, while it was recorded at 43.71 for the last single week of trading, and 40.27 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 +17.94. Citizens Financial Group Inc.’s Net Margin is presently recorded at +14.61.

Return on Total Capital for CFG is now 3.73, given the latest momentum, and Return on Invested Capital for the company is 3.27. Return on Equity for this stock inclined to 4.71, with Return on Assets sitting at 0.60. 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 41.56. Additionally, CFG Total Debt to Total Capital is recorded at 29.36, with Total Debt to Total Assets ending up at 5.12. Long-Term Debt to Equity for the company is recorded at 37.04, with the Long-Term Debt to Total Capital now at 23.90.

Reflecting on the efficiency of the workforce at the company, Citizens Financial Group Inc. [CFG] managed to generate an average of $60,111 per employee.

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

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 -2.76%.

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

There are presently around $16,371 million, or 95.30% of CFG stock, in the hands of institutional investors. The top three institutional holders of CFG stocks are: VANGUARD GROUP INC with ownership of 48,683,725, which is approximately -0.468% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 39,348,560 shares of the stock with an approximate value of $1.62 billion in CFG stocks shares; and STATE STREET CORP, currently with $995.46 million in CFG stock with ownership of nearly 2.551% of the company’s market capitalization.

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Positions in Citizens Financial Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 375 institutional holders increased their position in Citizens Financial Group Inc. [NYSE:CFG] by around 45,691,523 shares. Additionally, 277 investors decreased positions by around 46,240,607 shares, while 78 investors held positions by with 305,427,466 shares. The mentioned changes placed institutional holdings at 397,359,596 shares, according to the latest SEC report filing. CFG stock had 127 new institutional investments in for a total of 5,526,846 shares, while 41 institutional investors sold positions of 7,180,814 shares during the same period.

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