Central Pacific Financial Corp [NYSE: CPF] surged by $0.19 during the normal trading session on previous day and reaching a high of $26.195 during the day while it closed the day at $26.02.
Central Pacific Financial Corp stock has also loss -4.86% of its value over the past 7 days. However, CPF stock has declined by -4.76% in the 3 months of the year. Over the past six months meanwhile, it has lost -15.82% and lost -10.43% year-on date.
The market cap for CPF stock reached $701.92 million, with 27.06 million shares outstanding and 26.37 million shares in the current float. Compared to the average trading volume of 167.95K shares, CPF reached a trading volume of 117468 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Central Pacific Financial Corp [CPF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CPF shares is $30.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CPF stock is a recommendation set at 2.00. 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.
Raymond James have made an estimate for Central Pacific Financial Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on October 06, 2022. While these analysts kept the previous recommendation, Compass Point dropped their target price from $31 to $30. The new note on the price target was released on January 27, 2022, representing the official price target for Central Pacific Financial Corp stock. Previously, the target price had yet another raise to $29, while Raymond James analysts kept a Outperform rating on CPF stock.
The Average True Range (ATR) for Central Pacific Financial Corp is set at 0.68, with the Price to Sales ratio for CPF stock in the period of the last 12 months amounting to 2.03. The Price to Book ratio for the last quarter was 1.26. Price to Free Cash Flow for CPF in the course of the last twelve months was 8.58.
CPF stock trade performance evaluation
Central Pacific Financial Corp [CPF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.86. With this latest performance, CPF shares dropped by -5.00% in over the last four-week period, additionally sinking by -15.82% over the last 6 months – not to mention a rise of 31.88% in the past year of trading.
Central Pacific Financial Corp [CPF]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Central Pacific Financial Corp [CPF] shares currently have an operating margin of 20.89%. Central Pacific Financial Corp’s Net Margin is presently recorded at 16.83%.
Return on Equity for this stock inclined to 0.79%, with Return on Assets sitting at 0.79%.
Central Pacific Financial Corp [CPF]: Institutional Ownership
There are presently around $94.39%, or 96.85%% of CPF stock, in the hands of institutional investors. The top three institutional holders of CPF stocks are: BLACKROCK INC. with ownership of 3.97 million shares, which is approximately 14.6579%. VANGUARD GROUP INC, holding 2.12 million shares of the stock with an approximate value of $$45.02 million in CPF stocks shares; and VANGUARD GROUP INC, currently with $$29.77 million in CPF stock with ownership which is approximately 5.1899%.
