Columbia Financial, Inc [NASDAQ: CLBK] gained 0.58% or 0.08 points to close at $13.83 with a heavy trading volume of 119808 shares.
The daily chart for CLBK points out that the company has recorded -18.31% loss over the past six months.
If we look at the average trading volume of 154.23K shares, CLBK reached to a volume of 119808 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 Columbia Financial, Inc [CLBK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLBK shares is $17.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLBK 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.
Janney have made an estimate for Columbia Financial, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 11, 2023. The new note on the price target was released on July 28, 2022, representing the official price target for Columbia Financial, Inc stock. Previously, the target price had yet another drop from $23 to $20, while Compass Point kept a Neutral rating on CLBK stock. On December 02, 2021, analysts increased their price target for CLBK shares from 20 to 22.
The Average True Range (ATR) for Columbia Financial, Inc is set at 0.37, with the Price to Sales ratio for CLBK stock in the period of the last 12 months amounting to 3.19. The Price to Book ratio for the last quarter was 1.32. Price to Free Cash Flow for CLBK in the course of the last twelve months was 162.50.
Trading performance analysis for CLBK stock
Columbia Financial, Inc [CLBK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.35. With this latest performance, CLBK shares dropped by -7.98% in over the last four-week period, additionally sinking by -18.31% over the last 6 months – not to mention a drop of -0.86% in the past year of trading.
Columbia Financial, Inc [CLBK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Columbia Financial, Inc [CLBK] shares currently have an operating margin of 0.55%. Columbia Financial, Inc’s Net Margin is presently recorded at -0.35%.
Return on Equity for this stock declined to -0.02%, with Return on Assets sitting at -0.02%.
An analysis of Institutional ownership at Columbia Financial, Inc [CLBK]
There are presently around $13.21%, or 51.64%% of CLBK stock, in the hands of institutional investors. The top three institutional holders of CLBK stocks are: VANGUARD GROUP INC with ownership of 2.68 million shares, which is approximately 2.636%. BLACKROCK INC., holding 2.3 million shares of the stock with an approximate value of $$34.37 million in CLBK stocks shares; and BLACKROCK INC., currently with $$26.43 million in CLBK stock with ownership which is approximately 1.7372%.
