It’s A Good Start, But Can The Momentum Continue? Citizens Financial Group, Inc. (CFG)

Wall Street analysts will be watching closely when Citizens Financial Group, Inc. (NYSE:CFG) reports its quarterly earnings next, which is scheduled for Thu 18 Apr (In 35 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.89 per share. In the preceding quarter, the company reportedly generated EPS of $0.96 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 73.00%, a profit margin of 29.40%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Citizens Financial Group, Inc. (NYSE:CFG). Most recently, on January 9th, 2019, Citigroup Upgrade a Buy rating. Before that, on January 2nd, 2019, RBC Capital Mkts Upgrade to Outperform. Barclays Reiterated a Equal Weight rating on January 2nd, 2019, Macquarie Upgrade an Outperform rating on November 27th, 2018, and Macquarie Upgrade a Neutral rating on October 22nd, 2018.

At its current price point, combined with the fact that this company has 462.51M shares outstanding, the current market capitalization sits at 16.53B. In the last trading day, 3,811,119 shares of Citizens Financial Group, Inc. were traded, which compares to its usual volume of about 5.09M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.82 in the past five trading days, resulting in a percentage change of +2.35% and a moving average of 35.23. In the past 20 days, its price changed by -$0.57 (which is -1.57%) and the stock’s moving average was 36.33. Looking back a full 50 days, shares of CFG changed by $6.01 (which is +20.22%) and demonstrated a moving average of 34.92.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 32.43%, a 14-day Stochastic %K score of 30.99% and a 20-day Stochastic %K score of 30.61%. Using a similar metric, Citizens Financial Group, Inc. (CFG) shares showed a Stochastic %D of 25.09% over the past 9 days, a Stochastic %D score of 24.01% over the last 14 days, and a 20-day Stochastic %D of 23.83%. Meanwhile, this stock’s MACD Oscillator was -0.14 over the past 9 days, -0.63 over the past two weeks, and -0.90 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $35.74 level. Over the past 12 months, this stock has experienced a high price of $45.91 and a low of $27.62. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Citizens Financial Group, Inc. (NYSE:CFG) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 50,626,630 shares of the company’s stock following the subtraction of -1,260,940 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 11.00% stake in Citizens Financial Group, Inc. (CFG)’s shares.

Just in the most recent trading day, Citizens Financial Group, Inc. (NYSE:CFG) experienced a high price of $35.88 and low point of $35.435. At the end of the last trading session, this stock was at 35.74 per share, following a gain of $0.05, or 0.68% during the full day.