Citizens Financial Group Inc. (CFG): Shedding Light on Earning Per Share Reports

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Citizens Financial Group Inc. (NYSE:CFG) changes shares on Tuesday trading session, with a change of -0.08% or -$0.02 shares. The trading starts at $24.20 and closed at $24.23 throughout the day. The trading session low price was $24.02 and day high was $24.42 on Tuesday, August 04. After the session, the Financial sector daily volume shifted to 3.72 million while its average volume is 5.85M. In other hand, the CFG market cap reached to $10.32B. While, its current target price is $29.67.

On May 24, 2018, BRIEF-Citizens Financial Group Announces Redemption Of Subordinated Notes. According to the news reported on Reuters, * CITIZENS FINANCIAL GROUP ANNOUNCES REDEMPTION OF SUBORDINATED NOTES

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.12% and down -0.25% for month. Its quarterly performance was 14.31% above, while its half year performance is down -36.77%. CFG yearly performance stood at negative -30.07% and fall -40.38% for year-to-date. Current recommendation for Citizens Financial Group Inc. is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CFG EPS (TTM) for 12-month is 2.50. EPS for this year is 10.00%, while for the next year its value is 2.59. Its EPS Q/Q reached -97.00%. It has an EPS of 19.70% up for past five years and for the next five years will be down -2.66%.

Let’s take a look on the analyst recommendations on CFG for the current month and previous month. For the current month, 15 of 21 analysts recommend stock as Buy while 1 as Sell, 1 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $22.00 – $35.00. Average target price for CFG was reached at $29.28.

Vanguard Group, Inc. (The), Blackrock Inc. and Invesco Ltd. are the top three holders in Citizens Financial Group Inc. (CFG) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 53.59 million shares which valued 1.01 billion. On Mar 30, 2020, Blackrock Inc. owned 39.86 million shares which valued at 749.8 million. On Mar 30, 2020, Invesco Ltd. has a total of 21.95 million shares which valued at 412.95 million. In the end, Invesco Ltd. have 5.15% shares outstanding of Citizens Financial Group Inc. (CFG) on Mar 30, 2020. The insider ownership moved to 0.50% and institutional holding shifted to 98.10%.

The company posted an EPS (TTM) of 2.50. According to the most recent quarter report on (Sep 2020), 18 analysts estimated an average EPS of 0.61, while 0.97 EPS posted a year ago period. Analyst Estimated EPS for CFG published in the report was $0.33 – $0.84 during the same period. Comparing with last year, the average estimated EPS was 0.97 which is higher than 0.53 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CFG fall -19.39% for period of 200 days. SMA for 50 days was -4.07% which is showing red signal, while SMA-20 was -1.97%. The moving average value for Citizens Financial Group Inc. (CFG) is 26.02 and 24.80 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CFG stock. On May 07, HANKOWSKY WILLIAM P, Director, bought 165 trading shares at the cost of $21.25, which valued at 3506.0. On Apr 22, KOCH CHARLES JOHN, Director, bought 5,000 shares at the cost of $19.76, with total shares of 93,924. On Apr 21, KOCH CHARLES JOHN, Director, bought 20,000 shares at the cost of 19.47. After this transaction, KOCH CHARLES JOHN total shares reached to 88,924 which valued at 0.39 million.