City Holding Company (CHCO): CHCO moving down?

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City Holding Company (NASDAQ:CHCO) changes shares on Tuesday trading session, with a change of -0.54% or -$0.34 shares. The trading starts at $62.81 and closed at $62.54 throughout the day. The trading session low price was $61.40 and day high was $62.81 on Tuesday, August 04. After the session, the Financial sector daily volume shifted to 58499.0 while its average volume is 82.25K. In other hand, the CHCO market cap reached to $1.02B. While, its current target price is $65.20.

On April 19, 2018, BRIEF-City Holding Company Announces Q1 Earnings Per Share $1.13. According to the news reported on Reuters, * Q1 EARNINGS PER SHARE VIEW $1.06 — THOMSON REUTERS I/B/E/S

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 down -1.22% and down -1.75% for month. Its quarterly performance was -2.16% below, while its half year performance is down -19.63%. CHCO yearly performance stood at negative -15.37% and fall -24.10% for year-to-date. Current recommendation for City Holding Company is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CHCO EPS (TTM) for 12-month is 5.64. EPS for this year is 20.70%, while for the next year its value is 3.93. Sales growth for the current quarter is 1.38 while its EPS Q/Q reached 36.50%. It has an EPS of 9.90% up for past five years and for the next five years will be up 8.00%.

Let’s take a look on the analyst recommendations on CHCO for the current month and previous month. For the current month, 0 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 4 analysts participate in stock recommendation. Out of 4, 0 rated it sell, 0 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $57.00 – $70.00. Average target price for CHCO was reached at $64.20.

Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in City Holding Company (CHCO) stock. On Mar 30, 2020, Blackrock Inc. has 2.36 million shares which valued 156.91 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 1.73 million shares which valued at 115.01 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 0.64 million shares which valued at 42.45 million. In the end, Dimensional Fund Advisors LP have 3.95% shares outstanding of City Holding Company (CHCO) on Mar 30, 2020. The insider ownership moved to 1.20% and institutional holding shifted to 67.80%.

The company posted an EPS (TTM) of 5.64. According to the most recent quarter report on (Sep 2020), 4 analysts estimated an average EPS of 0.88, while 1.36 EPS posted a year ago period. Analyst Estimated EPS for CHCO published in the report was $0.62 – $1.08 during the same period. Comparing with last year, the average estimated EPS was 1.36 which is higher than 1.12 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 CHCO fall -12.29% for period of 200 days. SMA for 50 days was -1.68% which is showing red signal, while SMA-20 was -1.12%. The moving average value for City Holding Company (CHCO) is 66.37 and 62.93 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CHCO stock. On Jul 06, HYLTON TRACY W II, Director, bought 143 trading shares at the cost of $63.30, which valued at 9052.0. On Jul 06, FISHER ROBERT D, Director, bought 163 shares at the cost of $63.30, with total shares of 36,228. On May 28, STILWELL CRAIG G, EVP Retail Banking, sold 100 shares at the cost of 67.25. After this transaction, STILWELL CRAIG G total shares reached to 16,239 which valued at 6725.0.