Citizens Financial Group Inc. (CFG) Shares: Are They Risky Or Cheap?

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Citizens Financial Group Inc. (NYSE:CFG) finished Wednesday with a subtraction of -$0.32 to close at $36.49, a downside of -0.87 percent. An average of 4,839,200 shares of common stock have been traded in the last five days. There was a fall of -$0.41 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 3,973,595 shares traded, while the 50-day average volume stands at 3,932,634.

CFG stock has decreased by -4.23% in the last month. The company shares reached their 1-month lowest point of $35.31 on 09/07/22. With the stock rallying to its 52-week high on 01/18/22, shares of the company touched a low of $34.35 and a high of $57.00 in 52 weeks. It has reached a new high 10 times so far this year and lost -22.77% or -$10.76 in price. In spite of this, the price is down -35.98% from the 52-week high.


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Valuation Metrics

Citizens Financial Group Inc. (CFG) has a trailing price-to-earnings (P/E) ratio of 9.24. The stock’s beta is 1.36. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.51, the price-to-book (PB) ratio at 0.80, and the price-to-cash flow ratio at 15.16.

The company has a payout ratio of 39.30%. The company’s most recent quarterly dividend payment was $0.42 a share, representing a up of 7.69% from $0.39 last year. Its latest increase dividend $0.03 reported on Tuesday July 19 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.27 and a total debt to equity ratio of 0.45 for the quarter ending June 29. Its gross profit as reported stood at $4.51 billion compared to revenue of $4.85 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Citizens Financial Group Inc.’s return on assets was 0.90%.

Earnings Surprise

For the three-month period that ended June 29, Citizens Financial Group Inc. had $14.44 billion in total debt. The analyst consensus anticipated Citizens Financial Group Inc.’s latest quarter earnings to come in at $0.83 per share, but it turned out to be $0.67, a -19.30% surprise. At the end of the quarter ending June 29, Citizens Financial Group Inc.’s stock balance sheet showed total debt was $19.21 billion. Shareholders own equity worth $495.64 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Citizens Financial Group Inc. (CFG) price momentum. RSI 9-day as of the close on 21 September was 42.33%, suggesting the stock is Neutral, with historical volatility in this time frame at 34.67%.

As of today, CFG’s price is $37.03 -1.11% or -$0.41 from its 5-day moving average. CFG is currently trading -4.20% lower than its 20-day SMA and -9.45% lower than its 100-day SMA. However, the stock’s current price level is +1.19% above the SMA50 and -21.27% below the SMA200.

The stochastic %K and %D were 39.95% and 44.70%, respectively, and the average true range (ATR) was 1.13. With the 14-day stochastic at 30.41% and the average true range at 1.10, the RSI (14) stands at 44.41%. The stock has reached -0.56 on the 9-day MACD Oscillator while the 14-day reading was at -0.23.

Analyst Ratings

UBS upgraded Citizens Financial Group Inc. (NYSE: CFG) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Citizens Financial Group Inc. (CFG) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell CFG, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 13 others rate it as a “buy”.

What is CFG’s price target for the next 12 months?

Analysts predict a range of price targets between $33.00 and $55.00, with a median target of $45.00. Taking a look at these predictions, the average price target given by analysts for Citizens Financial Group Inc. (CFG) stock is $45.84.

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