Citizens Financial Group, Inc. (CFG): 2 Different Insiders Have Sold Shares

At Citizens Financial Group, Inc. (NYSE:CFG), the ratio of insider selling to insider buying over a quarter is running at 0.16. Could this be a sign something is cheering insiders? CFG recorded 2 sales count on the open market in the last three months. They sold nearly 2,690 shares while purchases amounted to 17,286 shares that period. Looking even further back to 12 months, corporate insiders offloaded 85,690 shares when buyers snapped up 162,058 shares. The 12-month’s totals signify about a 0.53-to-1 sell/buy ratio.

Subramaniam Shivan S. gathered a total of 3 thousand shares of Citizens Financial Group, Inc. (CFG) at average share price of $35.32. This insider trade in the company took place on 11/21/2018. The total for the purchase was set at $105.96 thousand. After this transaction, the Director account balance stood at 38.96 thousand shares. The stock lost -7.62 percent since that insider purchase. On 10/23/2018, Koch Charles John, Director, purchased 14 thousand shares at a price per share of $36.32. This added 508.48 thousand shares to the insider’s fortune and the stock saw a -10.16 percent retreat in value since the news became public. This transaction left 49.94 thousand shares in the Director account.

On 06/05/2018, Controller Black Randall J performed a sale transaction worth $32.86 thousand. This sale at $41.49 each has eliminated 0.79 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -21.35 percent decrease since the transaction was reported. The insider now is left with 34.26 thousand shares remaining in the account. Watson Wendy A., who performs the Director job, sold 4 thousand shares for $161.24 thousand. The disposal occurred on 12/01/2017 was priced at $40.31 per share. The share price plunged -19.05 percent since the reporting date. Watson Wendy A. now left with a stake of 12.92 thousand CFG stock worth $421.48 thousand after the insider selling.

The 12-month median price target for Citizens Financial Group, Inc. (CFG) assigned by the analysts stands at $40, which represents a return potential of 22.59 percent when compared to the closing price of the stock of $32.63 on Friday, January 11. The lowest price target for the stock is $33 — slightly more than 1.13 percent from CFG’s current share price. The stock will probably climb 25.34 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $53-month high price target. This represents a whopping 62.43 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 55.42 on daily chart, which may remain a cause for concern. If the price breaks below $31.58 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $33.01 mark may result into a pull-back move towards $33.4 level. The stock is currently hovering around the first support level of $32.1. Below this, the next support is placed in the zone of $31.58. Till the time, the CFG stock trades above this level, bulls have nothing to fear.

Shares of Citizens Financial Group, Inc. (CFG) are trading at a P/E ratio of 15.99 times earnings reported for the past 12 months. The industry CFG operates in has an average P/E of 19.01. Its P/E ratio went as low as 16.03X and as high as 18.11 over the 5-year span. Further, it is sporting a 2.82 on the Price-to-Sales ratio. Compare this with the industry average P/S of 5.73. 0 percent is the gross profit margin for Citizens Financial Group, Inc. and operating margin sits at 74.7 percent. Along with this, the net profit margin is 34.6 percent.

On 11th of January, Citizens Financial Group, Inc. (NYSE:CFG) shares ended higher after a volatile session. The shares accumulated 0.39 points or 1.21 percent at $32.63 with a light trade volume of 5.791 million shares. After opening the session at $32.01, the shares went as high as $32.87 and as low as $31.96, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $15.5 billion and now has 475.96 million shares outstanding. Citizens Financial Group, Inc. (CFG) stock has gained 3 percent of market value in 21 trading days.

In last reported earnings results, CFG earned $0.91 per share, better than the $0.9, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $1.56B, in line with the $1.56B analysts expected. Earnings are estimated to increase by 31.9 percent this year, 9.57 percent next year and continue to increase by 16.36 percent annually for the next 5 years. Analysts are forecasting revenue to climb 9 percent to $1.6B in the next fiscal quarter, while earnings are seen soaring by nearly 32.39 percent to $0.94 per share. History has shown that shares in Citizens Financial Group, Inc. have gone up on 12 different earnings reaction days and are predicted to add 0.02 percent when the company reports upcoming earnings.

CFG stock has a trailing 3-year beta of 1.38, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $3.25 a share in the trailing twelve months. The stock’s value has surged 9.75 percent year to date (YTD) against a decline of -27.33 percent in 12 month’s time. The company’s shares still trade -32.35 percent away from its 1-year high of $48.23 and 18.14 percent up from 52-week low of $27.62. The average consensus rating on the company is 1.9, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.