For its fourth fiscal quarter (ending December 31), Citizens Financial Group Inc (NYSE: CFG) has reported a -73% decline in E.P.S. from $1.26 a year ago to $0.34 in the current quarter. This performance was $-0.50 short of the consensus estimate of $0.84. For the latest four quarters through December 31, E.P.S. were $3.14 versus $4.12 for the same period a year ago — a decline of -24%.
Recent Price Action
Citizens Financial Group Inc (NYSE: CFG) stock increased 1.7% on 1/17/24. The shares closed at $31.73. Moreover, trading volume in this advance was unusually high at 172% of normal. Relative to the market the stock has been strong over the last nine months but has declined -5.6% during the last week.
Current PriceTarget Research Rating
CFG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Citizens Financial Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Citizens Financial Group has a slightly positive Power Rating of 68 and a very high Appreciation Score of 95, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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