Cullen/Frost Bankers Inc (NYSE: CFR) has reported E.P.S. of $2.21 for its second fiscal quarter (ending June 30) versus $2.47 for the same period a year ago — a decline of -11%. However, this performance was $0.14 better than the consensus estimate of $2.07. E.P.S. were $8.20 for the latest four quarters through June 30 versus $10.70 for the same period a year ago — a decline of -23%.
Recent Price Action
Cullen/Frost Bankers Inc (NYSE: CFR) stock closed at $117.71 on 7/25/24 after a large increase of 3.4%. Moreover, trading volume in this advance was exceptionally high at 323% of normal. The stock has risen 3.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CFR is expected to continue to be an important Value Builder.
Cullen/Frost Bankers has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cullen/Frost Bankers has a slightly positive Appreciation Score of 64 and a neutral Power Rating of 41, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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