Cullen/Frost Bankers Inc (NYSE: CFR) has reported E.P.S. of $2.06 for its first fiscal quarter (ending March 31) versus $2.71 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $8.46 versus $10.05 for the same period a year ago.
Recent Price Action
Cullen/Frost Bankers Inc (NYSE: CFR) stock suffered a large decline of -5.2% on 4/25/24. The stock closed at $110.73. Moreover, this decline was accompanied by exceptionally high trading volume at 268% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.2% during the last week.
Current PriceTarget Research Rating
CFR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Cullen/Frost Bankers has a current Value Trend Rating of B (Positive). 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 61 and a good Power Rating of 74, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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