Citizens Financial Group Inc (NYSE: CFG) has reported earnings for its third fiscal quarter (ending September 30) of $0.77 versus $0.85 for the same period a year ago — a decline of -9%. This performance was $-0.02 short of the consensus estimate of $0.79. For the latest four quarters through September 30, E.P.S. were $2.55 compared to $4.05 a year ago — a decline of -37%.
Recent Price Action
Citizens Financial Group Inc (NYSE: CFG) stock closed at $42.41 on 10/16/24 after a decline of -2.5%. Moreover, trading volume in this decline was exceptionally high at 227% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CFG is expected to continue to be a Value Builder.
Citizens Financial Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Citizens Financial Group has a good Appreciation Score of 85 and a very high Power Rating of 89, 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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