For its third fiscal quarter (ending September 30), Cullen/Frost Bankers Inc (NYSE: CFR) has reported a -6% decline in E.P.S. from $2.38 a year ago to $2.24 in the current quarter. For the latest four quarters through September 30, E.P.S. were $8.07 compared to $10.48 a year ago — a decline of -23%.
Recent Price Action
Cullen/Frost Bankers Inc (NYSE: CFR) stock closed at $127.35 on 10/31/24 after a decline of -2.4%. Moreover, trading volume in this decline was exceptionally high at 249% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.5% during the last week.
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 highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cullen/Frost Bankers has a neutral Power Rating of 55 and a neutral Appreciation Score of 60, producing the Neutral Value Trend Rating.
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.
Be the first to comment