Stock To Watch: CVB Financial Corporation (NASDAQ:CVBF)


The leading market experts have placed a mean price target of $17.33 on CVB Financial Corporation (NASDAQ:CVBF) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.25 a share for the upcoming quarter and $0.94 for the current fiscal.

Technical View

The technical analysis of CVB Financial Corporation plainly substantiates that the 50-day moving average of CVB Financial Corporation is $17.02, and stock is trading $0.75 points away or +4.43% from its 50-day moving average of $17.02. Further it is trading $0.95 or +5.67% away its 200-day moving average of $16.82. CVB Financial Corporation (NASDAQ:CVBF) 52-week high is $18.77 and the 52-week low is $14.02.

This explains if the stock moves $-1.00, it will post a 52-week high. In event of +26.75% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of CVB Financial Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CVB Financial Corporation (NASDAQ:CVBF) ratio came in at 18.15.

The stock last ended the trading session at $17.77 and registered a market cap of $1.92B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CVB Financial Corporation (NASDAQ:CVBF) PEG ratio is at 1.89.

1 Chart Pattern Every Investor Should Know

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