Headlines about CVB Financial (NASDAQ:CVBF) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CVB Financial earned a news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.2129690094341 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
CVB Financial (CVBF) opened at $23.87 on Friday. The stock has a market capitalization of $2,650.00, a PE ratio of 23.09, a PEG ratio of 2.38 and a beta of 1.50. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.02. CVB Financial has a fifty-two week low of $19.58 and a fifty-two week high of $25.49.
CVB Financial (NASDAQ:CVBF) last issued its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.27. The business had revenue of $81.78 million during the quarter, compared to analysts’ expectations of $81.78 million. CVB Financial had a return on equity of 10.89% and a net margin of 35.60%. During the same quarter in the previous year, the firm posted $0.23 EPS. sell-side analysts expect that CVB Financial will post 1.06 earnings per share for the current year.
Several research analysts recently weighed in on the company. Piper Jaffray Companies restated a “hold” rating and set a $23.00 target price on shares of CVB Financial in a research note on Friday, September 1st. Zacks Investment Research cut CVB Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, ValuEngine raised CVB Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. CVB Financial presently has an average rating of “Hold” and a consensus price target of $23.20.
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About CVB Financial
CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company’s administrative and other smaller operating departments are combined into the Other segment.
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