Analyst Buzz: Valley National Bancorp (VLY)


Valley National Bancorp (VLY) belonging to the Finance sector has surged 1.15% and closed its last trading session at $12.27.

The company reported its EPS on 01/25/2017. Currently, the stock has a 1 Year Price Target of $12.5.

The consensus recommendation, according to Zacks Investment research, is 3. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 3 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3 and 3 respectively.

Valley National Bancorp on 01/25/2017 reported its EPS as $0.19 with the analysts projecting the EPS of the stock as $0.18. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 5.6%.

Many analysts have provided their estimated foresights on Valley National Bancorp Earnings, with 7 analysts believing the company would generate an Average Estimate of $0.17.

Whereas they predicted High and Low Earnings Estimate as $0.17 and $0.16 respectively. While in the same Quarter Previous year, the Actual EPS was $0.14.

Analysts are also projecting an Average Revenue Estimate for Valley National Bancorp as $185.44 Million in the Current Quarter. This estimate is provided by 6 analysts.

The High Revenue estimate is predicted as 187 Million, while the Low Revenue Estimate prediction stands at 182.4 Million. The company’s last year sales total was 169.6 Million.

For the Current Quarter, the growth estimate for Valley National Bancorp is 21.4%, while for the Next Quarter the stock growth estimate is 13.3%.

In the past 5 years, the stock showed growth of -10.38% per annum. While for the next 5 years, the growth estimate is 5%.

The Company got Downgrade by Sandler O’Neill on 14-Nov-16 from Buy to Hold.

Insider Trades for Valley National Bancorp show that the latest trade was made on 27 Feb 2017 where Crocitto (Peter P), the Officer completed a transaction type “Sell” in which 6630 shares were traded at a price of $1246.

7 analysts projected Price Targets for Valley National Bancorp. The analysts believe that the company stock price could grow as high as $14. The Low Price target projection by analysts is $10.5 and the Mean Price Target is $12.5.

Valley National Bancorp (VLY) has the market capitalization of $3.26 Billion. The company rocked its 52-Week High of $12.82 on Mar 1, 2017 and touched its 52-Week Low of $8.49 on Jun 27, 2016.

The stock has Return on Assets (ROA) of 0.7 percent. Return on Equity (ROE) stands at 7.5% and Return on Investment (ROI) of 21.3 percent.

The stock is currently showing YTD performance of 6.36 Percent. The company has Beta Value of 0.87 and ATR value of 0.22. The Weekly and Monthly Volatility stands at 1.92% and 1.63%.