Cullen/Frost Bankers, Inc. stock performance trend indicates that the stock price has rallied 3.59% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 27.38% . Looking at the past 52 week period, the stock price is up at 56.89% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cullen/Frost Bankers, Inc. has a positive value of 39.71 compared to overall market.Cullen/Frost Bankers, Inc. is having a Relative Strength Index of 51.41 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Cullen/Frost Bankers, Inc. (NYSE:CFR) rallied by 0.53% during the past week but lost 2.63% on a 4-week basis. The company has outperformed the S&P 500 by 0.29% in the past week but underperformed the index by 3.74% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Cullen/Frost Bankers, Inc. (NYSE:CFR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.08% at $91.64 with 1,723,621 shares getting traded. Post opening the session at $91.83, the shares hit an intraday low of $90.45 and an intraday high of $92.1095 and the price was in this range throughout the day. The company has a market cap of $5,842 million and the number of outstanding shares has been calculated to be 63,753,408 shares. The 52-week high of Cullen/Frost Bankers, Inc. (NYSE:CFR) is $96.62 and the 52-week low is $51.43.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 26, 2017 to Sector Perform, Raises Price Target to $ 93 from a previous price target of $86 .Cullen/Frost Bankers was Upgraded by JP Morgan to Neutral on Jan 5, 2017. Company shares were Reiterated by Maxim Group on Dec 19, 2016 to Buy, Raises Price Target to $ 95 from a previous price target of $85 .Cullen/Frost Bankers was Upgraded by SunTrust to Buy on Dec 19, 2016.
Company has reported several Insider transactions to the SEC, on Feb 24, 2017, Paul Olivier (Group Executive Vice President) sold 27,200 shares at 93.29 per share price.On Feb 24, 2017, Bobby Berman (Group Executive Vice President) sold 7,940 shares at 93.35 per share price.On Feb 21, 2017, Patrick B Frost (President of Frost Bank) sold 13,000 shares at 92.94 per share price.
Cullen/Frost Bankers Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $1.22. The company had revenue of $338.40 million for the quarter, compared to analysts expectations of $322.46 million. The companys revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.
Cullen/Frost Bankers Inc. is a financial holding company. Frost Bank operates financial centers across Texas in Arlington, Austin, Boerne, Corpus Christi, Dallas, Fort Worth, Galveston, Houston, McAllen, New Braunfels, San Antonio and San Marcos. The corporation provides a full range of commercial and consumer banking products, investment and brokerage services, insurance products and investment banking services. (Company Press Release)