Alert: Positive Investment/Fundamental Signals (12/4/23)-Cullen/Frost Bankers Inc (NYSE: CFR)


Cullen/Frost Bankers Inc (NYSE: CFR) has benefited from notable positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

Cullen/Frost Bankers Inc (NYSE: CFR) has benefited from notable positive changes in fundamentals: the consensus estimate for December, 2023 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed 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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Cullen/Frost Bankers has a neutral Appreciation Score of 52 and a neutral Power Rating of 42, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

Cullen/Frost Bankers Inc (NYSE: CFR) stock closed at $104.13 on 12/4/23 after an increase of 1.9%. However, trading volume in this advance was below average at 76% of normal. The stock has risen 5.2% during the last week and has performed in line with the market over the last nine months.

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