Is This Why Valley National Bancorp (VLY) Share Has Been Rising?

Valley National Bancorp (VLY) is owned by a number of high-value investors. Its largest direct holder is Jennifer W. Steans Director with 1,619,307 shares. The second-largest direct holder is Graham O. Jones Director, with 895,373 shares of the company’s stock. In third place with 270,272 shares of VLY is Alan D. Eskow Senior Executive Vice President and Senior Advisor.

Now turning to institutional ownership of Valley National Bancorp (VLY), BlackRock Fund Advisors is the top holder with 42.04 million shares. The next largest fund holder of this company’s stock is The Vanguard Group, Inc. with 30.56 million shares. In the third-place spot with 16.49 million shares is Dimensional Fund Advisors LP.

This company’s stock price was $10.76 at the previous market close, with its latest volume reaching 1023013. Compare that to its average daily volume of 1.55M. Given the fact that this stock has 327.65M shares outstanding, its current market value is sitting at $3.52B. This publicly-traded stock’s 60-month Beta is 1.25. Its Price to Sales ratio is 2.80, its Price to Cash Flow ratio is 7.74, and its Price to Book ratio is 1.08.

VLY stock has achieved a 5-day range of $10.41 to $10.90, with a total performance of +0.99% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $10.41 to $11.36, generating a +0.23% change during the period. In the past three months, this stock’s price has changed by -0.51%, trading in the range of $10.01 to $11.36.

In the past 5 days, shares of VLY have made a new high 3 times. In the last month, it has made a new high 4 times, and in the past 3 months, it has made a new high 10 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 0.23. This is a 0 difference compared to the consensus estimate of 0.23, amounting to an earnings surprise of 0.00%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.22, making for an earnings surprise of 0.00%. For the quarter ending 12/30/2018, EPS was reported at 0.21, generating a -4.50% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $261.43 million. This is compared to the prior year, where Net Income was $161.91 million. Meanwhile, this company’s Operating Cash Flow was $593.59 million for the year, compared to $619.23 million in 2017. Capital Expenditures for the year were reportedly -$26.44 million, compared to -$18.12 million, and Free Cash flow was $567.15 million compared to the prior year’s $601.11 million.

Valley National Bancorp (VLY) stock currently has a Financial Strength score of 2/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.1, an Equity to Asset ratio of 0.11, a Debt to Equity ratio of 1.3 and a Debt to EBITDA of 4.23. The Beneish M-Score is -2.31.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: a Net Margin of 31.25, a ROE of 9.59.

Shifting focus now to Valuation and Return for VLY, this company’s Price to Tangible Book is 1.67, and its Price to Median PS Value is 0.93. Price to Peter Lynch Fair Value for VLY is now 0.00, and this organization’s Price to Graham Number is 0.91.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for VLY is sitting at 0.00, while its Current Ratio is 0.00. This stock’s PB Ratio is 1.07, its PS Ratio is 3.32 and its PE Ratio without NRI is 11.1. Similarly, its Shiller PE Ratio is 14.7, its Price to Owner Earnings is 26.78, its Price to Free Cash Flow is 4.63 and its Price to Operating Cash Flow is 4.63.