Valley National Bancorp (NYSE:VLY) last session’s volume of 1.62 million shares was lower than its average volume of 2.18 million shares. The stock, after opening at $11.54, hit $11.87 through the close by scoring 2.86%.Valley National Bancorp (VLY) Analyst Opinion
Valley National Bancorp has a consensus hold rating from 7 Wall Street analysts, and the number of shares currently sold short amount to at least 6.89% of shares outstanding. The stock sank -6.14% last month and is up 2.89 this year. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover VLY having a buy-equivalent rating. Analysts have placed a $12.5 price target on Valley National Bancorp, suggesting a 5.31% gain from recent close. It’s currently trading about -6.58% below its 52-week high.Valley National Bancorp Earnings Surprise
Valley National Bancorp (VLY) surprised the stock market in its last reported earnings when it earned $0.19 a piece versus the consensus-estimated $0.18. Its revenue totaled $185.4 million up 3.58% from the previous quarter. Expect increased sales in the current quarter as well. As per the consensus estimate, the company’s year-on-year revenue growth is expected to be at 9.34% during the period. Last year, it had about $169.6 million of revenue.
This stock (VLY) is ahead of its 52-week low with 44.07%. Its last month’s stock price volatility remained 2.12% which for the week stands at 2.1%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.48% and stays -1.09% away from its 50 days moving average. Over the last five days, shares have managed 2.15% gains and now is up 14.54% since hitting its 200-day moving average of $11.14. Valley National Bancorp (VLY) has made its way to a 12-month gain of 29.74%.
Turning to Planet Fitness, Inc. (NYSE:PLNT), its shares were trading at $19.47 a gain of $0.54, on the trading floor. The stock, after opening at $18.94, touched a high of $19.6 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 0. Planet Fitness, Inc. has 5 buy ratings, 1 holds and 0 sells even after the stock tumbled -12.02% from its high of $25.1 to a $1.76 billion market value through 3/30/2017.Planet Fitness, Inc. (PLNT) Consensus Price Target
The company’s consensus rating on Reuter’s scale improved from 1.5 to 1.67 during a month. Analysts set a 12-month price target of $0 a share. The target implies a -100% decrease from where the shares are currently trading. Also, the current price highlights a discount of -100% to analysts’ high consensus price target.Planet Fitness, Inc. (NYSE:PLNT) Intraday Trading
The counter witnessed a trading volume of 1.31 million shares versus an average volume of 0.97 million shares during last trading session. Its last month’s stock price volatility remained 2.58% which for the week approaches 2.65. The lowest price the stock reached on 3/30/2017 was $18.91 and compares with the $14.86 52-week low. The stock recovered 49.03% since its low point and has performed -3.13% year-to-date.