Valley National Bancorp (VLY) Volatile Stock to Watch?

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The stock for Valley National Bancorp (NASDAQ:VLY) has experienced serious volatility, looking back at Wednesday’s stock price fluctuations, increases in value may be coming. Stock increased 0.19 points, a 1.96 (%) change, now priced $9.87 with a heavy trading day between 3.282 million shares. Trading started priced $9.69, and stock prices went to $9.89 and low prices of $9.62; market cap is at $3.17 billion USD with 321.54 million outstanding stocks. Valley National Bancorp (VLY) share price decreased -2.18 (%) in last 3 consecutive weeks.

VLY share price trailing 3-Y Beta is 1.15, making a possible higher RoR yet also presenting more risk. Profit to share is at $0.69 over last 12 months. Shares increased 11.15 (%) (YTD) for a decline of -14.47 (%) over the last twelve months. Stock prices are -26.21 (%) from year high of $13.38 and 17.22 with the 52 Week lowest stock price at $8.42. Overall the stocks consensus estimates are 0 – out of 5, stock experts rate these shares a buy.

Valley National Bancorp (VLY) could see increases of 15.5 (%) within the next year to $13price as 12-month high target. For a 31.71 (%) increase compared to the stocks current price. The 12-month median targeted valuation forecaste price by stock experts is $11.5, possible return at 16.51 (%) as share prices closed at $9.87 on Wednesday, January 09. The bottom estimated targeted valuation for shares are $10 an increase upwards of 1.32 (%) than VLY’s stock price today.

Stocks for Valley National Bancorp decreased due to 21 earnings reactions and increasing 0.02 (%) on earnings reports.

In Valley National Bancorp (NASDAQ:VLY) we see trading started at 12/14/2018. Larusso Michael L decided to sell 3.1 thousand of this stock priced $9.32. For a value of $28.89 thousand. Following the transaction, the Director was at 30.98 thousand of this stock. Share price increased 5.9 (%) post-sale. Then at 11/13/2018, Korde Gerald, Director, sold 3 thousand of this stock at a share price of $10.03. Taking out 30.09 thousand of this stock from the directors portfolio and shares hit a -1.6 (%) fall in price. 1.67 million stocks remain in the insiders stock portfolio.

On 07/31/2018, Senior EVice President & General Counsel Janis Ronald H. bought stock valuing $116.4 thousand. Stocks were priced $11.64 each and totalled 10 thousand of this stock into the insider’s portfolio position. Then shares made a -15.21 (%) drop. They now have 48.08 thousand of this stock left in their portfolio. Korde Gerald, director, sold 5 thousand of this stock for $66.35 thousand. They sold on the 06/08/2018 at an averaged $13.27 share price. Stock prices then dropped -25.62 (%). Korde Gerald has now 1.67 million VLY shares in the company at $16.52 million following the sale.

The Company’s stock prices are at $9.7. With support at $9.52. Up to now VLY shares trade higher than this price, investors are OK for now. RSI went to 60.54 which is not good. If prices go to below $9.52 more sell-offs are forecaste. However if shares go to $9.97 then we could see trading at a $10.06 price.

Company stock of Valley National Bancorp (VLY) have Profit-Earnings Ratio at 15.04 (x) 12 month earnings reports. This market VLY is in has a median Profit-Earnings Ratio at 18.6. The Profit-Earnings Ratio dipped to 15.28X while rising to 23.29 in charts over last 5 years and is at 2.98 P/S ratio. Price-to-Sales ratio at 7.82.

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