Returns Breakdown
| Return on Assets | 0.0114 | |
| Return on Equity | 0.14 | |
| Return Capital | 0.0154 | |
| Return on Sales | 0.33 |
Is there a reason to sell CNB (USA Stocks:CCNE) and exit EngageSmart LLC?
 | By Aina Ster | Macroaxis Story |
CNB Financial (CCNE) recently experienced a temporary 2% pullback, presenting a potential buying opportunity for investors. The stock, which is part of the Banks-Regional industry, has a 200 Day Moving Average of 21.715 and a 50 Day Moving Average of 17.7576. Despite the recent dip, the analyst overall consensus for CCNE is a 'Buy', with an estimated Wall Street target price of $23 and an estimated real value of $20.74. The company has a strong financial footing with a Payout Ratio of 0.2201 and a PE Ratio of 5.7333. Additionally, CNB Financial's EPS estimate for the current year stands at $2.4, with an expected increase to $2.42 next year. The company's beta of 0.8388 indicates less volatility compared to the market. Despite the short-term pullback, the company's strong fundamentals and positive analyst consensus suggest that this could be an opportune time to invest. As of the latest update on July 15, 2023, there were 176.9K shares short, up from 168.8K the prior month, representing a short percent of 0.0087 and a short ratio of 2.48. This data suggests that there is a moderate level of short interest in CCNE, but not enough to cause significant concern for potential investors. With a 52-week high of 27.6287 and a low of 16.3128, CNB Financial's recent dip could be a strategic entry point for investors. The projected Cash and Equivalents Turnover for CNB Financial is expected to slightly decrease, based on the reporting trends of the past few years. The Cash and Equivalents Turnover for the previous year stood at 0.59. The current year's Revenue to Assets ratio is anticipated to grow to 0.05, while the Revenue Per Employee is predicted to decrease to approximately $282.1K. The primary aim of this article is to provide our perspective on CNB Financial for August. We will project the value of CNB Financial for the benefit of its shareholders.
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Reviewed by Gabriel Shpitalnik
CNB Financial (CCNE) experienced a 2% dip in its stock price, closing at $18.06, down from its open price of $18.45. This temporary pullback presents a potential buying opportunity for investors, given the company's robust fundamentals. CNB Financial's 52-week high stands at $27.63, indicating a potential upside of over 50% from its current price. Moreover, Wall Street analysts have set a target price of $23, suggesting a further 27% upside. The company's risk-adjusted performance is positive at 0.0171, indicating that the company has been generating sufficient returns for the risks it has taken on. Despite the short-term pullback, the company's strong EPS estimates for the current year and next quarter at $2.4 and $0.69 respectively, further strengthen the investment case for CNB Financial.
Further analysis
CNB Financial is currently undervalued at $20.74 per share, with modest growth projections on the horizon. Approximately 56.0% of CNB Financial's shares are held by institutions such as insurance companies. The term 'insider ownership' in the context of CNB Financial refers to the portion of CNB Financial equity owned by its officers, directors, leadership team relatives, or anyone privy to non-public information. For our latest analysis of CNB, including its current ownership diagnostics, please refer to the ownership allocation details.There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as CNB Financial. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for CNB Financial
How important is CNB Financial's Liquidity
CNB Financial financial leverage refers to using borrowed capital as a funding source to finance CNB Financial ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. CNB Financial financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to CNB Financial's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of CNB Financial's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between CNB Financial's total debt and its cash.
CNB Financial Gross Profit
CNB Financial Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing CNB Financial previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show CNB Financial Gross Profit growth over the last 10 years. Please check CNB Financial's gross profit and other fundamental indicators for more details.
Breaking it down a bit more
CNB Financial currently demonstrates below-average downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of -0.03. However, we advise investors to further question CNB Financial expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CNB Financial's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CNB Financial's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
CNB Financial (CCNE), a prominent player in the Banks-Regional industry, experienced a temporary pullback with a 2% dip. This opens up a potential buying opportunity, especially considering its strong fundamentals.With a market capitalization of $379.11M and a net asset of $5.48B, CNB Financial has a strong financial backbone. It has a PE Ratio of 5.7333, which is considerably lower than the industry average, indicating undervaluation. The company's 52-week high and low stand at $27.63 and $16.31 respectively, and with a current Wall Street target price of $23, there is a potential upside. CNB Financial also has a robust operating margin of 0.38%, and a healthy payout ratio of 0.2201, which is sustainable in the long run. The company's net income stands at $63.19M with a profit margin of 0.29%, indicating effective cost management. Furthermore, CNB Financial has a low beta of 0.84, suggesting less volatility compared to the market. However, investors should note the company's probability of bankruptcy standing at 42.89%, which calls for careful risk assessment. In conclusion, despite the temporary dip, CNB Financial's fundamentals remain strong, making it a potential buy for long-term investors. As always, investors are advised to do their due diligence before making any investment decisions. .
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