CIT Group Valuation
Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time. CIT Group prevailing Real Value cannot be determined due to lack of data. The current price of CIT Group is $0.0. Our model approximates the value of CIT Group from reviewing the firm fundamentals such as return on equity of 11.98, and Profit Margin of 25.80 % as well as analyzing its technical indicators and probability of bankruptcy.
CIT Total Value Analysis
CIT Group is currently forecasted to have company total value of 7.13 B with market capitalization of 5.31 B, debt of 6.17 B, and cash on hands of 4.87 B. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the CIT fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
7.13 B | 5.31 B | 6.17 B | 4.87 B |
CIT Investor Information
About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.94. Some equities with similar Price to Book (P/B) outperform the market in the long run. CIT Group has Price/Earnings To Growth (PEG) ratio of 0.66. The entity recorded earning per share (EPS) of 6.88. The firm last dividend was issued on the 28th of October 2021. Based on the key indicators related to CIT's liquidity, profitability, solvency, and operating efficiency, CIT Group is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.CIT Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CIT has an asset utilization ratio of 4.11 percent. This implies that the Company is making $0.0411 for each dollar of assets. An increasing asset utilization means that CIT Group is more efficient with each dollar of assets it utilizes for everyday operations.CIT Ownership Allocation
CIT holds a total of 99.17 Million outstanding shares. The majority of CIT Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CIT Group to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in CIT. Please pay attention to any change in the institutional holdings of CIT Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.CIT Profitability Analysis
The company reported the last year's revenue of 2.77 B. Total Income to common stockholders was 684.7 M with profit before taxes, overhead, and interest of 1.62 B.CIT Growth Indicators
Investing in growth stocks can be very risky. If the company such as CIT does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Shares Percent Shares Out | 5.77% | |
| Earnings Quarterly Growth | 104.80% | |
| Trailing Annual Dividend Rate | 1.40 | |
| Revenue Growth | 17.40% | |
| Forward Price Earnings | 11.41 | |
| Float Shares | 98.17M | |
| Shares Short Prior Month | 5.13M | |
| Earnings Growth | 104.80% |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in CIT Stock
If you are still planning to invest in CIT Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CIT's history and understand the potential risks before investing.
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