Truist Financial Corporation (NYSE:TFC) went down by -0.20% from its latest closing price compared to the recent 1-year high of $61.26. The company’s stock price has collected 2.55% of gains in the last five trading sessions. Press Release reported on 04/29/21 that Truist to redeem all $465 million of its 5.625% Series H Non-Cumulative Perpetual Preferred Stock, represented by Depositary Shares
Is It Worth Investing in Truist Financial Corporation (NYSE :TFC) Right Now?
Truist Financial Corporation (NYSE:TFC) scored a price-to-earnings ratio above its average ratio, recording 17.75 x from its present earnings ratio. Plus, the 36-month beta value for TFC is at 1.34. Opinions of the stock are interesting as 11 analysts out of 24 who provided ratings for Truist Financial Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 12 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $64.63, which is $5.52 above the current price. TFC currently public float of 1.34B and currently shorts hold a 0.76% ratio of that float. Today, the average trading volume of TFC was 5.90M shares.
TFC’s Market Performance
TFC stocks went up by 2.55% for the week, with a monthly jump of 0.24% and a quarterly performance of 22.34%, while its annual performance rate touched 67.01%. The volatility ratio for the week stands at 1.54% while the volatility levels for the past 30 days are set at 2.09% for Truist Financial Corporation. The simple moving average for the period of the last 20 days is 1.31% for TFC stocks with a simple moving average of 24.31% for the last 200 days.
Analysts’ Opinion of TFC
Many brokerage firms have already submitted their reports for TFC stocks, with Robert W. Baird repeating the rating for TFC by listing it as a “Neutral.” The predicted price for TFC in the upcoming period, according to Robert W. Baird is $53 based on the research report published on January 07th of the current year 2021.
Jefferies, on the other hand, stated in their research note that they expect to see TFC reach a price target of $55, previously predicting the price at $48. The rating they have provided for TFC stocks is “Hold” according to the report published on January 07th, 2021.
Keefe Bruyette gave a rating of “Mkt Perform” to TFC, setting the target price at $50 in the report published on November 19th of the previous year.
TFC Trading at 1.33% from the 50-Day Moving Average
After a stumble in the market that brought TFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.38% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares surge +0.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.80% upper at present.
During the last 5 trading sessions, TFC rose by +2.55%, which changed the moving average for the period of 200-days by +59.03% in comparison to the 20-day moving average, which settled at $58.43. In addition, Truist Financial Corporation saw 23.49% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TFC starting from Thompson Joseph M, who sale 5,265 shares at the price of $58.20 back on Apr 26. After this action, Thompson Joseph M now owns 37,741 shares of Truist Financial Corporation, valued at $306,434 using the latest closing price.
Thompson Thomas Nichols, the Director of Truist Financial Corporation, sale 430 shares at $56.93 during a trade that took place back on Apr 20, which means that Thompson Thomas Nichols is holding 2,585 shares at $24,480 based on the most recent closing price.
Stock Fundamentals for TFC
Current profitability levels for the company are sitting at:
- +27.20 for the present operating margin
The net margin for Truist Financial Corporation stands at +18.56. The total capital return value is set at 5.32, while invested capital returns managed to touch 4.28. Equity return is now at value 5.90, with 0.70 for asset returns.
Based on Truist Financial Corporation (TFC), the company’s capital structure generated 67.20 points at debt to equity in total, while total debt to capital is 40.19. Total debt to assets is 9.28, with long-term debt to equity ratio resting at 56.98. Finally, the long-term debt to capital ratio is 30.20.
When we switch over and look at the enterprise to sales, we see a ratio of 4.80, with the company’s debt to enterprise value settled at 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.26.