U.S. Bancorp (NYSE:USB) went up by 0.46% from its latest closing price compared to the recent 1-year high of $63.57. The company’s stock price has collected 2.75% of gains in the last five trading sessions. The Wall Street Journal reported on 10/14/22 that Fed Approves U.S. Bancorp Acquisition of MUFG Union Bank
Is It Worth Investing in U.S. Bancorp (NYSE :USB) Right Now?
U.S. Bancorp (NYSE:USB) scored a price-to-earnings ratio above its average ratio, recording 10.52 x from its present earnings ratio. Plus, the 36-month beta value for USB is at 0.98. Opinions of the stock are interesting as 8 analysts out of 26 who provided ratings for U.S. Bancorp declared the stock was a “buy,” while 1 rated the stock as “overweight,” 16 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $52.59, which is $7.55 above the current price. USB currently public float of 1.48B and currently shorts hold a 0.79% ratio of that float. Today, the average trading volume of USB was 9.58M shares.
USB’s Market Performance
USB stocks went up by 2.75% for the week, with a monthly jump of 5.00% and a quarterly performance of -7.64%, while its annual performance rate touched -26.57%. The volatility ratio for the week stands at 1.16% while the volatility levels for the past 30 days are set at 1.97% for U.S. Bancorp. The simple moving average for the period of the last 20 days is 2.17% for USB stocks with a simple moving average of -9.05% for the last 200 days.
Analysts’ Opinion of USB
Many brokerage firms have already submitted their reports for USB stocks, with Wedbush repeating the rating for USB by listing it as a “Neutral.” The predicted price for USB in the upcoming period, according to Wedbush is $47 based on the research report published on September 28th of the current year 2022.
UBS gave a rating of “Neutral” to USB, setting the target price at $56 in the report published on April 08th of the current year.
USB Trading at 3.79% from the 50-Day Moving Average
After a stumble in the market that brought USB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.61% of loss for the given period.
Volatility was left at 1.97%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares surge +4.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.20% lower at present.
During the last 5 trading sessions, USB rose by +2.75%, which changed the moving average for the period of 200-days by -25.97% in comparison to the 20-day moving average, which settled at $43.26. In addition, U.S. Bancorp saw -21.47% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at USB starting from DOLAN TERRANCE R, who sale 15,000 shares at the price of $43.34 back on Nov 18. After this action, DOLAN TERRANCE R now owns 138,051 shares of U.S. Bancorp, valued at $650,100 using the latest closing price.
Welsh Timothy A, the Vice Chair of U.S. Bancorp, sale 19,000 shares at $43.91 during a trade that took place back on Nov 08, which means that Welsh Timothy A is holding 92,623 shares at $834,385 based on the most recent closing price.
Stock Fundamentals for USB
Current profitability levels for the company are sitting at:
- +44.84 for the present operating margin
The net margin for U.S. Bancorp stands at +34.96. Equity return is now at value 14.20, with 1.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.