U.S. Bancorp. (NYSE: USB) has seen a rise in its stock price by 1.81 in relation to its previous close of 43.03. However, the company has experienced a -0.32% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-05 that Last year, the Federal Reserve and other regulators proposed changes to bank capital ratios. Banks and consumer advocacy groups have opposed the proposed changes.
Is It Worth Investing in U.S. Bancorp. (NYSE: USB) Right Now?
The price-to-earnings ratio for U.S. Bancorp. (NYSE: USB) is 13.36x, which is above its average ratio. Moreover, the 36-month beta value for USB is 1.05. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 21 as “hold,” and 2 as “sell.”
The public float for USB is 1.55B and currently, short sellers hold a 1.41% of that float. On April 08, 2024, USB’s average trading volume was 8.90M shares.
USB’s Market Performance
USB stock saw an increase of -0.32% in the past week, with a monthly gain of 1.08% and a quarterly increase of 0.00%. The volatility ratio for the week is 2.04%, and the volatility levels for the last 30 days are 2.06% for U.S. Bancorp. (USB). The simple moving average for the last 20 days is 1.17% for USB stock, with a simple moving average of 14.55% for the last 200 days.
Analysts’ Opinion of USB
Many brokerage firms have already submitted their reports for USB stocks, with HSBC Securities repeating the rating for USB by listing it as a “Buy.” The predicted price for USB in the upcoming period, according to HSBC Securities is $53 based on the research report published on March 28, 2024 of the current year 2024.
Compass Point, on the other hand, stated in their research note that they expect to see USB reach a price target of $49, previously predicting the price at $46. The rating they have provided for USB stocks is “Buy” according to the report published on March 22nd, 2024.
USB Trading at 3.81% 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 -4.45% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares surge +1.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.13% upper at present.
During the last 5 trading sessions, USB fell by -0.52%, which changed the moving average for the period of 200-days by +30.78% in comparison to the 20-day moving average, which settled at $43.33. In addition, U.S. Bancorp. saw 1.22% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at USB starting from CHOSY JAMES L, who sale 21,582 shares at the price of $41.47 back on Feb 16 ’24. After this action, CHOSY JAMES L now owns 164,880 shares of U.S. Bancorp., valued at $895,070 using the latest closing price.
CECERE ANDREW, the Chairman, President and CEO of U.S. Bancorp., sale 93,366 shares at $41.35 during a trade that took place back on Feb 15 ’24, which means that CECERE ANDREW is holding 1,081,432 shares at $3,860,871 based on the most recent closing price.
Stock Fundamentals for USB
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 1.0 for the gross margin
The net margin for U.S. Bancorp. stands at 0.19. The total capital return value is set at 0.02. Equity return is now at value 10.18, with 0.81 for asset returns.
Based on U.S. Bancorp. (USB), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 0.97.
Currently, EBITDA for the company is 7.85 billion with net debt to EBITDA at 0.13. When we switch over and look at the enterprise to sales, we see a ratio of 2.5. The receivables turnover for the company is 3.36for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.18.
Conclusion
To wrap up, the performance of U.S. Bancorp. (USB) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
