In the past week, USB stock has gone down by -2.72%, with a monthly decline of -6.93% and a quarterly plunge of -3.71%. The volatility ratio for the week is 2.91%, and the volatility levels for the last 30 days are 2.24% for U.S. Bancorp. The simple moving average for the last 20 days is -5.34% for USB’s stock, with a simple moving average of 4.67% for the last 200 days.
Is It Worth Investing in U.S. Bancorp. (NYSE: USB) Right Now?
The price-to-earnings ratio for U.S. Bancorp. (NYSE: USB) is 13.42x, which is above its average ratio. Moreover, the 36-month beta value for USB is 1.07. 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 1.51% of that float. On April 22, 2024, USB’s average trading volume was 8.66M shares.
USB) stock’s latest price update
U.S. Bancorp. (NYSE: USB) has experienced a rise in its stock price by 2.56 compared to its previous closing price of 39.44. However, the company has seen a fall of -2.72% in its stock price over the last five trading days. PYMNTS reported 2024-04-17 that U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit quality has remained strong. Credit card loans in the quarter were $28 billion, adding more than 9% year over year, the parent company of U.S. Bank said Wednesday (April 17).
Analysts’ Opinion of USB
Many brokerage firms have already submitted their reports for USB stocks, with Keefe Bruyette repeating the rating for USB by listing it as a “Mkt Perform.” The predicted price for USB in the upcoming period, according to Keefe Bruyette is $45 based on the research report published on April 18, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see USB reach a price target of $53, previously predicting the price at $47. The rating they have provided for USB stocks is “Buy” according to the report published on March 28th, 2024.
Compass Point gave a rating of “Buy” to USB, setting the target price at $49 in the report published on March 22nd of the current year.
USB Trading at -4.13% 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 -11.78% of loss for the given period.
Volatility was left at 2.24%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares sank -9.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.35% upper at present.
During the last 5 trading sessions, USB fell by -2.72%, which changed the moving average for the period of 200-days by +20.64% in comparison to the 20-day moving average, which settled at $42.53. In addition, U.S. Bancorp. saw -6.54% in overturn over a single year, with a tendency to cut further losses.
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:
- 0.25 for the present operating margin
- 1.0 for the gross margin
The net margin for U.S. Bancorp. stands at 0.16. The total capital return value is set at 0.01. Equity return is now at value 9.27, with 0.74 for asset returns.
Based on U.S. Bancorp. (USB), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.26. The interest coverage ratio of the stock is 0.7.
Currently, EBITDA for the company is 7.85 billion with net debt to EBITDA at 17.26. When we switch over and look at the enterprise to sales, we see a ratio of 6.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
Conclusion
To wrap up, the performance of U.S. Bancorp. (USB) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
