The price-to-earnings ratio for Toronto Dominion Bank (NYSE: TD) is 11.67x, which is above its average ratio. Moreover, the 36-month beta value for TD is 0.84. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for TD is 1.77B and currently, short sellers hold a 1.47% of that float. On May 06, 2024, TD’s average trading volume was 2.96M shares.
TD) stock’s latest price update
Toronto Dominion Bank (NYSE: TD) has seen a decline in its stock price by -5.89 in relation to its previous close of 58.08. However, the company has experienced a -7.95% decline in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-05 that Eli Lilly not only has an impressive track record for paying dividends but has also doubled its payouts in just five years. Coca-Cola has a dividend growth streak that spans 62 years.
TD’s Market Performance
TD’s stock has fallen by -7.95% in the past week, with a monthly drop of -8.63% and a quarterly drop of -9.29%. The volatility ratio for the week is 2.68% while the volatility levels for the last 30 days are 1.70% for Toronto Dominion Bank The simple moving average for the last 20 days is -6.10% for TD stock, with a simple moving average of -9.69% for the last 200 days.
TD Trading at -7.77% from the 50-Day Moving Average
After a stumble in the market that brought TD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.37% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares sank -7.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.93% lower at present.
During the last 5 trading sessions, TD fell by -7.95%, which changed the moving average for the period of 200-days by -16.36% in comparison to the 20-day moving average, which settled at $57.98. In addition, Toronto Dominion Bank saw -15.41% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TD
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 1.0 for the gross margin
The net margin for Toronto Dominion Bank stands at 0.17. The total capital return value is set at 0.03. Equity return is now at value 10.61, with 0.62 for asset returns.
Based on Toronto Dominion Bank (TD), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at -0.3. The debt to equity ratio resting at 1.97. The interest coverage ratio of the stock is 0.58.
Currently, EBITDA for the company is 15.86 billion with net debt to EBITDA at 5.73. When we switch over and look at the enterprise to sales, we see a ratio of 4.03. The receivables turnover for the company is 1.24for 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 0.46.
Conclusion
To wrap up, the performance of Toronto Dominion Bank (TD) has been bad in recent times. The stock has received a mixed 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.
