In the past week, TD stock has gone up by 2.76%, with a monthly gain of 2.52% and a quarterly surge of 4.66%. The volatility ratio for the week is 0.98%, and the volatility levels for the last 30 days are 1.46% for Toronto Dominion Bank The simple moving average for the past 20 days is 3.06% for TD’s stock, with a 1.18% simple moving average for the past 200 days.
Is It Worth Investing in Toronto Dominion Bank (NYSE: TD) Right Now?
The price-to-earnings ratio for Toronto Dominion Bank (NYSE: TD) is above average at 13.49x. The 36-month beta value for TD is also noteworthy at 0.80. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TD is 1.75B, and at present, short sellers hold a 0.74% of that float. The average trading volume of TD on August 21, 2024 was 2.41M shares.
TD) stock’s latest price update
Toronto Dominion Bank (NYSE: TD) has seen a rise in its stock price by 0.13 in relation to its previous close of 59.43. However, the company has experienced a 2.76% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-21 that Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
TD Trading at 5.27% 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 -8.61% of loss for the given period.
Volatility was left at 1.46%, however, over the last 30 days, the volatility rate increased by 0.98%, as shares surge +3.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.02% upper at present.
During the last 5 trading sessions, TD rose by +2.99%, which changed the moving average for the period of 200-days by +2.69% in comparison to the 20-day moving average, which settled at $57.85. In addition, Toronto Dominion Bank saw -7.91% 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:
- 0.09 for the present operating margin
- 1.0 for the gross margin
The net margin for Toronto Dominion Bank stands at 0.13. The total capital return value is set at 0.01. Equity return is now at value 9.96, with 0.58 for asset returns.
Based on Toronto Dominion Bank (TD), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 2.22. The interest coverage ratio of the stock is 0.17.
Currently, EBITDA for the company is 15.86 billion with net debt to EBITDA at 16.76. When we switch over and look at the enterprise to sales, we see a ratio of 3.51. The receivables turnover for the company is 1.52for 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 0.47.
Conclusion
In summary, Toronto Dominion Bank (TD) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
