U.S. Bancorp. (NYSE: USB) has a higher price-to-earnings ratio of 14.60x compared to its average ratio, The 36-month beta value for USB is at 1.05. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 21 as “hold,” and 2 as “sell.”
The public float for USB is 1.56B, and currently, shorts hold a 1.12% of that float. The average trading volume for USB on September 23, 2024 was 8.46M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
USB) stock’s latest price update
The stock of U.S. Bancorp. (NYSE: USB) has decreased by -0.99 when compared to last closing price of 46.47.Despite this, the company has seen a gain of 3.12% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-19 that U.S. Bancorp set to increase the share of income distributed to shareholders to around 75%. USB’s net interest income might be near an inflection point, as it grew by 0.9% q/q in Q2. Rate cuts could actually be a tailwind for net interest income in the short term.
USB’s Market Performance
USB’s stock has risen by 3.12% in the past week, with a monthly rise of 5.29% and a quarterly rise of 15.89%. The volatility ratio for the week is 1.92% while the volatility levels for the last 30 days are 2.21% for U.S. Bancorp. The simple moving average for the last 20 days is 1.36% for USB’s stock, with a simple moving average of 9.08% for the last 200 days.
Analysts’ Opinion of USB
Many brokerage firms have already submitted their reports for USB stocks, with JP Morgan repeating the rating for USB by listing it as a “Neutral.” The predicted price for USB in the upcoming period, according to JP Morgan is $43.50 based on the research report published on June 27, 2024 of the current year 2024.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see USB reach a price target of $45, previously predicting the price at $52. The rating they have provided for USB stocks is “Mkt Perform” according to the report published on April 18th, 2024.
HSBC Securities gave a rating of “Buy” to USB, setting the target price at $53 in the report published on March 28th of the current year.
USB Trading at 4.08% 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 -2.75% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +4.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.73% upper at present.
During the last 5 trading sessions, USB rose by +3.12%, which changed the moving average for the period of 200-days by +16.51% in comparison to the 20-day moving average, which settled at $45.48. In addition, U.S. Bancorp. saw 6.31% 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 Gillani Aleem, who purchase 10,000 shares at the price of $44.99 back on Jul 18 ’24. After this action, Gillani Aleem now owns 10,000 shares of U.S. Bancorp., valued at $449,900 using the latest closing price.
CHOSY JAMES L, the Senior EVP and General Counsel of U.S. Bancorp., sale 21,582 shares at $41.47 during a trade that took place back on Feb 16 ’24, which means that CHOSY JAMES L is holding 164,880 shares at $895,070 based on the most recent closing price.
Stock Fundamentals for USB
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 1.0 for the gross margin
The net margin for U.S. Bancorp. stands at 0.15. The total capital return value is set at 0.01. Equity return is now at value 9.61, with 0.77 for asset returns.
Based on U.S. Bancorp. (USB), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.23. The interest coverage ratio of the stock is 0.48.
Currently, EBITDA for the company is 7.85 billion with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 2.16. The receivables turnover for the company is 4.16for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.
Conclusion
In conclusion, U.S. Bancorp. (USB) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
