U.S. Bancorp. (NYSE: USB) has seen a rise in its stock price by 3.18 in relation to its previous close of 44.94. However, the company has experienced a 3.74% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-11 that Beyond analysts’ top -and-bottom-line estimates for U.S. Bancorp (USB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Is It Worth Investing in U.S. Bancorp. (NYSE: USB) Right Now?
The price-to-earnings ratio for U.S. Bancorp. (NYSE: USB) is above average at 14.72x, Company’s 36-month beta value is 1.05.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 21 as “hold,” and 2 as “sell.”
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
The public float for USB is 1.56B, and currently, short sellers hold a 1.25% ratio of that floaft. The average trading volume of USB on October 11, 2024 was 8.04M shares.
USB’s Market Performance
USB’s stock has seen a 3.74% increase for the week, with a 5.75% rise in the past month and a 9.49% gain in the past quarter. The volatility ratio for the week is 1.62%, and the volatility levels for the past 30 days are at 2.01% for U.S. Bancorp. The simple moving average for the past 20 days is 2.78% for USB’s stock, with a 9.32% simple moving average for the past 200 days.
Analysts’ Opinion of USB
Many brokerage firms have already submitted their reports for USB stocks, with Morgan Stanley repeating the rating for USB by listing it as a “Overweight.” The predicted price for USB in the upcoming period, according to Morgan Stanley is $57 based on the research report published on September 30, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see USB reach a price target of $43.50. The rating they have provided for USB stocks is “Neutral” according to the report published on June 27th, 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to USB, setting the target price at $45 in the report published on April 18th of the current year.
USB Trading at 4.32% 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 -1.99% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares surge +3.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.44% upper at present.
During the last 5 trading sessions, USB rose by +3.53%, which changed the moving average for the period of 200-days by +5.01% in comparison to the 20-day moving average, which settled at $45.11. In addition, U.S. Bancorp. saw 7.14% 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 2.18. 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 a nutshell, U.S. Bancorp. (USB) has experienced a better performance in recent times. The stock has received mixed “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.
