U.S. Bancorp (NYSE: USB)’s stock price has plunge by -1.36relation to previous closing price of 47.84. Nevertheless, the company has seen a -2.88% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-10-30 that MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bancorp announces planned leadership, structural changes for payments business.
Is It Worth Investing in U.S. Bancorp (NYSE: USB) Right Now?
U.S. Bancorp (NYSE: USB) has a higher price-to-earnings ratio of 14.45x compared to its average ratio, The 36-month beta value for USB is at 1.04. 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.”
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The public float for USB is 1.56B, and currently, shorts hold a 1.18% of that float. The average trading volume for USB on November 05, 2024 was 7.75M shares.
USB’s Market Performance
The stock of U.S. Bancorp (USB) has seen a -2.88% decrease in the past week, with a 5.57% rise in the past month, and a 13.25% gain in the past quarter. The volatility ratio for the week is 1.77%, and the volatility levels for the past 30 days are at 2.00% for USB. The simple moving average for the last 20 days is -0.92% for USB stock, with a simple moving average of 10.12% for the last 200 days.
Analysts’ Opinion of USB
Many brokerage firms have already submitted their reports for USB stocks, with Deutsche Bank repeating the rating for USB by listing it as a “Hold.” The predicted price for USB in the upcoming period, according to Deutsche Bank is $51 based on the research report published on October 24, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see USB reach a price target of $57, previously predicting the price at $54. The rating they have provided for USB stocks is “Overweight” according to the report published on September 30th, 2024.
JP Morgan gave a rating of “Neutral” to USB, setting the target price at $43.50 in the report published on June 27th of the current year.
USB Trading at 2.08% 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 -6.50% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +6.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.97% upper at present.
During the last 5 trading sessions, USB fell by -2.88%, which changed the moving average for the period of 200-days by +12.33% in comparison to the 20-day moving average, which settled at $47.63. In addition, U.S. Bancorp saw 9.03% 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 Richard Jodi L, who sale 25,000 shares at the price of $49.03 back on Oct 18 ’24. After this action, Richard Jodi L now owns 129,790 shares of U.S. Bancorp, valued at $1,225,750 using the latest closing price.
Kotwal Shailesh M, the Vice Chair of U.S. Bancorp, sale 35,000 shares at $49.74 during a trade that took place back on Oct 17 ’24, which means that Kotwal Shailesh M is holding 136,076 shares at $1,741,040 based on the most recent closing price.
Stock Fundamentals for USB
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 1.0 for the gross margin
The net margin for U.S. Bancorp stands at 0.18. The total capital return value is set at 0.0. Equity return is now at value 9.75, with 0.81 for asset returns.
Based on U.S. Bancorp (USB), the company’s capital structure generated 0.57 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 1.33. The interest coverage ratio of the stock is 0.06.
Currently, EBITDA for the company is 7.85 billion with net debt to EBITDA at 1.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
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.
