As on Wednesday, Truist Financial Corporation (NYSE: TFC) started slowly as it slid -3.77% to $37.50, before settling in for the price of $38.97 at the close. Taking a more long-term approach, TFC posted a 52-week range of $25.56-$39.29.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that the giant of the Financial sector posted annual sales growth of 22.97% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 416.90%. This publicly-traded company’s shares outstanding now amounts to $1.33 billion, simultaneously with a float of $1.33 billion. The organization now has a market capitalization sitting at $50.05 billion. At the time of writing, stock’s 50-day Moving Average stood at $36.61, while the 200-day Moving Average is $33.02.
Truist Financial Corporation (TFC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Banks – Regional industry. Truist Financial Corporation’s current insider ownership accounts for 0.32%, in contrast to 72.23% institutional ownership. According to the most recent insider trade that took place on Mar 07 ’24, this organization’s Director sold 3,764 shares at the rate of 37.48, making the entire transaction reach 141,084 in total value, affecting insider ownership by 16,132. Preceding that transaction, on Oct 20 ’23, Company’s Chairman & CEO bought 10,000 for 28.05, making the whole transaction’s value amount to 280,480. This particular insider is now the holder of 412,924 in total.
Truist Financial Corporation (TFC) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.91 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.89) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.
Truist Financial Corporation’s EPS increase for this current 12-month fiscal period is 416.90% and is forecasted to reach 3.86 in the upcoming year.
Truist Financial Corporation (NYSE: TFC) Trading Performance Indicators
Let’s observe the current performance indicators for Truist Financial Corporation (TFC). The Stock has managed to achieve an average true range (ATR) of 0.93. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.50. Similarly, its price to free cash flow for trailing twelve months is now 6.38.
In the same vein, TFC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.10, a figure that is expected to reach 0.78 in the next quarter, and analysts are predicting that it will be 3.86 at the market close of one year from today.
Technical Analysis of Truist Financial Corporation (TFC)
Through scrutinizing the latest numbers posted by the [Truist Financial Corporation, TFC], it can be observed that its last 5-days Average volume of 8.24 million was lower the volume of 9.68 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 58.83% While, its Average True Range was 0.94.
Raw Stochastic average of Truist Financial Corporation (TFC) in the period of the previous 100 days is set at 78.09%, which indicates a major rise in contrast to 21.15% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 27.59% that was higher than 27.27% volatility it exhibited in the past 100-days period.
