PNC Financial Services Group Inc (NYSE: PNC) on Tuesday, soared 1.73% from the previous trading day, before settling in for the closing price of $156.14. Within the past 52 weeks, PNC’s price has moved between $109.40 and $162.24.
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Annual sales at Financial sector company grew by 11.77% over the past five years. The company achieved an average annual earnings per share of -1.43%. With a float of $396.29 million, this company’s outstanding shares have now reached $398.03 million.
Let’s look at the performance matrix of the company that is accounted for 54813 employees.
PNC Financial Services Group Inc (PNC) Insider and Institutional Ownership
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of PNC Financial Services Group Inc is 0.41%, while institutional ownership is 84.81%. The most recent insider transaction that took place on Jun 28 ’24, was worth 98,124. In this transaction CEO of this company sold 641 shares at a rate of $153.08, taking the stock ownership to the 567,682 shares. Before that another transaction happened on Jun 21 ’24, when Company’s CEO sold 641 for $153.19, making the entire transaction worth $98,195. This insider now owns 568,323 shares in total.
PNC Financial Services Group Inc (PNC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -1.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.82% during the next five years compared to 3.61% growth over the previous five years of trading.
PNC Financial Services Group Inc (NYSE: PNC) Trading Performance Indicators
PNC Financial Services Group Inc (PNC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95. Likewise, its price to free cash flow for the trailing twelve months is 6.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.90, a number that is poised to hit 2.97 in the next quarter and is forecasted to reach 14.41 in one year’s time.
Technical Analysis of PNC Financial Services Group Inc (PNC)
PNC Financial Services Group Inc (NYSE: PNC) saw its 5-day average volume 1.69 million, a negative change from its year-to-date volume of 1.89 million. As of the previous 9 days, the stock’s Stochastic %D was 86.02%. Additionally, its Average True Range was 2.94.
During the past 100 days, PNC Financial Services Group Inc’s (PNC) raw stochastic average was set at 84.92%, which indicates a significant decrease from 99.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.57% in the past 14 days, which was lower than the 22.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $155.30, while its 200-day Moving Average is $143.92. Nevertheless, the first resistance level for the watch stands at $160.01 in the near term. At $161.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $163.46. If the price goes on to break the first support level at $156.56, it is likely to go to the next support level at $154.28. The third support level lies at $153.11 if the price breaches the second support level.
PNC Financial Services Group Inc (NYSE: PNC) Key Stats
Market capitalization of the company is 63.20 billion based on 397,907K outstanding shares. Right now, sales total 31,882 M and income totals 5,578 M. The company made 8,381 M in profit during its latest quarter, and 1,330 M in sales during its previous quarter.
