PNC Financial Services Group Inc (NYSE: PNC) kicked off on Monday, down -1.97% from the previous trading day, before settling in for the closing price of $189.38. Over the past 52 weeks, PNC has traded in a range of $109.40-$196.64.
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Annual sales at Financial sector company grew by 11.77% over the past five years. While this was happening, its average annual earnings per share was recorded 3.48%. With a float of $395.39 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. In terms of profitability, gross margin is 89.13%, operating margin of 4.35%, and the pretax margin is 6.33%.
PNC Financial Services Group Inc (PNC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of PNC Financial Services Group Inc is 0.40%, while institutional ownership is 84.19%. The most recent insider transaction that took place on Oct 18 ’24, was worth 236,688. In this transaction CEO of this company sold 1,242 shares at a rate of $190.57, taking the stock ownership to the 546,007 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Officer proposed sale 1,242 for $190.57, making the entire transaction worth $236,688.
PNC Financial Services Group Inc (PNC) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 3.16 earnings per share (EPS), higher than consensus estimate (set at 2.94) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.88% 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
Take a look at PNC Financial Services Group Inc’s (PNC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19. Likewise, its price to free cash flow for the trailing twelve months is 9.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.82, a number that is poised to hit 3.26 in the next quarter and is forecasted to reach 15.00 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 2.45 million, a positive change from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 46.23%. Additionally, its Average True Range was 4.02.
During the past 100 days, PNC Financial Services Group Inc’s (PNC) raw stochastic average was set at 77.35%, which indicates a significant increase from 44.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.05% in the past 14 days, which was lower than the 22.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $180.82, while its 200-day Moving Average is $162.47. Nevertheless, the first resistance level for the watch stands at $188.52 in the near term. At $191.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $192.98. If the price goes on to break the first support level at $184.05, it is likely to go to the next support level at $182.46. The third support level lies at $179.59 if the price breaches the second support level.
PNC Financial Services Group Inc (NYSE: PNC) Key Stats
The company with the Market Capitalisation of 73.70 billion has total of 397,907K Shares Outstanding. Its annual sales at the moment are 31,882 M in contrast with the sum of 5,578 M annual income. Company’s last quarter sales were recorded 8,677 M and last quarter income was 1,459 M.
