On Tuesday, Royal Bank Of Canada (NYSE: RY) opened higher 0.08% from the last session, before settling in for the closing price of $124.99. Price fluctuations for RY have ranged from $77.90 to $126.96 over the past 52 weeks.
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
Financial Sector giant saw their annual sales surged by 17.42% over the last five years. Company’s average yearly earnings per share was noted 5.80% at the time writing. With a float of $1.41 billion, this company’s outstanding shares have now reached $1.41 billion.
The firm has a total of 91398 workers. Let’s measure their productivity. In terms of profitability, gross margin is 100.0%, operating margin of 3.57%, and the pretax margin is 16.61%.
Royal Bank Of Canada (RY) Insider Activity
A key investor’s attitude towards the stock of the Banks – Diversified industry is another important factor to consider. The insider ownership of Royal Bank Of Canada is 0.01%, while institutional ownership is 48.24%.
Royal Bank Of Canada (RY) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 2.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.93) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.72% during the next five years compared to 3.64% growth over the previous five years of trading.
Royal Bank Of Canada (NYSE: RY) Trading Performance Indicators
Check out the current performance indicators for Royal Bank Of Canada (RY). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.84. Likewise, its price to free cash flow for the trailing twelve months is 194.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.27, a number that is poised to hit 2.20 in the next quarter and is forecasted to reach 9.41 in one year’s time.
Technical Analysis of Royal Bank Of Canada (RY)
Analysing the last 5-days average volume posted by the [Royal Bank Of Canada, RY], we can find that recorded value of 2.24 million was better than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 75.92%. Additionally, its Average True Range was 1.56.
During the past 100 days, Royal Bank Of Canada’s (RY) raw stochastic average was set at 92.39%, which indicates a significant increase from 71.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.33% in the past 14 days, which was lower than the 13.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.75, while its 200-day Moving Average is $107.12. Now, the first resistance to watch is $125.56. This is followed by the second major resistance level at $126.03. The third major resistance level sits at $126.74. If the price goes on to break the first support level at $124.37, it is likely to go to the next support level at $123.66. Should the price break the second support level, the third support level stands at $123.19.
Royal Bank Of Canada (NYSE: RY) Key Stats
There are currently 1,415,075K shares outstanding in the company with a market cap of 176.65 billion. Presently, the company’s annual sales total 87,479 M according to its annual income of 11,016 M. Last quarter, the company’s sales amounted to 25,115 M and its income totaled 3,273 M.
