Toronto Dominion Bank (TD) is -6.90% away from 50-day simple Moving Average despite all headwinds

Toronto Dominion Bank (NYSE: TD) kicked off on Monday, down -0.11% from the previous trading day, before settling in for the closing price of $56.34. Over the past 52 weeks, TD has traded in a range of $53.52-$65.12.

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Annual sales at Financial sector company grew by 15.31% over the past five years. While this was happening, its average annual earnings per share was recorded -2.16%. With a float of $1.74 billion, this company’s outstanding shares have now reached $1.79 billion.

In terms of profitability, gross margin is 100.0%, operating margin of 3.9%, and the pretax margin is 9.84%.

Toronto Dominion Bank (TD) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Banks – Diversified Industry. The insider ownership of Toronto Dominion Bank is 0.18%, while institutional ownership is 53.31%.

Toronto Dominion Bank (TD) Latest Financial update

In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 1.35 earnings per share (EPS), lower than consensus estimate (set at 1.4) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.45 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.74% during the next five years compared to -2.32% drop over the previous five years of trading.

Toronto Dominion Bank (NYSE: TD) Trading Performance Indicators

Take a look at Toronto Dominion Bank’s (TD) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.13, a number that is poised to hit 1.33 in the next quarter and is forecasted to reach 5.84 in one year’s time.

Technical Analysis of Toronto Dominion Bank (TD)

Toronto Dominion Bank (NYSE: TD) saw its 5-day average volume 2.47 million, a negative change from its year-to-date volume of 2.81 million. As of the previous 9 days, the stock’s Stochastic %D was 41.48%. Additionally, its Average True Range was 0.98.

During the past 100 days, Toronto Dominion Bank’s (TD) raw stochastic average was set at 24.23%, which indicates a significant increase from 4.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.07% in the past 14 days, which was higher than the 19.41% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $60.45, while its 200-day Moving Average is $58.56. Nevertheless, the first resistance level for the watch stands at $56.49 in the near term. At $56.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.92. If the price goes on to break the first support level at $56.06, it is likely to go to the next support level at $55.83. The third support level lies at $55.63 if the price breaches the second support level.

Toronto Dominion Bank (NYSE: TD) Key Stats

The company with the Market Capitalisation of 98.37 billion has total of 1,747,364K Shares Outstanding. Its annual sales at the moment are 75,046 M in contrast with the sum of 7,994 M annual income. Company’s last quarter sales were recorded 22,200 M and last quarter income was -132,170 K.