PNC Financial Services Group Inc (NYSE: PNC) on Tuesday, soared 1.53% from the previous trading day, before settling in for the closing price of $185.95. Within the past 52 weeks, PNC’s price has moved between $118.56 and $196.64.
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Financial Sector giant saw their annual sales surged by 11.77% over the last five years. The company achieved an average annual earnings per share of 3.45%. With a float of $395.38 million, this company’s outstanding shares have now reached $398.03 million.
The firm has a total of 54813 workers. Let’s measure their productivity. In terms of profitability, gross margin is 89.11%, operating margin of 4.36%, and the pretax margin is 23.43%.
PNC Financial Services Group Inc (PNC) Insider Activity
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 84.33%. The most recent insider transaction that took place on Nov 01 ’24, was worth 235,359. In this transaction CEO of this company sold 1,242 shares at a rate of $189.50, taking the stock ownership to the 543,523 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 1,242 for $189.50, making the entire transaction worth $235,359.
PNC Financial Services Group Inc (PNC) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.16 earnings per share (EPS) for the period topping the consensus outlook (set at 2.94) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.45% 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
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 2.25. Likewise, its price to free cash flow for the trailing twelve months is 6.63.
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 15.01 in one year’s time.
Technical Analysis of PNC Financial Services Group Inc (PNC)
Analysing the last 5-days average volume posted by the [PNC Financial Services Group Inc, PNC], we can find that recorded value of 1.67 million was lower than the volume posted last year of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 33.02%. Additionally, its Average True Range was 3.78.
During the past 100 days, PNC Financial Services Group Inc’s (PNC) raw stochastic average was set at 83.53%, which indicates a significant increase from 54.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.92% in the past 14 days, which was lower than the 22.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $184.15, while its 200-day Moving Average is $164.46. Now, the first resistance to watch is $189.87. This is followed by the second major resistance level at $190.95. The third major resistance level sits at $193.03. If the price goes on to break the first support level at $186.71, it is likely to go to the next support level at $184.63. Should the price break the second support level, the third support level stands at $183.55.
PNC Financial Services Group Inc (NYSE: PNC) Key Stats
Market capitalization of the company is 74.91 billion based on 397,496K outstanding shares. Right now, sales total 31,882 M and income totals 5,578 M. The company made 8,844 M in profit during its latest quarter, and 1,490 M in sales during its previous quarter.