On Tuesday, U.S. Bancorp (NYSE: USB) opened lower -0.55% from the last session, before settling in for the closing price of $51.04. Price fluctuations for USB have ranged from $33.61 to $51.76 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
A company in the Financial sector has jumped its sales by 11.37% annually for the last half of the decade. Company’s average yearly earnings per share was noted 17.54% at the time writing. With a float of $1.56 billion, this company’s outstanding shares have now reached $1.56 billion.
In an organization with 75465 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.0%, operating margin of 3.23%, and the pretax margin is 22.25%.
U.S. Bancorp (USB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of U.S. Bancorp is 0.21%, while institutional ownership is 78.42%. The most recent insider transaction that took place on Oct 18 ’24, was worth 1,225,750. In this transaction Vice Chair of this company sold 25,000 shares at a rate of $49.03, taking the stock ownership to the 129,790 shares. Before that another transaction happened on Oct 17 ’24, when Company’s Vice Chair sold 35,000 for $49.74, making the entire transaction worth $1,741,040. This insider now owns 136,076 shares in total.
U.S. Bancorp (USB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 17.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.01% during the next five years compared to -4.60% drop over the previous five years of trading.
U.S. Bancorp (NYSE: USB) Trading Performance Indicators
Check out the current performance indicators for U.S. Bancorp (USB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90. Likewise, its price to free cash flow for the trailing twelve months is 56.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.27, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 4.30 in one year’s time.
Technical Analysis of U.S. Bancorp (USB)
Let’s dig in a bit further. During the last 5-days, its volume was 10.3 million. That was better than the volume of 8.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.41%. Additionally, its Average True Range was 1.22.
During the past 100 days, U.S. Bancorp’s (USB) raw stochastic average was set at 92.24%, which indicates a significant increase from 78.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.94% in the past 14 days, which was higher than the 27.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.68, while its 200-day Moving Average is $43.08. However, in the short run, U.S. Bancorp’s stock first resistance to watch stands at $51.22. Second resistance stands at $51.68. The third major resistance level sits at $52.11. If the price goes on to break the first support level at $50.34, it is likely to go to the next support level at $49.91. The third support level lies at $49.45 if the price breaches the second support level.
U.S. Bancorp (NYSE: USB) Key Stats
There are currently 1,560,032K shares outstanding in the company with a market cap of 79.19 billion. Presently, the company’s annual sales total 40,624 M according to its annual income of 5,429 M. Last quarter, the company’s sales amounted to 10,784 M and its income totaled 1,714 M.
