On Friday, Wells Fargo & Co (NYSE: WFC) was 2.12% up from the session before settling in for the closing price of $72.80. A 52-week range for WFC has been $41.99 – $74.27.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 6.37%. When this article was written, the company’s average yearly earnings per share was at 9.39%. With a float of $3.32 billion, this company’s outstanding shares have now reached $3.60 billion.
Considering the fact that the conglomerate employs 226000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 86.68%, operating margin of 26.24%, and the pretax margin is 22.8%.
Wells Fargo & Co (WFC) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wells Fargo & Co stocks. The insider ownership of Wells Fargo & Co is 0.14%, while institutional ownership is 76.91%. The most recent insider transaction that took place on Oct 16 ’24, was worth 3,822,000. In this transaction Sr. Executive Vice President of this company sold 60,000 shares at a rate of $63.70, taking the stock ownership to the 163,610 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Director proposed sale 60,000 for $63.70, making the entire transaction worth $3,822,000.
Wells Fargo & Co (WFC) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.86 earnings per share (EPS) during the time that was less than consensus figure (set at 0.87) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.26% during the next five years compared to 2.48% growth over the previous five years of trading.
Wells Fargo & Co (NYSE: WFC) Trading Performance Indicators
You can see what Wells Fargo & Co (WFC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.96. Likewise, its price to free cash flow for the trailing twelve months is 6.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.81, a number that is poised to hit 1.33 in the next quarter and is forecasted to reach 5.53 in one year’s time.
Technical Analysis of Wells Fargo & Co (WFC)
Compared to the last year’s volume of 18.13 million, its volume of 17.26 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.96%. Additionally, its Average True Range was 1.82.
During the past 100 days, Wells Fargo & Co’s (WFC) raw stochastic average was set at 99.71%, which indicates a significant increase from 99.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.86% in the past 14 days, which was higher than the 36.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.17, while its 200-day Moving Average is $58.19. Nevertheless, the first resistance level for the watch stands at $74.87 in the near term. At $75.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $76.39. If the price goes on to break the first support level at $73.35, it is likely to go to the next support level at $72.36. Now, if the price goes above the second support level, the third support stands at $71.83.
Wells Fargo & Co (NYSE: WFC) Key Stats
There are 3,329,491K outstanding shares of the company, which has a market capitalization of 252.75 billion. As of now, sales total 115,340 M while income totals 19,142 M. Its latest quarter income was 31,674 M while its last quarter net income were 5,114 M.
