Toronto Dominion Bank (TD) recent activity suggests a positive outlook with the last week’s performance of -0.55%

On Tuesday, Toronto Dominion Bank (NYSE: TD) was -0.78% drop from the session before settling in for the closing price of $56.27. A 52-week range for TD has been $53.52 – $65.12.

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Annual sales at Financial sector company grew by 17.20% over the past five years. When this article was written, the company’s average yearly earnings per share was at -3.14%. 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 118.67%, operating margin of 4.41%, and the pretax margin is 11.89%.

Toronto Dominion Bank (TD) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Toronto Dominion Bank stocks. The insider ownership of Toronto Dominion Bank is 0.18%, while institutional ownership is 55.37%.

Toronto Dominion Bank (TD) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted 1.83 earnings per share (EPS) during the time that was less than consensus figure (set at 1.84) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.14% 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

You can see what Toronto Dominion Bank (TD) 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 1.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.13, a number that is poised to hit 1.32 in the next quarter and is forecasted to reach 5.75 in one year’s time.

Technical Analysis of Toronto Dominion Bank (TD)

Toronto Dominion Bank (NYSE: TD) saw its 5-day average volume 1.68 million, a negative change from its year-to-date volume of 2.75 million. As of the previous 9 days, the stock’s Stochastic %D was 30.77%. Additionally, its Average True Range was 0.81.

During the past 100 days, Toronto Dominion Bank’s (TD) raw stochastic average was set at 15.53%, which indicates a significant decrease from 44.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.61% in the past 14 days, which was lower than the 19.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $59.25, while its 200-day Moving Average is $58.20. Nevertheless, the first resistance level for the watch stands at $56.03 in the near term. At $56.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.50. If the price goes on to break the first support level at $55.56, it is likely to go to the next support level at $55.30. The third support level lies at $55.09 if the price breaches the second support level.

Toronto Dominion Bank (NYSE: TD) Key Stats

There are 1,750,272K outstanding shares of the company, which has a market capitalization of 136.30 billion. As of now, sales total 75,046 M while income totals 7,994 M. Its latest quarter income was 22,200 M while its last quarter net income were -132,170 K.