Recent developments with Toronto Dominion Bank (TD) have led to the company’s beta value being reach 0.81 cents.

A new trading day began on Tuesday, with Toronto Dominion Bank (NYSE: TD) stock price up 0.07% from the previous day of trading, before settling in for the closing price of $55.84. TD’s price has ranged from $53.52 to $65.12 over the past 52 weeks.

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Annual sales at Financial sector company grew by 17.20% over the past five years. Meanwhile, its annual earnings per share averaged -3.84%. 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

As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Diversified Industry. The insider ownership of Toronto Dominion Bank is 0.18%, while institutional ownership is 55.37%.

Toronto Dominion Bank (TD) Latest Financial update

In its latest quarterly report, released on 7/31/2024, the company reported earnings of 1.83 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.34% 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

Here are Toronto Dominion Bank’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.13, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 5.69 in one year’s time.

Technical Analysis of Toronto Dominion Bank (TD)

Toronto Dominion Bank (NYSE: TD) saw its 5-day average volume 2.25 million, a negative change from its year-to-date volume of 2.74 million. As of the previous 9 days, the stock’s Stochastic %D was 56.67%. Additionally, its Average True Range was 0.84.

During the past 100 days, Toronto Dominion Bank’s (TD) raw stochastic average was set at 16.00%, which indicates a significant decrease from 43.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.67% in the past 14 days, which was lower than the 19.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $58.61, while its 200-day Moving Average is $58.12. Nevertheless, the first resistance level for the watch stands at $56.24 in the near term. At $56.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $57.14. If the price goes on to break the first support level at $55.34, it is likely to go to the next support level at $54.81. The third support level lies at $54.44 if the price breaches the second support level.

Toronto Dominion Bank (NYSE: TD) Key Stats

With a market capitalization of 97.67 billion, the company has a total of 1,750,272K Shares Outstanding. Currently, annual sales are 75,046 M while annual income is 7,994 M. The company’s previous quarter sales were 22,200 M while its latest quarter income was -132,170 K.