On Friday, Truist Financial Corporation (NYSE: TFC) opened higher 1.81% from the last session, before settling in for the closing price of $42.55. Price fluctuations for TFC have ranged from $34.23 to $49.06 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 22.97% annually for the last half of the decade. Company’s average yearly earnings per share was noted 408.13% at the time writing. With a float of $1.32 billion, this company’s outstanding shares have now reached $1.33 billion.
In an organization with 49037 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 97.4%, operating margin of -7.75%, and the pretax margin is -32.64%.
Truist Financial Corporation (TFC) 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 Truist Financial Corporation is 0.22%, while institutional ownership is 73.32%. The most recent insider transaction that took place on Dec 04 ’24, was worth 229,444. In this transaction Director of this company sold 4,966 shares at a rate of $46.20, taking the stock ownership to the 11,246 shares. Before that another transaction happened on Dec 04 ’24, when Company’s Director proposed sale 4,966 for $46.20, making the entire transaction worth $229,442.
Truist Financial Corporation (TFC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 408.13% per share during the next fiscal year.
Truist Financial Corporation (NYSE: TFC) Trading Performance Indicators
Check out the current performance indicators for Truist Financial Corporation (TFC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.33. Likewise, its price to free cash flow for the trailing twelve months is 13.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.46, a number that is poised to hit 0.88 in the next quarter and is forecasted to reach 3.95 in one year’s time.
Technical Analysis of Truist Financial Corporation (TFC)
Let’s dig in a bit further. During the last 5-days, its volume was 10.05 million. That was better than the volume of 8.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.60%. Additionally, its Average True Range was 1.07.
During the past 100 days, Truist Financial Corporation’s (TFC) raw stochastic average was set at 37.22%, which indicates a significant increase from 18.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.01% in the past 14 days, which was lower than the 28.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.15, while its 200-day Moving Average is $41.15. However, in the short run, Truist Financial Corporation’s stock first resistance to watch stands at $43.91. Second resistance stands at $44.49. The third major resistance level sits at $45.31. If the price goes on to break the first support level at $42.51, it is likely to go to the next support level at $41.69. The third support level lies at $41.11 if the price breaches the second support level.
Truist Financial Corporation (NYSE: TFC) Key Stats
There are currently 1,327,521K shares outstanding in the company with a market cap of 58.55 billion. Presently, the company’s annual sales total 33,246 M according to its annual income of -1,091 M. Last quarter, the company’s sales amounted to 7,835 M and its income totaled 1,442 M.
