On Monday, Truist Financial Corporation (NYSE: TFC) opened lower -0.30% from the last session, before settling in for the closing price of $39.47. Price fluctuations for TFC have ranged from $33.56 to $49.06 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 14.19%. Company’s average yearly earnings per share was noted 15.84% at the time writing. With a float of $1.31 billion, this company’s outstanding shares have now reached $1.31 billion.
Let’s determine the extent of company efficiency that accounts for 36769 employees. In terms of profitability, gross margin is 44.76%, operating margin of -2.86%, and the pretax margin is -3.23%.
Truist Financial Corporation (TFC) Insider Activity
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 0.19%, while institutional ownership is 74.73%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 15.84% 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 2.14. Likewise, its price to free cash flow for the trailing twelve months is 11.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.39, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 4.47 in one year’s time.
Technical Analysis of Truist Financial Corporation (TFC)
Looking closely at Truist Financial Corporation (NYSE: TFC), its last 5-days average volume was 7.54 million, which is a drop from its year-to-date volume of 9.43 million. As of the previous 9 days, the stock’s Stochastic %D was 89.69%. Additionally, its Average True Range was 1.33.
During the past 100 days, Truist Financial Corporation’s (TFC) raw stochastic average was set at 38.68%, which indicates a significant decrease from 89.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.49% in the past 14 days, which was lower than the 36.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.90, while its 200-day Moving Average is $43.24. However, in the short run, Truist Financial Corporation’s stock first resistance to watch stands at $39.80. Second resistance stands at $40.26. The third major resistance level sits at $40.65. If the price goes on to break the first support level at $38.96, it is likely to go to the next support level at $38.57. Should the price break the second support level, the third support level stands at $38.11.
Truist Financial Corporation (NYSE: TFC) Key Stats
There are currently 1,309,539K shares outstanding in the company with a market cap of 51.53 billion. Presently, the company’s annual sales total 24,253 M according to its annual income of 4,818 M. Last quarter, the company’s sales amounted to 7,380 M and its income totaled 1,261 M.
