Wells Fargo & Co (NYSE: WFC) on Monday, soared 0.07% from the previous trading day, before settling in for the closing price of $73.80. Within the past 52 weeks, WFC’s price has moved between $50.15 and $81.50.
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
During the last 5-year period, the sales growth of Financial Sector giant was 6.19%. The company achieved an average annual earnings per share of 8.46%. With a float of $3.25 billion, this company’s outstanding shares have now reached $3.26 billion.
Let’s determine the extent of company efficiency that accounts for 217000 employees. In terms of profitability, gross margin is 100.38%, operating margin of 64.35%, and the pretax margin is 29.09%.
Wells Fargo & Co (WFC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Diversified industry stocks is more important than anything else. The insider ownership of Wells Fargo & Co is 0.18%, while institutional ownership is 78.72%. 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
According to the Wall Street analysts, stocks earnings will be around 8.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.61% during the next five years compared to 5.77% growth over the previous five years of trading.
Wells Fargo & Co (NYSE: WFC) Trading Performance Indicators
Wells Fargo & Co (WFC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93. Likewise, its price to free cash flow for the trailing twelve months is 9.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.57, a number that is poised to hit 1.40 in the next quarter and is forecasted to reach 6.63 in one year’s time.
Technical Analysis of Wells Fargo & Co (WFC)
Looking closely at Wells Fargo & Co (NYSE: WFC), its last 5-days average volume was 20.52 million, which is a jump from its year-to-date volume of 17.98 million. As of the previous 9 days, the stock’s Stochastic %D was 91.67%. Additionally, its Average True Range was 2.55.
During the past 100 days, Wells Fargo & Co’s (WFC) raw stochastic average was set at 66.85%, which indicates a significant decrease from 91.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.69% in the past 14 days, which was lower than the 35.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.06, while its 200-day Moving Average is $66.95. However, in the short run, Wells Fargo & Co’s stock first resistance to watch stands at $74.81. Second resistance stands at $75.77. The third major resistance level sits at $76.66. If the price goes on to break the first support level at $72.96, it is likely to go to the next support level at $72.08. Now, if the price goes above the second support level, the third support stands at $71.12.
Wells Fargo & Co (NYSE: WFC) Key Stats
Market capitalization of the company is 240.32 billion based on 3,254,182K outstanding shares. Right now, sales total 125,397 M and income totals 19,722 M. The company made 29,627 M in profit during its latest quarter, and 4,894 M in sales during its previous quarter.
