A new trading day began on Monday, with Wells Fargo & Co (NYSE: WFC) stock price down -0.45% from the previous day of trading, before settling in for the closing price of $80.64. WFC’s price has ranged from $50.15 to $83.94 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 5.77% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 12.23%. With a float of $3.25 billion, this company’s outstanding shares have now reached $3.25 billion.
In an organization with 217000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 63.45%, operating margin of 19.11%, and the pretax margin is 19.11%.
Wells Fargo & Co (WFC) Insider Updates
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 Wells Fargo & Co is 0.18%, while institutional ownership is 78.19%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 12.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.11% 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
Here are Wells Fargo & Co’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.12. Likewise, its price to free cash flow for the trailing twelve months is 10.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.83, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 6.71 in one year’s time.
Technical Analysis of Wells Fargo & Co (WFC)
Let’s dig in a bit further. During the last 5-days, its volume was 28.42 million. That was better than the volume of 17.7 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.77%.
During the past 100 days, Wells Fargo & Co’s (WFC) raw stochastic average was set at 85.64%, which indicates a significant increase from 41.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.60 in the past 14 days, which was lower than the 1.89 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.07, while its 200-day Moving Average is $72.43.
