Monday, January 25, 2021

The PNC Financial Services Group Inc. [PNC] Revenue clocked in at $13.53 billion, down -17.85% YTD: What’s Next?

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The PNC Financial Services Group Inc. [NYSE: PNC] gained 2.42% or 3.1 points to close at $131.13 with a heavy trading volume of 4008638 shares. It opened the trading session at $130.65, the shares rose to $132.37 and dropped to $129.76, the range by which the price of stock traded the whole day. The daily chart for PNC points out that the company has recorded -13.84% loss over the past six months. However, it is still -65.13% lower than its most recent low trading price.

If we look at the average trading volume of 3.58M shares, PNC reached to a volume of 4008638 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about The PNC Financial Services Group Inc. [PNC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PNC shares is $111.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PNC stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Standpoint Research have made an estimate for The PNC Financial Services Group Inc. shares, keeping their opinion on the stock as Accumulate, with their previous recommendation back on May 18, 2020. The new note on the price target was released on May 04, 2020, representing the official price target for The PNC Financial Services Group Inc. stock. Previously, the target price had yet another raise from $95 to $114, while Nomura kept a Buy rating on PNC stock.

The Average True Range (ATR) for The PNC Financial Services Group Inc. is set at 4.91, with the Price to Sales ratio for PNC stock in the period of the last 12 months amounting to 4.16. The Price to Book ratio for the last quarter was 1.14, with the Price to Cash per share for the same quarter was set at 64.05. Price to Free Cash Flow for PNC in the course of the last twelve months was 17.03.

Trading performance analysis for PNC stock

The PNC Financial Services Group Inc. [PNC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.35. With this latest performance, PNC shares gained by 29.46% in over the last four-week period, additionally sinking by -13.84% over the last 6 months – not to mention a drop of -1.32% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PNC stock in for the last two-week period is set at 75.77, with the RSI for the last a single of trading hit 83.71, and the three-weeks RSI is set at 67.31 for The PNC Financial Services Group Inc. [PNC]. The present Moving Average for the last 50 days of trading for this stock 103.55, while it was recorded at 123.29 for the last single week of trading, and 132.25 for the last 200 days.

The PNC Financial Services Group Inc. [PNC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and The PNC Financial Services Group Inc. [PNC] shares currently have an operating margin of +30.12. The PNC Financial Services Group Inc.’s Net Margin is presently recorded at +24.86.

Return on Total Capital for PNC is now 5.97, given the latest momentum, and Return on Invested Capital for the company is 5.69. Return on Equity for this stock inclined to 11.02, with Return on Assets sitting at 1.34. When it comes to the capital structure of this company, The PNC Financial Services Group Inc. [PNC] has a Total Debt to Total Equity ratio set at 126.60. Additionally, PNC Total Debt to Total Capital is recorded at 55.87, with Total Debt to Total Assets ending up at 15.14. Long-Term Debt to Equity for the company is recorded at 77.22, with the Long-Term Debt to Total Capital now at 31.32.

Reflecting on the efficiency of the workforce at the company, The PNC Financial Services Group Inc. [PNC] managed to generate an average of $103,009 per employee.

The PNC Financial Services Group Inc. [PNC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, The PNC Financial Services Group Inc. posted 2.88/share EPS, while the average EPS was predicted by analysts to be reported at 2.82/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PNC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The PNC Financial Services Group Inc. go to 1.59%.

An analysis of insider ownership at The PNC Financial Services Group Inc. [PNC]

There are presently around $44,555 million, or 83.10% of PNC stock, in the hands of institutional investors. The top three institutional holders of PNC stocks are: VANGUARD GROUP INC with ownership of 34,113,459, which is approximately 1.993% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 27,504,436 shares of the stock with an approximate value of $3.52 billion in PNC stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $2.77 billion in PNC stock with ownership of nearly -5.523% of the company’s market capitalization.

Positions in The PNC Financial Services Group Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 464 institutional holders increased their position in The PNC Financial Services Group Inc. [NYSE:PNC] by around 13,960,811 shares. Additionally, 774 investors decreased positions by around 22,757,860 shares, while 174 investors held positions by with 311,285,479 shares. The mentioned changes placed institutional holdings at 348,004,150 shares, according to the latest SEC report filing. PNC stock had 80 new institutional investments in for a total of 1,450,391 shares, while 258 institutional investors sold positions of 4,059,253 shares during the same period.

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