Wall Street Analyst Downgrade U.S. Bancorp [USB]. What else is Wall St. saying

U.S. Bancorp [NYSE: USB] gained 1.97% or 1.09 points to close at $56.54 with a heavy trading volume of 5228653 shares. The company report on September 13, 2021 that Canadian Chamber of Commerce Chooses Elavon as Referral Partner for Members Seeking Payment Services.

The Canadian Chamber of Commerce – a champion of small businesses through more than 450 local chambers representing more than 200,000 Canadian businesses – has selected Elavon to be its referral partner, providing members a simple, secure and reliable way to accept payments from their customers.

Elavon has operated in Canada since 2005, helping businesses evolve with the changing purchasing preferences of customers, regulatory and security requirements and emerging technology that helps them run their businesses more efficiently.

It opened the trading session at $55.94, the shares rose to $56.56 and dropped to $55.83, the range by which the price of stock traded the whole day. The daily chart for USB points out that the company has recorded 4.74% gains over the past six months. However, it is still -65.47% lower than its most recent low trading price.

If we look at the average trading volume of 5.25M shares, USB reached to a volume of 5228653 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about U.S. Bancorp [USB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for USB shares is $63.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on USB stock is a recommendation set at 2.20. 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.

Odeon have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 19, 2021. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price to Outperform. The new note on the price target was released on July 07, 2021, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another raise from $58 to $62, while BofA Securities kept a Neutral rating on USB stock.

The Average True Range (ATR) for U.S. Bancorp is set at 1.07, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 6.13. The Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 29.86. Price to Free Cash Flow for USB in the course of the last twelve months was 13.62.

Trading performance analysis for USB stock

U.S. Bancorp [USB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.69. With this latest performance, USB shares dropped by -3.93% in over the last four-week period, additionally plugging by 4.74% over the last 6 months – not to mention a rise of 54.14% 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 USB stock in for the last two-week period is set at 50.21, with the RSI for the last a single of trading hit 51.75, and the three-weeks RSI is set at 49.63 for U.S. Bancorp [USB]. The present Moving Average for the last 50 days of trading for this stock 56.56, while it was recorded at 55.80 for the last single week of trading, and 53.81 for the last 200 days.

U.S. Bancorp [USB]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and U.S. Bancorp [USB] shares currently have an operating margin of +26.28. U.S. Bancorp’s Net Margin is presently recorded at +21.44.

Return on Total Capital for USB is now 5.36, given the latest momentum, and Return on Invested Capital for the company is 5.57. Return on Equity for this stock inclined to 9.41, with Return on Assets sitting at 0.94. When it comes to the capital structure of this company, U.S. Bancorp [USB] has a Total Debt to Total Equity ratio set at 102.26. Additionally, USB Total Debt to Total Capital is recorded at 50.56, with Total Debt to Total Assets ending up at 9.80. Long-Term Debt to Equity for the company is recorded at 74.24, with the Long-Term Debt to Total Capital now at 32.57.

Reflecting on the efficiency of the workforce at the company, U.S. Bancorp [USB] managed to generate an average of $72,502 per employee.

U.S. Bancorp [USB]: An earnings per share (EPS) analysis

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 USB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for U.S. Bancorp go to 12.08%.

An analysis of insider ownership at U.S. Bancorp [USB]

There are presently around $62,825 million, or 76.30% of USB stock, in the hands of institutional investors. The top three institutional holders of USB stocks are: BERKSHIRE HATHAWAY INC with ownership of 128,888,906, which is approximately -0.615% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 109,095,804 shares of the stock with an approximate value of $6.17 billion in USB stocks shares; and BLACKROCK INC., currently with $5.16 billion in USB stock with ownership of nearly -0.956% of the company’s market capitalization.

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Positions in U.S. Bancorp stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 755 institutional holders increased their position in U.S. Bancorp [NYSE:USB] by around 41,334,112 shares. Additionally, 678 investors decreased positions by around 49,782,307 shares, while 293 investors held positions by with 1,020,048,375 shares. The mentioned changes placed institutional holdings at 1,111,164,794 shares, according to the latest SEC report filing. USB stock had 115 new institutional investments in for a total of 3,696,683 shares, while 69 institutional investors sold positions of 5,530,538 shares during the same period.

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