Wells Fargo & Company [WFC] is 68.85% higher this YTD. Is it still time to buy?

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Wells Fargo & Company [NYSE: WFC] gained 0.73% on the last trading session, reaching $50.96 price per share at the time. The company report on November 9, 2021 that Wells Fargo Launches Season Two of ‘About Money’ Podcast.

Examines the many “jobs” money can do.


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Wells Fargo Wealth & Investment Management has launched season two of its podcast, “About Money,” which will examine the “jobs” money can do. In conversations with industry experts from both inside and outside of Wells Fargo, Michael Liersch, head of Advice and Planning for Wells Fargo’s Wealth & Investment Management division, hosts lively discussions that explore ways to think of money as a tool, not as a means in and of itself.

Wells Fargo & Company represents 4.06 billion in outstanding shares, while the company has a total market value of $201.71 billion with the latest information. WFC stock price has been found in the range of $50.37 to $51.00.

If compared to the average trading volume of 25.86M shares, WFC reached a trading volume of 16683758 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 Wells Fargo & Company [WFC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WFC shares is $52.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WFC 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.

Morgan Stanley have made an estimate for Wells Fargo & Company shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on September 28, 2021. The new note on the price target was released on July 19, 2021, representing the official price target for Wells Fargo & Company stock. Previously, the target price had yet another raise to $48, while Odeon analysts kept a Buy rating on WFC stock.

The Average True Range (ATR) for Wells Fargo & Company is set at 1.13, with the Price to Sales ratio for WFC stock in the period of the last 12 months amounting to 5.04. The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 125.30.

Trading performance analysis for WFC stock

Wells Fargo & Company [WFC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.03. With this latest performance, WFC shares gained by 12.47% in over the last four-week period, additionally plugging by 6.39% over the last 6 months – not to mention a rise of 114.03% 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 WFC stock in for the last two-week period is set at 57.34, with the RSI for the last a single of trading hit 56.68, and the three-weeks RSI is set at 57.18 for Wells Fargo & Company [WFC]. The present Moving Average for the last 50 days of trading for this stock 48.13, while it was recorded at 50.53 for the last single week of trading, and 44.28 for the last 200 days.

Wells Fargo & Company [WFC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Wells Fargo & Company [WFC] shares currently have an operating margin of +4.57. Wells Fargo & Company’s Net Margin is presently recorded at +4.02.

Return on Total Capital for WFC is now 0.76, given the latest momentum, and Return on Invested Capital for the company is 0.88. Return on Equity for this stock inclined to 1.77, with Return on Assets sitting at 0.17. When it comes to the capital structure of this company, Wells Fargo & Company [WFC] has a Total Debt to Total Equity ratio set at 149.77. Additionally, WFC Total Debt to Total Capital is recorded at 59.96, with Total Debt to Total Assets ending up at 14.09. Long-Term Debt to Equity for the company is recorded at 113.37, with the Long-Term Debt to Total Capital now at 40.20.

Reflecting on the efficiency of the workforce at the company, Wells Fargo & Company [WFC] managed to generate an average of $12,293 per employee.

Wells Fargo & Company [WFC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Wells Fargo & Company posted 0.42/share EPS, while the average EPS was predicted by analysts to be reported at 0.45/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.70%. 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 WFC.

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An analysis of insider ownership at Wells Fargo & Company [WFC]

There are presently around $149,754 million, or 74.50% of WFC stock, in the hands of institutional investors. The top three institutional holders of WFC stocks are: VANGUARD GROUP INC with ownership of 332,443,083, which is approximately -0.272% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 294,902,679 shares of the stock with an approximate value of $15.03 billion in WFC stocks shares; and FMR LLC, currently with $9.57 billion in WFC stock with ownership of nearly 13.343% of the company’s market capitalization.

Positions in Wells Fargo & Company stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 801 institutional holders increased their position in Wells Fargo & Company [NYSE:WFC] by around 168,773,630 shares. Additionally, 930 investors decreased positions by around 160,991,259 shares, while 295 investors held positions by with 2,608,883,240 shares. The mentioned changes placed institutional holdings at 2,938,648,129 shares, according to the latest SEC report filing. WFC stock had 119 new institutional investments in for a total of 38,326,877 shares, while 124 institutional investors sold positions of 18,728,700 shares during the same period.