U.S. Bancorp [USB] Revenue clocked in at $13.61 billion, up 28.93% YTD: What’s Next?

Related

Share

U.S. Bancorp [NYSE: USB] jumped around 1.09 points on Tuesday, while shares priced at $60.07 at the close of the session, up 1.85%. The company report on November 16, 2021 that U.S. Bancorp to Acquire TravelBank, an All-in-One Expense and Travel Management Solution.

A leader in corporate payment solutions, U.S. Bank integration with TravelBank’s platform provides customers an end-to-end expense, travel and payment program.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


U.S. Bancorp, the parent company of U.S. Bank, has entered into an agreement to acquire TravelBank, a San Francisco-based fintech company that provides an all-in-one, tech-driven expense and travel management solution. TravelBank is easy to use for employees and helps businesses control and track expenses, automate processes, streamline approvals and reporting, and ensure compliance with company policies.

U.S. Bancorp stock is now 28.93% up from its year-to-date (YTD) trading value. USB Stock saw the intraday high of $60.26 and lowest of $59.333 per share. The company’s 52-week high price is 63.01, which means current price is +41.44% above from all time high which was touched on 10/25/21.

Compared to the average trading volume of 5.09M shares, USB reached a trading volume of 4636869 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $66.72 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.

Raymond James have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on October 15, 2021. The new note on the price target was released on July 19, 2021, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another raise to $69, while Keefe Bruyette analysts kept a Outperform rating on USB stock. On April 12, 2021, analysts increased their price target for USB shares from 58 to 62.

The Average True Range (ATR) for U.S. Bancorp is set at 1.17, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 6.66. The Price to Book ratio for the last quarter was 1.86, with the Price to Cash per share for the same quarter was set at 42.32. Price to Free Cash Flow for USB in the course of the last twelve months was 16.29.

How has USB stock performed recently?

U.S. Bancorp [USB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.74. With this latest performance, USB shares dropped by -3.92% in over the last four-week period, additionally plugging by 0.57% over the last 6 months – not to mention a rise of 39.41% 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 49.73, with the RSI for the last a single of trading hit 51.04, and the three-weeks RSI is set at 50.13 for U.S. Bancorp [USB]. The present Moving Average for the last 50 days of trading for this stock 60.30, while it was recorded at 58.92 for the last single week of trading, and 57.43 for the last 200 days.

U.S. Bancorp [USB]: Deeper insight into the fundamentals

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.

Earnings analysis for U.S. Bancorp [USB]

With the latest financial reports released by the company, U.S. Bancorp posted 0.99/share EPS, while the average EPS was predicted by analysts to be reported at 0.91/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.80%. 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 13.05%.

>> 7 Top Picks for the Post-Pandemic Economy <<

Insider trade positions for U.S. Bancorp [USB]

There are presently around $66,889 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 126,417,887, which is approximately -1.917% of the company’s market cap and around 0.08% of the total institutional ownership; VANGUARD GROUP INC, holding 108,793,926 shares of the stock with an approximate value of $6.54 billion in USB stocks shares; and BLACKROCK INC., currently with $5.64 billion in USB stock with ownership of nearly 2.884% of the company’s market capitalization.

Positions in U.S. Bancorp stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 760 institutional holders increased their position in U.S. Bancorp [NYSE:USB] by around 36,984,066 shares. Additionally, 681 investors decreased positions by around 32,421,618 shares, while 303 investors held positions by with 1,044,109,553 shares. The mentioned changes placed institutional holdings at 1,113,515,237 shares, according to the latest SEC report filing. USB stock had 113 new institutional investments in for a total of 5,634,138 shares, while 71 institutional investors sold positions of 3,004,437 shares during the same period.

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam