U.S. Bancorp [USB] is -11.98% lower this YTD. Is it still time to buy?

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U.S. Bancorp [NYSE: USB] surged by $0.15 during the normal trading session on Monday and reaching a high of $50.14 during the day while it closed the day at $49.44. The company report on May 9, 2022 that U.S. Bancorp Announces $100 Billion Community Benefits Plan.

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Five-year plan focuses on supporting equitable access to capital for low- and moderate- income communities and communities of color.

U.S. Bancorp (NYSE: USB) today announced a five-year community benefits plan (CBP), developed in coordination with the National Community Reinvestment Coalition (NCRC) and the California Reinvestment Coalition (CRC), as part of the planned acquisition of MUFG Union Bank. The CBP continues and expands the important work underway by both organizations to build and support equitable access to capital for the communities we serve.

U.S. Bancorp stock has also gained 1.21% of its value over the past 7 days. However, USB stock has declined by -17.02% in the 3 months of the year. Over the past six months meanwhile, it has lost -18.54% and lost -11.98% year-on date.

The market cap for USB stock reached $73.38 billion, with 1.49 billion shares outstanding and 1.48 billion shares in the current float. Compared to the average trading volume of 8.03M shares, USB reached a trading volume of 9475572 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $60.98 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 2.30. 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.

Citigroup have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 11, 2022. While these analysts kept the previous recommendation, UBS dropped their target price from $64 to $56. The new note on the price target was released on April 08, 2022, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another drop from $66 to $64, while Jefferies kept a Hold rating on USB stock.

The Average True Range (ATR) for U.S. Bancorp is set at 1.44, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 5.41. The Price to Book ratio for the last quarter was 1.65, with the Price to Cash per share for the same quarter was set at 29.85. Price to Free Cash Flow for USB in the course of the last twelve months was 4.96.

USB stock trade performance evaluation

U.S. Bancorp [USB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.21. With this latest performance, USB shares dropped by -5.97% in over the last four-week period, additionally sinking by -18.54% over the last 6 months – not to mention a drop of -19.18% 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 38.99, with the RSI for the last a single of trading hit 39.90, and the three-weeks RSI is set at 39.41 for U.S. Bancorp [USB]. The present Moving Average for the last 50 days of trading for this stock 53.14, while it was recorded at 49.59 for the last single week of trading, and 57.08 for the last 200 days.

U.S. Bancorp [USB]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and U.S. Bancorp [USB] shares currently have an operating margin of +44.84. U.S. Bancorp’s Net Margin is presently recorded at +34.96.

Return on Equity for this stock inclined to 14.67, with Return on Assets sitting at 1.41.

Earnings per share (EPS) analysis for U.S. Bancorp [USB] stock

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 10.37%.

U.S. Bancorp [USB]: Insider Ownership positions

There are presently around $54,776 million, or 76.60% 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 0% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 109,186,579 shares of the stock with an approximate value of $5.38 billion in USB stocks shares; and BLACKROCK INC., currently with $4.71 billion in USB stock with ownership of nearly 1.907% of the company’s market capitalization.

Positions in U.S. Bancorp stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 855 institutional holders increased their position in U.S. Bancorp [NYSE:USB] by around 36,477,468 shares. Additionally, 707 investors decreased positions by around 40,068,178 shares, while 302 investors held positions by with 1,034,754,628 shares. The mentioned changes placed institutional holdings at 1,111,300,274 shares, according to the latest SEC report filing. USB stock had 140 new institutional investments in for a total of 4,219,685 shares, while 104 institutional investors sold positions of 6,600,766 shares during the same period.