U.S. Bancorp [USB] is 9.45% higher this YTD. Is it still time to buy?

U.S. Bancorp [NYSE: USB] gained 0.32% on the last trading session, reaching $47.73 price per share at the time. The company report on February 28, 2023 that U.S. Bancorp to Speak at the RBC Capital Markets Global Financial Institutions Conference.

U.S. Bancorp (NYSE: USB) announced today that Vice Chair and Chief Financial Officer Terry Dolan and Vice Chair of Payment Services Shailesh Kotwal will present at the RBC Capital Markets Global Financial Institutions Conference.

The presentation will begin at 10 a.m. ET on Tuesday, March 7 in New York.

U.S. Bancorp represents 1.53 billion in outstanding shares, while the company has a total market value of $73.20 billion with the latest information. USB stock price has been found in the range of $47.58 to $48.045.

If compared to the average trading volume of 8.61M shares, USB reached a trading volume of 6209097 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 $55.40 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 2.50. 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.

Goldman have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 27, 2023. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $53 to $57. The new note on the price target was released on February 15, 2023, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another raise from $47 to $55, while UBS kept a Buy rating on USB stock. On January 03, 2023, analysts increased their price target for USB shares from 62 to 68.

The Average True Range (ATR) for U.S. Bancorp is set at 0.81, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 4.08. The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 27.16. Price to Free Cash Flow for USB in the course of the last twelve months was 6.43.

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 0.08. With this latest performance, USB shares dropped by -2.31% in over the last four-week period, additionally plugging by 2.67% over the last 6 months – not to mention a drop of -16.76% 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 47.91, with the RSI for the last a single of trading hit 41.42, and the three-weeks RSI is set at 51.50 for U.S. Bancorp [USB]. The present Moving Average for the last 50 days of trading for this stock 46.76, while it was recorded at 47.64 for the last single week of trading, and 45.96 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 +27.85. U.S. Bancorp’s Net Margin is presently recorded at +21.26.

Return on Equity for this stock inclined to 11.02, with Return on Assets sitting at 0.93.

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 3.85%.

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

There are presently around $53,726 million, or 74.10% of USB stock, in the hands of institutional investors. The top three institutional holders of USB stocks are: VANGUARD GROUP INC with ownership of 119,477,892, which is approximately 3.784% of the company’s market cap and around 0.13% of the total institutional ownership; BLACKROCK INC., holding 100,488,840 shares of the stock with an approximate value of $4.8 billion in USB stocks shares; and STATE STREET CORP, currently with $2.82 billion in USB stock with ownership of nearly 0.22% of the company’s market capitalization.

Positions in U.S. Bancorp stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 888 institutional holders increased their position in U.S. Bancorp [NYSE:USB] by around 137,129,561 shares. Additionally, 730 investors decreased positions by around 127,420,867 shares, while 240 investors held positions by with 861,067,237 shares. The mentioned changes placed institutional holdings at 1,125,617,665 shares, according to the latest SEC report filing. USB stock had 196 new institutional investments in for a total of 21,218,649 shares, while 100 institutional investors sold positions of 5,169,415 shares during the same period.