Market cap of Truist Financial Corporation [TFC] reaches 39.74B – now what?

Truist Financial Corporation [NYSE: TFC] traded at a low on 05/19/23, posting a -0.47 loss after which it closed the day’ session at $29.70. The company report on May 18, 2023 at 10:30 AM that Inspiring Conversations: Truist Foundation and VestedIn Discuss Investing in the Next Generation, Supporting Small Businesses.

VestedIn is committed to investing in Philadelphia’s youth and their impact on the future of the city. Often referred to as the “economic engine” of the community, VestedIn serves West Philadelphia’s Empowerment Zone and six additional counties in Pennsylvania, New Jersey and Delaware.

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In addition to providing small business loans in the community, VestedIn has empowered the youngest residents of Philadelphia through WesGold Fellows for 13 years. WesGold Fellows is a vigorous eight-week paid youth entrepreneurship and investing accelerator internship program-now reaching up to 60 students each summer. Fellows are guided through curriculum-based instruction, experiential learning opportunities, uniquely engaging field trips and professional development training.

The results of the trading session contributed to over 13551447 shares changing hands. Over the past one week, the price volatility of Truist Financial Corporation stands at 3.94% while the volatility over the past one month is 4.77%.

The market cap for TFC stock reached $39.74 billion, with 1.33 billion shares outstanding and 1.32 billion shares in the current float. Compared to the average trading volume of 16.72M shares, TFC reached a trading volume of 13551447 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Truist Financial Corporation [TFC]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TFC shares is $40.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TFC 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.

The Average True Range (ATR) for Truist Financial Corporation is set at 1.47, with the Price to Sales ratio for TFC stock in the period of the last 12 months amounting to 2.08. The Price to Book ratio for the last quarter was 0.71, with the Price to Cash per share for the same quarter was set at 34.26. Price to Free Cash Flow for TFC in the course of the last twelve months was 5.12.

How has TFC stock performed recently?

Truist Financial Corporation [TFC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.79. With this latest performance, TFC shares dropped by -11.29% in over the last four-week period, additionally sinking by -34.77% over the last 6 months – not to mention a drop of -35.94% 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 TFC stock in for the last two-week period is set at 48.06, with the RSI for the last a single of trading hit 53.59, and the three-weeks RSI is set at 44.86 for Truist Financial Corporation [TFC]. The present Moving Average for the last 50 days of trading for this stock 31.57, while it was recorded at 28.70 for the last single week of trading, and 42.43 for the last 200 days.

Truist Financial Corporation [TFC]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Truist Financial Corporation [TFC] shares currently have an operating margin of +32.01. Truist Financial Corporation’s Net Margin is presently recorded at +24.49.

Return on Total Capital for TFC is now 6.80, given the latest momentum, and Return on Invested Capital for the company is 5.92. Return on Equity for this stock inclined to 9.65, with Return on Assets sitting at 1.13. When it comes to the capital structure of this company, Truist Financial Corporation [TFC] has a Total Debt to Total Equity ratio set at 112.65. Additionally, TFC Total Debt to Total Capital is recorded at 52.97, with Total Debt to Total Assets ending up at 12.20. Long-Term Debt to Equity for the company is recorded at 82.53, with the Long-Term Debt to Total Capital now at 34.53.

Reflecting on the efficiency of the workforce at the company, Truist Financial Corporation [TFC] managed to generate an average of $118,453 per employee.

Earnings analysis for Truist Financial Corporation [TFC]

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 TFC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Truist Financial Corporation go to -0.29%.

Insider trade positions for Truist Financial Corporation [TFC]


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