U.S. Bancorp. [NYSE: USB] loss -0.47% or -0.21 points to close at $44.26 with a heavy trading volume of 4570493 shares.
The daily chart for USB points out that the company has recorded 0.73% gains over the past six months.
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If we look at the average trading volume of 8.13M shares, USB reached to a volume of 4570493 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 $50.47 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 2.16. 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 U.S. Bancorp. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 30, 2024. The new note on the price target was released on June 27, 2024, representing the official price target for U.S. Bancorp. stock. Previously, the target price had yet another drop from $52 to $45, while Keefe Bruyette kept a Mkt Perform rating on USB stock. On March 28, 2024, analysts increased their price target for USB shares from 47 to 53.
The Average True Range (ATR) for U.S. Bancorp. is set at 0.94, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 1.66. The Price to Book ratio for the last quarter was 1.39.
Trading performance analysis for USB stock
U.S. Bancorp. [USB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.45. With this latest performance, USB shares dropped by -2.21% in over the last four-week period, additionally plugging by 0.73% over the last 6 months – not to mention a rise of 38.92% 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 45.62, with the RSI for the last a single of trading hit 42.17, and the three-weeks RSI is set at 48.19 for U.S. Bancorp. [USB]. The present Moving Average for the last 50 days of trading for this stock 44.40, while it was recorded at 44.33 for the last single week of trading, and 42.39 for the last 200 days.
U.S. Bancorp. [USB]: A deeper dive into fundamental analysis
U.S. Bancorp.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.69.
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 3.90%.
An analysis of Institutional ownership at U.S. Bancorp. [USB]
There are presently around $79.25%, or 79.35%% of USB stock, in the hands of institutional investors. The top three institutional holders of USB stocks are: VANGUARD GROUP INC with ownership of 135.59 million shares, which is approximately 8.697%. BLACKROCK INC., holding 110.54 million shares of the stock with an approximate value of $$4.39 billion in USB stocks shares; and BLACKROCK INC., currently with $$2.67 billion in USB stock with ownership which is approximately 4.2632%.
