U.S. Bancorp [NYSE: USB] loss -1.36% or -0.65 points to close at $47.19 with a heavy trading volume of 7720368 shares.
The daily chart for USB points out that the company has recorded 12.84% gains over the past six months.
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If we look at the average trading volume of 7.75M shares, USB reached to a volume of 7720368 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 $53.08 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 2.26. 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.
Deutsche Bank have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 24, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $54 to $57. The new note on the price target was released on September 30, 2024, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another raise to $43.50, while JP Morgan analysts kept a Neutral rating on USB stock. On April 18, 2024, analysts decreased their price target for USB shares from 52 to 45.
The Average True Range (ATR) for U.S. Bancorp is set at 1.01, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 1.74. The Price to Book ratio for the last quarter was 1.42.
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 -2.88. With this latest performance, USB shares gained by 5.57% in over the last four-week period, additionally plugging by 12.84% over the last 6 months – not to mention a rise of 37.42% 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 49.93, with the RSI for the last a single of trading hit 44.67, and the three-weeks RSI is set at 52.32 for U.S. Bancorp [USB]. The present Moving Average for the last 50 days of trading for this stock 46.23, while it was recorded at 48.05 for the last single week of trading, and 42.85 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 0.67.
U.S. Bancorp [USB]: An earnings per share (EPS) analysis
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 0.98/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 5.01%.
An analysis of Institutional ownership at U.S. Bancorp [USB]
There are presently around $79.33%, or 79.43%% 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%.
