Toronto Dominion Bank [TD] Stock trading around $53.46 per share: What’s Next?

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Toronto Dominion Bank [NYSE: TD] closed the trading session at $53.46.

The stocks have a year to date performance of -17.27 percent and weekly performance of 1.25 percent. The stock has been moved at -1.55 percent over the last six months. The stock has performed -4.77 percent around the most recent 30 days and changed -14.05 percent over the most recent 3-months.

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If compared to the average trading volume of 2.86M shares, TD reached to a volume of 1567562 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 Toronto Dominion Bank [TD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TD shares is $55.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TD stock is a recommendation set at 2.71. 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.

Jefferies have made an estimate for Toronto Dominion Bank shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Dec-13-24. The new note on the price target was released on December 06, 2024, representing the official price target for Toronto Dominion Bank stock.

The Average True Range (ATR) for Toronto Dominion Bank is set at 0.96, with the Price to Sales ratio for TD stock in the period of the last 12 months amounting to 1.06. The Price to Book ratio for the last quarter was 1.25. Price to Free Cash Flow for TD in the course of the last twelve months was 4.96.

TD stock trade performance evaluation

Toronto Dominion Bank [TD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.25. With this latest performance, TD shares dropped by -4.77% in over the last four-week period, additionally sinking by -1.55% over the last 6 months – not to mention a drop of -10.35% 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 TD stock in for the last two-week period is set at 37.06, with the RSI for the last a single of trading hit 37.30, and the three-weeks RSI is set at 37.59 for Toronto Dominion Bank [TD]. The present Moving Average for the last 50 days of trading for this stock 56.63, while it was recorded at 52.93 for the last single week of trading, and 57.84 for the last 200 days.

Toronto Dominion Bank [TD]: An insightful look at the core fundamentals

Toronto Dominion Bank’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.56.

Earnings per share (EPS) analysis for Toronto Dominion Bank [TD] 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 TD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Toronto Dominion Bank go to 3.34%.

Toronto Dominion Bank [TD]: Institutional Ownership

There are presently around $59.57%, or 59.62%% of TD stock, in the hands of institutional investors. The top three institutional holders of TD stocks are: ROYAL BANK OF CANADA with ownership of 142.42 million shares, which is approximately 8.0791%. BANK OF MONTREAL /CAN/, holding 85.56 million shares of the stock with an approximate value of $$4.74 billion in TD stocks shares; and BANK OF MONTREAL /CAN/, currently with $$3.92 billion in TD stock with ownership which is approximately 4.0511%.