U.S. Bancorp (NYSE:USB) stock went on an upward path that rose over 0.77% on Tuesday, amounting to a one-week price increase of more than 2.18%. Over the last 12 months, USB stock rose by 12.52%. The one-year USB stock forecast points to a potential upside of 0.02, with the average price target set at $57.32 per share. The average equity rating for USB stock is currently 2.90, trading closer to a bullish pattern in the stock market.
The market cap for USB stock reached $93.16 billion, with 1.59 billion shares outstanding and 1.56 billion shares in the current float. Compared to the average trading volume of 5.26M shares, USB reached a trading volume of 5765286 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $57.20 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 2.90. 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.
Citigroup have made an estimate for U.S. Bancorp shares, keeping their opinion on the stock as Sell, with their previous recommendation back on October 08, 2019. While these analysts kept the previous recommendation, BofA/Merrill dropped their target price from $55 to $53. The new note on the price target was released on September 30, 2019, representing the official price target for U.S. Bancorp stock. Previously, the target price had yet another raise to $59, while Macquarie analysts kept a Neutral rating on USB stock. On July 31, 2019, analysts increased their price target for USB shares from 52.50 to 57.
The Average True Range (ATR) for U.S. Bancorp is set at 0.92, with the Price to Sales ratio for USB stock in the period of the last 12 months amounting to 5.31. The Price to Book ratio for the last quarter was 1.98, with the Price to Cash per share for the same quarter was set at 10.65. Price to Free Cash Flow for USB in the course of the last twelve months was 11.31.
USB Stock Performance Analysis:
U.S. Bancorp (USB) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.18. With this latest performance, USB shares gained by 8.64% in over the last four-week period, additionally plugging by 12.20% over the last 6 months – not to mention a rise of 12.52% 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 74.07, with the RSI for the last a single of trading hit 80.58, and the three-weeks RSI is set at 68.27 for U.S. Bancorp (USB). The present Moving Average for the last 50 days of trading for this stock 54.90, while it was recorded at 57.69 for the last single week of trading, and 52.65 for the last 200 days.
Insight into U.S. Bancorp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and U.S. Bancorp (USB) shares currently have an operating margin of +34.57. U.S. Bancorp’s Net Margin is presently recorded at +28.15.
Return on Total Capital for USB is now 8.44, given the latest momentum, and Return on Invested Capital for the company is 8.67. Return on Equity for this stock inclined to 14.12, with Return on Assets sitting at 1.51. When it comes to the capital structure of this company, U.S. Bancorp (USB) has a Total Debt to Total Equity ratio set at 108.72. Additionally, USB Total Debt to Total Capital is recorded at 52.09, with Total Debt to Total Assets ending up at 11.76. Long-Term Debt to Equity for the company is recorded at 73.84, with the Long-Term Debt to Total Capital now at 31.23.
Reflecting on the efficiency of the workforce at the company, U.S. Bancorp (USB) managed to generate an average of $96,355 per employee.
USB Stock EPS
With the latest financial reports released by the company, U.S. Bancorp posted 1.07/share EPS, while the average EPS was predicted by analysts to be reported at 1.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.90%. 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 5.38%.
U.S. Bancorp (USB) Insider Position Details
There are presently around $70,975 million, or 78.10% of USB stock, in the hands of institutional investors. The top three institutional holders of USB stocks are: BERKSHIRE HATHAWAY INC with ownership of 132,459,618, which is approximately 2.437% of the company’s market cap and around 0.14% of the total institutional ownership; VANGUARD GROUP INC, holding 115,821,380 shares of the stock with an approximate value of $6.0 billion in USB stocks shares; and BLACKROCK INC., currently with $5.0 billion in USB stock with ownership of nearly -0.3% of the company’s market capitalization.
Positions in U.S. Bancorp stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 630 institutional holders increased their position in U.S. Bancorp (NYSE:USB) by around 53,280,620 shares. Additionally, 719 investors decreased positions by around 34,054,758 shares, while 265 investors held positions by with 1,133,425,903 shares. The mentioned changes placed institutional holdings at 1,220,761,281 shares, according to the latest SEC report filing. USB stock had 99 new institutional investments in for a total of 2,268,489 shares, while 83 institutional investors sold positions of 2,667,716 shares during the same period.