Truist Financial Corporation (NYSE:TFC) currently has a daily average trading volume of 8.10M but it saw 17867361 shares traded in last market. With a market cap of 48.35B USD, the company’s current market price of $37.04 came falling about -10.88 while comparing to the previous closing price of $41.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $49.06 and as low as $35.09. In the recent trading on the day, stock has struck highest price mark of $37.015 while lowest mark touched by it was $39.71.
Taking a look at 20-day trading activity of Truist Financial Corporation (TFC) gives us an average price of $40.85, while its current price level is -24.49% below from 52-week high level whereas it is 5.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $44.21 while that of 200 days or SMA-200 reads an average of $43.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.87% during that period while stretching the period over a month that decreases to 2.71%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 26.17 which implies that the stock is in oversold territory.
Robert W. Baird upgraded its recommendation for the stock as a “Outperform” from “Neutral” on March 05, 2025 while assigning a price target range of $48-$52. HSBC Securities issued its recommendations for the stock as it upgraded the price target for the stock is $50.
Over the week, TFC’s stock price is moving -10.53% down while it is -14.08% when we observe its performance for the past one month. Year-to-date it is -14.62% down and over the past year, the stock is showing a downside performance of -2.24%.
The company is expected to be releasing its next quarterly report on 2025-Jan-16, for which analysts forecasted an EPS of 0.87 while estimate for next year EPS is 4.03. In next quarter, company is expected to be making quarterly sales of $5.13B as analysts are expecting the sales for current fiscal year at $20.69B and seeing the company making $21.83B in sales next year. Moreover, analysts are in estimates of $4.97B for current-quarter revenue.
Currently, Truist Financial Corporation’s total number of outstanding shares is 1.32B with 0.22% of that held by the insiders while 78.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.48% and return on equity (ROE) at -0.11%. It has a price to earnings ratio (P/E ratio) of 11.13 while having a 8.11 of forward P/E ratio. Stock’s beta reads 0.80. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 1.97. Its return on asset (ROA) is -0.01% on average.
