Truist Financial Corporation (NYSE:TFC) currently has a daily average trading volume of 9.52M but it saw 17346148 shares traded in last market. With a market cap of 46.52B USD, the company’s current market price of $35.64 came falling about -6.19 while comparing to the previous closing price of $37.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $49.06 and as low as $33.56. In the recent trading on the day, stock has struck highest price mark of $34.59 while lowest mark touched by it was $36.965.
Taking a look at 20-day trading activity of Truist Financial Corporation (TFC) gives us an average price of $39.69, while its current price level is -27.35% below from 52-week high level whereas it is 6.20% 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 $43.06 while that of 200 days or SMA-200 reads an average of $43.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.77% during that period while stretching the period over a month that decreases to 4.04%. 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 34.29 which implies that the stock is in neutral 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 -3.78% down while it is -10.54% when we observe its performance for the past one month. Year-to-date it is -17.84% down and over the past year, the stock is showing a downside performance of -8.55%.
The company is expected to be releasing its next quarterly report on 2025-Jan-16, for which analysts forecasted an EPS of 0.86 while estimate for next year EPS is 3.98. In next quarter, company is expected to be making quarterly sales of $5.12B as analysts are expecting the sales for current fiscal year at $20.49B and seeing the company making $21.54B in sales next year. Moreover, analysts are in estimates of $4.94B 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 78.71% 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 10.70 while having a 7.82 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 0.81 while price to sale or P/S ratio amounts to 1.90. Its return on asset (ROA) is -0.01% on average.
