Truist Financial Corporation (NYSE:TFC) currently has a daily average trading volume of 9.88M but it saw 8134858 shares traded in last market. With a market cap of 49.47B USD, the company’s current market price of $37.90 came rising about 2.05 while comparing to the previous closing price of $37.14. 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 $36.825 while lowest mark touched by it was $38.08.
Taking a look at 20-day trading activity of Truist Financial Corporation (TFC) gives us an average price of $37.39, while its current price level is -22.74% below from 52-week high level whereas it is 12.93% 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 $41.03 while that of 200 days or SMA-200 reads an average of $43.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.07% during that period while stretching the period over a month that increases to 4.45%. 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 48.44 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 5.28% up while it is -9.76% when we observe its performance for the past one month. Year-to-date it is -12.63% down and over the past year, the stock is showing a downside performance of -0.42%.
The company is expected to be releasing its next quarterly report on 2025-Apr-16, for which analysts forecasted an EPS of 0.94 while estimate for next year EPS is 3.92. In next quarter, company is expected to be making quarterly sales of $5.2B as analysts are expecting the sales for current fiscal year at $20.54B and seeing the company making $21.44B in sales next year. Moreover, analysts are in estimates of $5.03B for current-quarter revenue.
Currently, Truist Financial Corporation’s total number of outstanding shares is 1.31B with 0.22% of that held by the insiders while 83.12% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.69% and return on equity (ROE) at 0.10%. It has a price to earnings ratio (P/E ratio) of 11.18 while having a 8.42 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 2.05. Its return on asset (ROA) is 0.01% on average.
