U.S. Bancorp (NYSE: USB) is 7.30% higher on its value in year-to-date trading and has touched a low of $28.36 and a high of $57.69 in the current 52-week trading range. The USB stock was last observed hovering at around $49.01 in the last trading session, with the day’s gains setting it 0.98% off its average median price target of $52.00 for the next 12 months. It is also 27.55% off the consensus price target high of $69.00 offered by 26 analysts, but current levels are -24.98% lower than the price target low of $40.00 for the same period.
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Currently trading at $49.99, the stock is 8.75% and 14.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.68 million and changing 2.00% at the moment leaves the stock 30.82% off its SMA200. USB registered -12.36% loss for a year compared to 6-month gain of 46.08%. The firm has a 50-day simple moving average (SMA 50) of $45.25 and a 200-day simple moving average (SMA200) of $39.51.
The stock witnessed a 11.58% loss in the last 1 month and extending the period to 3 months gives it a 28.87%, and is 8.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.03% over the week and 2.21% over the month.
U.S. Bancorp (USB) has around 69651 employees, a market worth around $74.60B and $15.62B in sales. Current P/E ratio is 16.56 and Fwd P/E is 15.14. Profit margin for the company is 29.50%. Distance from 52-week low is 76.27% and -13.35% from its 52-week high. The company has generated returns on investments over the last 12 months (11.70%).
U.S. Bancorp (USB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for U.S. Bancorp (USB) is a “Overweight”. 26 analysts offering their recommendations for the stock have an average rating of 2.40, where 14 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
U.S. Bancorp is expected to release its quarterly report on 04/15/2021 and quarterly earnings per share for the current quarter are estimated at $0.95 with sales reaching $5.82B over the same period.The EPS is expected to grow by 0.40% this year, but quarterly earnings will post 1.70% year-over-year. Quarterly sales are estimated to grow 3.20% in year-over-year returns.
U.S. Bancorp (USB) Top Institutional Holders
1,775 institutions hold shares in U.S. Bancorp (USB), with 1.36M shares held by insiders accounting for 0.09% while institutional investors hold 75.28% of the company’s shares. The shares outstanding are 1.51B, and float is at 1.50B with Short Float at 0.89%. Institutions hold 75.21% of the Float.
The top institutional shareholder in the company is Berkshire Hathaway, Inc with over 131.96 million shares valued at $4.73 billion. The investor’s holdings represent 8.76% of the USB Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 109.4 million shares valued at $3.92 billion to account for 7.26% of the shares outstanding. The other top investors are Blackrock Inc. which holds 98.3 million shares representing 6.53% and valued at over $3.52 billion, while State Street Corporation holds 3.86% of the shares totaling 58.08 million with a market value of $2.08 billion.
U.S. Bancorp (USB) Insider Activity
A total of 5 insider transactions have happened at U.S. Bancorp (USB) in the last six months, with sales accounting for 4 and purchases happening 1 times. The most recent transaction is an insider sale by DOLAN TERRANCE R, the company’s Vice Chair & CFO. SEC filings show that DOLAN TERRANCE R sold 50,000 shares of the company’s common stock on Nov 19 at a price of $42.98 per share for a total of $2.15 million. Following the sale, the insider now owns 73758.0 shares.
U.S. Bancorp disclosed in a document filed with the SEC on Nov 05 that Kelligrew James B (Vice Chair) sold a total of 2,868 shares of the company’s common stock. The trade occurred on Nov 05 and was made at $40.55 per share for $0.12 million. Following the transaction, the insider now directly holds 58065.0 shares of the USB stock.
U.S. Bancorp (USB): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corporation (BAC) that is trading -6.03% down over the past 12 months. Wells Fargo & Company (WFC) is -36.71% down on the 1-year trading charts. Short interest in the company’s stock has fallen -25.77% from the last report on Nov 12, 2020 to stand at a total of 16.79 million short shares sold with a short interest ratio of 1.95.