U.S. Bancorp (NYSE: USB) is -23.39% lower on its value in year-to-date trading and has touched a low of $43.74 and a high of $63.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The USB stock was last observed hovering at around $43.93 in the last trading session, with the day’s loss setting it -0.9% off its average median price target of $52.00 for the next 12 months. It is also 36.72% off the consensus price target high of $68.00 offered by 25 analysts, but current levels are 4.38% higher than the price target low of $45.00 for the same period.
Currently trading at $43.03, the stock is -6.56% and -8.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.9 million and changing -2.05% at the moment leaves the stock -17.30% off its SMA200. USB registered -25.71% loss for a year compared to 6-month loss of -22.95%.
The stock witnessed a -9.24% gain in the last 1 month and extending the period to 3 months gives it a -5.88%, and is -6.19% down 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 2.76% over the week and 2.34% over the month.
U.S. Bancorp (USB) has around 68796 employees, a market worth around $63.93B and $14.01B in sales. Current P/E ratio is 9.91 and Fwd P/E is 8.48. Profit margin for the company is 46.00%. Distance from 52-week low is -1.63% and -32.31% from its 52-week high. The company has generated returns on investments over the last 12 months (14.40%).
U.S. Bancorp (USB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for U.S. Bancorp (USB) is a “Overweight”. 25 analysts offering their recommendations for the stock have an average rating of 2.60, where 15 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
U.S. Bancorp is expected to release its quarterly report on 10/14/2022.The EPS is expected to grow by 66.80% this year
U.S. Bancorp (USB) Top Institutional Holders
The shares outstanding are 1.49B, and float is at 1.48B with Short Float at 0.72%.
U.S. Bancorp (USB) Insider Activity
A total of 0 insider transactions have happened at U.S. Bancorp (USB) in the last six months, with sales accounting for 0 and purchases happening 0 times.
U.S. Bancorp (USB): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corporation (BAC) that is trading -19.03% down over the past 12 months and Great Southern Bancorp Inc. (GSBC) that is 14.11% higher over the same period. Wells Fargo & Company (WFC) is -11.81% down on the 1-year trading charts.