PNC Financial Services Group Inc (NYSE: PNC) is 14.29% higher on its value in year-to-date trading and has touched a low of $109.40 and a high of $170.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PNC stock was last observed hovering at around $169.02 in the last trading session, with the day’s gains setting it 7.96%.
Currently trading at $176.98, the stock is 12.35% and 13.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.4 million and changing 4.71% at the moment leaves the stock 21.63% off its SMA200. PNC registered 40.69% gain for a year compared to 6-month gain of 18.84%.
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The stock witnessed a 16.63% loss in the last 1 month and extending the period to 3 months gives it a 18.33%, and is 9.58% 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 2.61% over the week and 1.96% over the month.
PNC Financial Services Group Inc (PNC) has around 54813 employees, a market worth around $70.42B and $32.43B in sales. Current P/E ratio is 14.87 and Fwd P/E is 12.23. Profit margin for the company is 14.70%. Distance from 52-week low is 61.77% and 3.55% from its 52-week high. The company has generated returns on investments over the last 12 months (4.92%).
with sales reaching $5.41B over the same period.The EPS is expected to shrink by -0.27% this year, but quarterly earnings will post -0.20% year-over-year. Quarterly sales are estimated to shrink -0.70% in year-over-year returns.
PNC Financial Services Group Inc (PNC) Top Institutional Holders
The shares outstanding are 398.03M, and float is at 396.29M with Short Float at 1.44%.
PNC Financial Services Group Inc (PNC) Insider Activity
The most recent transaction is an insider sale by DEMCHAK WILLIAM S,the company’sCEO. SEC filings show that DEMCHAK WILLIAM S sold 1,242 shares of the company’s common stock on Jul 12 ’24 at a price of $167.50 per share for a total of $0.21 million. Following the sale, the insider now owns 0.56 million shares.
PNC Financial Services Group Inc disclosed in a document filed with the SEC on Jul 09 ’24 that DEMCHAK WILLIAM S (CEO) sold a total of 2,404 shares of the company’s common stock. The trade occurred on Jul 09 ’24 and was made at $160.00 per share for $0.38 million. Following the transaction, the insider now directly holds 0.56 million shares of the PNC stock.
Still, SEC filings show that on Jul 05 ’24, DEMCHAK WILLIAM S (CEO) disposed off 641 shares at an average price of $158.10 for $0.1 million. The insider now directly holds 567,041 shares of PNC Financial Services Group Inc (PNC).
