Toronto Dominion Bank (NYSE: TD) is -1.41% lower on its value in year-to-date trading and has touched a low of $53.52 and a high of $65.12 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 TD stock was last observed hovering at around $63.27 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $63.71, the stock is 1.41% and 5.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 0.70% at the moment leaves the stock 8.00% off its SMA200. TD registered 10.21% gain for a year compared to 6-month gain of 7.40%. The firm has a 50-day simple moving average (SMA 50) of $60.2768 and a 200-day simple moving average (SMA200) of $59.00205.
The stock witnessed a 5.27% loss in the last 1 month and extending the period to 3 months gives it a 14.50%, and is 0.55% 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 1.34% over the week and 1.40% over the month.
Current P/E ratio is 20.38 and Fwd P/E is 10.51. Profit margin for the company is 6.48%. Distance from 52-week low is 19.04% and -2.17% from its 52-week high. The company has generated returns on investments over the last 12 months (4.69%).
with sales reaching $9.63B over the same period.The EPS is expected to shrink by -0.35% this year, but quarterly earnings will post -0.40% year-over-year. Quarterly sales are estimated to shrink -0.80% in year-over-year returns.
Toronto Dominion Bank (TD) Top Institutional Holders
1040.0 institutions hold shares in Toronto Dominion Bank (TD), with institutional investors hold 58.09% of the company’s shares. The shares outstanding are 1.79B, and float is at 1.74B with Short Float at 1.06%. Institutions hold 58.04% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 142.42 million shares valued at $7.83 billion. The investor’s holdings represent 8.0791% of the TD Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF MONTREAL /CAN/ with 85.56 million shares valued at $4.74 billion to account for 4.8535 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 71.41 million shares representing 4.0511% and valued at over $3.92 billion, while CIBC WORLD MARKET INC. holds 2.8565 of the shares totaling 50.35 million with a market value of $2.77 billion.
Toronto Dominion Bank (TD) Insider Activity
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