Toronto Dominion Bank (NYSE: TD) is -18.52% lower on its value in year-to-date trading and has touched a low of $51.74 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 $51.96 in the last trading session, with the day’s gains setting it 0.69%.
Currently trading at $52.65, the stock is -5.38% and -7.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing 1.33% at the moment leaves the stock -9.12% off its SMA200. TD registered -11.29% loss for a year compared to 6-month gain of -4.64%. The firm has a 50-day simple moving average (SMA 50) of $57.4376 and a 200-day simple moving average (SMA200) of $57.97555.
The stock witnessed a -7.29% loss in the last 1 month and extending the period to 3 months gives it a -13.79%, and is -6.32% 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 2.21% over the week and 1.49% over the month.
Current P/E ratio is 15.17 and Fwd P/E is 8.90. Profit margin for the company is 6.93%. Distance from 52-week low is 1.76% and -19.15% from its 52-week high. The company has generated returns on investments over the last 12 months (4.48%).
The EPS is expected to shrink by -0.74% this year.
Toronto Dominion Bank (TD) Top Institutional Holders
1062.0 institutions hold shares in Toronto Dominion Bank (TD), with institutional investors hold 59.62% of the company’s shares. The shares outstanding are 1.75B, and float is at 1.74B with Short Float at 1.84%. Institutions hold 59.57% 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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