U.S. Bancorp (NYSE: USB) is -0.79% lower on its value in year-to-date trading and has touched a low of $37.81 and a high of $53.98 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 $46.87 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $47.45, the stock is -2.09% and -4.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.38 million and changing 1.24% at the moment leaves the stock 4.99% off its SMA200. USB registered 16.04% gain for a year compared to 6-month gain of 12.04%. The firm has a 50-day simple moving average (SMA 50) of $49.8026 and a 200-day simple moving average (SMA200) of $45.1562.
The stock witnessed a -0.86% loss in the last 1 month and extending the period to 3 months gives it a -1.78%, and is -2.04% 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 2.03% over the week and 2.23% over the month.
U.S. Bancorp (USB) has around 70000 employees, a market worth around $74.02B and $42.22B in sales. Current P/E ratio is 12.53 and Fwd P/E is 9.76. Profit margin for the company is 14.19%. Distance from 52-week low is 25.50% and -12.10% from its 52-week high. The company has generated returns on investments over the last 12 months (5.14%).
with sales reaching $6.92B over the same period.The EPS is expected to grow by 14.94% this year, but quarterly earnings will post 4.88% year-over-year. Quarterly sales are estimated to grow 3.46% in year-over-year returns.
U.S. Bancorp (USB) Top Institutional Holders
2139.0 institutions hold shares in U.S. Bancorp (USB), with institutional investors hold 80.20% of the company’s shares. The shares outstanding are 1.56B, and float is at 1.56B with Short Float at 1.45%. Institutions hold 80.09% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 135.59 million shares valued at $5.38 billion. The investor’s holdings represent 8.697% of the USB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 110.54 million shares valued at $4.39 billion to account for 7.0906 of the shares outstanding. The other top investors are STATE STREET CORP which holds 66.46 million shares representing 4.2632% and valued at over $2.67 billion, while MUFG BANK, LTD. holds 4.2279 of the shares totaling 65.91 million with a market value of $2.62 billion.
U.S. Bancorp (USB) Insider Activity
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Still, SEC filings show that on Feb 03 ’25, DOLAN TERRANCE R (Officer) Proposed Sale 66,317 shares at an average price of $46.96 for $3.11 million. The insider now directly holds shares of U.S. Bancorp (USB).
