U.S. Bancorp (NYSE: USB) is -1.48% 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 $47.94 in the last trading session, with the day’s loss setting it -0.82%.
Currently trading at $47.12, the stock is -1.46% and -3.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.0 million and changing -1.71% at the moment leaves the stock 3.50% off its SMA200. USB registered 13.41% gain for a year compared to 6-month gain of 9.10%.
The stock witnessed a -2.56% loss in the last 1 month and extending the period to 3 months gives it a -6.34%, and is -0.99% 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 1.67% over the week and 2.03% over the month.
U.S. Bancorp (USB) has around 70000 employees, a market worth around $73.51B and $42.22B in sales. Current P/E ratio is 12.44 and Fwd P/E is 9.69. Profit margin for the company is 14.19%. Distance from 52-week low is 24.62% and -12.71% 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 15.01% this year, but quarterly earnings will post 4.89% year-over-year. Quarterly sales are estimated to grow 3.53% in year-over-year returns.
The shares outstanding are 1.56B, and float is at 1.56B with Short Float at 1.38%.
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 4.2252 of the shares totaling 65.91 million with a market value of $2.62 billion.
U.S. Bancorp (USB) Insider Activity
U.S. Bancorp disclosed in a document filed with the SEC on Feb 05 ’25 that CHOSY JAMES L (Senior EVP and General Counsel) sold a total of 21,451 shares of the company’s common stock. The trade occurred on Feb 05 ’25 and was made at $47.65 per share for $1.02 million. Following the transaction, the insider now directly holds 0.2 million shares of the USB stock.
Still, SEC filings show that on Feb 06 ’25, Richard Jodi L (Vice Chair) disposed off 30,000 shares at an average price of $47.59 for $1.43 million. The insider now directly holds 99,790 shares of U.S. Bancorp (USB).
