PNC Financial Services Group Inc (NYSE: PNC) is -6.78% lower on its value in year-to-date trading and has touched a low of $143.52 and a high of $216.26 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 PNC stock was last observed hovering at around $178.98 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $179.77, the stock is -5.46% and -7.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 0.44% at the moment leaves the stock -1.92% off its SMA200. PNC registered 15.89% gain for a year compared to 6-month gain of -1.42%.
The stock witnessed a -9.61% loss in the last 1 month and extending the period to 3 months gives it a -13.99%, and is -6.33% 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 3.08% over the week and 2.15% over the month.
PNC Financial Services Group Inc (PNC) has around 53686 employees, a market worth around $71.14B and $33.91B in sales. Current P/E ratio is 13.07 and Fwd P/E is 10.24. Profit margin for the company is 16.21%. Distance from 52-week low is 25.26% and -16.87% from its 52-week high. The company has generated returns on investments over the last 12 months (5.53%).
with sales reaching $5.5B over the same period.The EPS is expected to grow by 11.81% this year, but quarterly earnings will post 6.06% year-over-year. Quarterly sales are estimated to grow 6.94% in year-over-year returns.
PNC Financial Services Group Inc (PNC) Top Institutional Holders
The shares outstanding are 395.94M, and float is at 394.08M with Short Float at 1.27%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.08 million shares valued at $5.77 billion. The investor’s holdings represent 9.2709% of the PNC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.99 million shares valued at $4.51 billion to account for 7.2469 of the shares outstanding. The other top investors are STATE STREET CORP which holds 17.2 million shares representing 4.2997% and valued at over $2.67 billion, while FMR LLC holds 4.291 of the shares totaling 17.16 million with a market value of $2.67 billion.
PNC Financial Services Group Inc (PNC) Insider Activity
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PNC Financial Services Group Inc disclosed in a document filed with the SEC on Feb 28 ’25 that DEMCHAK WILLIAM S (CEO) sold a total of 1,242 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $190.18 per share for $0.24 million. Following the transaction, the insider now directly holds 0.57 million shares of the PNC stock.
Still, SEC filings show that on Feb 28 ’25, DEMCHAK WILLIAM S (Officer) Proposed Sale 1,242 shares at an average price of $190.18 for $0.24 million. The insider now directly holds shares of PNC Financial Services Group Inc (PNC).
