PNC Financial Services Group Inc (NYSE: PNC) is -9.26% lower on its value in year-to-date trading and has touched a low of $145.12 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 $166.44 in the last trading session, with the day’s gains setting it 8.56%.
Currently trading at $175.00, the stock is 9.25% and 5.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.44 million and changing 5.14% at the moment leaves the stock -5.17% off its SMA200. PNC registered 11.32% gain for a year compared to 6-month loss of -14.62%.
The stock witnessed a 15.01% gain in the last 1 month and extending the period to 3 months gives it a -11.29%, and is 5.61% 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 1.51% over the week and 2.29% over the month.
PNC Financial Services Group Inc (PNC) has around 53686 employees, a market worth around $69.22B and $33.43B in sales. Current P/E ratio is 12.35 and Fwd P/E is 10.18. Profit margin for the company is 16.92%. Distance from 52-week low is 20.59% and -19.08% from its 52-week high. The company has generated returns on investments over the last 12 months (5.64%).
The EPS is expected to grow by 9.61% this year.
PNC Financial Services Group Inc (PNC) Top Institutional Holders
The shares outstanding are 395.79M, and float is at 393.91M with Short Float at 1.18%.
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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Still, SEC filings show that on May 02 ’25, DEMCHAK WILLIAM S (CEO) disposed off 1,242 shares at an average price of $163.16 for $0.2 million. The insider now directly holds 558,605 shares of PNC Financial Services Group Inc (PNC).
