Capital One Financial Corporation [COF] Analysis: Why COF Stock Is Skyrocketing Today

Over the past three months, Capital One Financial Corporation [COF] ended the trading day at $92.24 and exhibited a change of 1.05% with a 24 hour trading and reached upto the volume of 3.08M compared to its recorded trading volume of 2.19 million. COF generated a 1 year amount change with -7.36%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 5.10% with an amount shift of 22.09% over the last month.

On 29, October 2020, Capital One Announces Quarterly Dividend. According to news published on Yahoo Finance, Company also declares preferred stock dividend.

Analyst Birdseye View:

The most recent analyst activity for Capital One Financial Corporation [NYSE:COF] stock was on July 31, 2020, when it was Initiated with an Outperform rating from Wolfe Research. Before that, on November 30, 2020, Morgan Stanley Recapitulated an Overweight rating and elevated its amount target to $131. On June 22, 2020, UBS Upgrade a Buy rating and boosted its price target on this stock from $54 to $105. On March 26, 2020, Oppenheimer Upgrade an Outperform rating. On March 20, 2020, Nomura Upgrade a Buy rating and decreased its price target to $105. On January 07, 2020, UBS Downgrade a Neutral rating and boosted its amount on this stock to $108. On October 25, 2019, BMO Capital Markets Reiterated an Outperform rating and boosted its target amount on this stock from $141 to $153. On July 08, 2019 Deutsche Bank Resumed a Hold rating and elevated its amount target to $98.

In the past 52 weeks of trading, this stock has oscillated between a low of $38.00 and a peak of $107.59. Right now, the middling Wall Street analyst 12-month amount mark is $97.50. At the most recent market close, shares of Capital One Financial Corporation [NYSE:COF] were valued at $92.24. According to the average price forecast, investors can expect a potential return of -1.27%.

FUNDAMENTAL ANALYSIS

Capital One Financial Corporation [NYSE:COF] most recently reported quarterly sales of 6.21 billion, which represented growth of -12.20%. This publicly-traded organization’s revenue is $649,595 per employee, while its income is $105,568 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.43, 9.99, 12.57 and 5.86 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 41.17 and the whole liability to whole assets at 10.35. It shows enduring liability to the whole principal at 40.54 and enduring liability to assets at 0.10 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 91.02 points at 1st support level, the second support level is making up to 89.81. But as of 1st resistance point, this stock is sitting at 93.30 and at 94.37 for 2nd resistance point.

Capital One Financial Corporation [COF] reported its earnings at $5.06 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $2.13/share signifying the difference of 2.93 and 137.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$2.21 calling estimates for -$1.68/share with the difference of -0.53 depicting the surprise of -31.50%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.43, it’s amount to book ratio is 0.81 and showing 45.11 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by FAIRBANK RICHARD D, Chairman, CEO and President, and it was the sale of 31050.0 shares on Nov 13. FAIRBANK RICHARD D, the Chairman, CEO and President, completed a sale of 31205.0 shares on Nov 12. On Nov 11, FAIRBANK RICHARD D, Chairman, CEO and President, completed a sale of 30940.0 shares.