That’s why I Feel Comfortable With Capital One Financial Corporation’s (COF) Future

Capital One Financial Corporation [COF] stock prices are down -0.57% to $106.51 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The COF shares have gain 2.78% over the last week, with a monthly amount glided 18.71%, and seem to be holding up well over a long-time horizon.

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On 24, January 2023, Capital One Reports Fourth Quarter 2022 Net Income of $1.2 billion, or $3.03 per share. In a post published today on Yahoo Finance, Net of adjusting items, Fourth Quarter 2022 Net Income of $2.82 per share(1).

From an analyst’s perspective:

Capital One Financial Corporation [NYSE: COF] stock has seen the most recent analyst activity on January 10, 2023, when Jefferies downgraded its rating to a Hold and also revised its price target to $100 from $120. Previously, Stephens downgraded its rating to Underweight on January 05, 2023, and kept the price target unchanged to $79. On January 03, 2023, downgrade downgraded it’s rating to Equal Weight and revised its price target to $119 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $90 on December 01, 2022. UBS initiated its recommendation with a Neutral and recommended $120 as its price target on November 21, 2022. BofA Securities downgraded its rating to Neutral for this stock on November 15, 2022, and downed its price target to $113. In a note dated July 12, 2022, Oppenheimer downgraded an Perform rating on this stock.

The stock price of Capital One Financial Corporation [COF] has been fluctuating between $86.98 and $160.54 over the past year. Capital One Financial Corporation [NYSE: COF] shares were valued at $106.51 at the most recent close of the market.

Analyzing the COF fundamentals

The most recent quarter, Capital One Financial Corporation [NYSE:COF] reported sales of 8.2 billion, representing a surge of 25.40%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 105.22 points at the first support level, and at 103.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 108.35, and for the 2nd resistance point, it is at 110.18.

Capital One Financial Corporation [COF] reported earnings per share of $4.2 for its fiscal quarter that ended on 9/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $5.04/share, meaning a difference of -$0.84 and a surprise factor of -16.70%. By comparison, the stated earnings for the previous quarter ended on 6/29/2022 were $4.96 per share as compared to estimates of $5.09 per share, a difference of -$0.13 representing a surprise of -2.60%.

Transactions by insiders

We now turn our attention to insider trading, which in the past 3 months has resulted in 11 insider buyings of 137,915 shares and 23 insider sellings of 147,318 shares. Recent insider trading involved West Kara, Chief Audit Officer, that happened on Nov 14 when 606.0 shares were sold. Chairman and CEO, FAIRBANK RICHARD D completed a deal on Nov 14 to sell 12537.0 shares. Meanwhile, Chief Information Officer Alexander Robert M. sold 7857.0 shares on Nov 11.