Wells Fargo & Co. [WFC] stock prices are down -0.79% to $56.68 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WFC shares have lost -1.61% over the last week, with a monthly amount glided 0.14%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 26, March 2024, Wells Fargo Announces 2025 Earnings Release Date Information. In a post published today on Yahoo Finance, Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third and fourth quarters of 2025. For each of the earnings dates below, financial results will be released at approximately 7 a.m. Eastern time, and the live conference call will be at 10 a.m. Eastern time. Confirmation of these calls, as well as details on how to listen, will be provided before the scheduled release dates.
From an analyst’s perspective:
Wells Fargo & Co. [NYSE: WFC] stock has seen the most recent analyst activity on March 27, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also boosted its price target to $62 from $56. Previously, Odeon downgraded its rating to Hold on January 18, 2024. On January 09, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $51 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $55 on January 08, 2024. Odeon upgraded its rating to a Buy. HSBC Securities started tracking with a Hold rating for this stock on September 07, 2023, and assigned it a price target of $45. In a note dated July 17, 2023, Odeon downgraded an Hold rating on this stock but restated the target price of $43.75.
The stock price of Wells Fargo & Co. [WFC] has been fluctuating between $36.27 and $58.44 over the past year. Currently, Wall Street analysts expect the stock to reach $56.29 within the next 12 months. Wells Fargo & Co. [NYSE: WFC] shares were valued at $56.68 at the most recent close of the market. An investor can expect a potential drop of -0.69% based on the average WFC price forecast.
Analyzing the WFC fundamentals
The Wells Fargo & Co. [NYSE:WFC] reported sales of 117.07B for trailing twelve months, representing a drop of -25.14%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.18.
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 56.15 points at the first support level, and at 55.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.61, and for the 2nd resistance point, it is at 58.53.
Wells Fargo & Co. [WFC] reported earnings per share of $1.29 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.17/share, meaning a difference of $0.12 and a surprise factor of 10.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.48 per share as compared to estimates of $1.24 per share, a difference of $0.24 representing a surprise of 19.40%.
Ratios To Look Out For
It’s worth pointing out that Wells Fargo & Co. [NYSE:WFC]’s Current Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 11.74.
Transactions by insiders
Recent insider trading involved DAVIS RICHARD K, Director, that happened on Nov 09 ’23 when 3500.0 shares were purchased.
