At the time of writing, PNC Financial Services Group Inc [PNC] stock is trading at $147.89, up 0.43%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PNC shares have lost -4.02% over the last week, with a monthly amount drifted -1.48%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PNC Financial Services Group Inc [NYSE: PNC] stock has seen the most recent analyst activity on March 28, 2024, when HSBC Securities upgraded its rating to a Hold and also boosted its price target to $155 from $141. Previously, Odeon upgraded its rating to Buy on December 14, 2023. On October 11, 2023, upgrade upgraded it’s rating to Neutral. HSBC Securities started tracking the stock assigning a Reduce rating and suggested a price target of $110 on September 07, 2023. Odeon downgraded its rating to a Hold. Keefe Bruyette downgraded its rating to Underperform for this stock on April 06, 2023, and downed its price target to $125. In a note dated March 13, 2023, Citigroup upgraded an Buy rating on this stock but restated the target price of $175.
For the past year, the stock price of PNC Financial Services Group Inc fluctuated between $109.40 and $162.24. Currently, Wall Street analysts expect the stock to reach $190.94 within the next 12 months. PNC Financial Services Group Inc [NYSE: PNC] shares were valued at $147.89 at the most recent close of the market. An investor can expect a potential return of 29.11% based on the average PNC price forecast.
Analyzing the PNC fundamentals
According to PNC Financial Services Group Inc [NYSE:PNC], the company’s sales were 32.31B for trailing twelve months, which represents an 8.90% jump. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.87%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.94.
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 146.81 points at the first support level, and at 145.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 149.04, and for the 2nd resistance point, it is at 150.20.
Ratios To Look Out For
It is important to note that PNC Financial Services Group Inc [NYSE:PNC] has a current ratio of 0.61. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 1.15 and price to earnings (TTM) ratio is 12.42.
Transactions by insiders
Recent insider trading involved HANNON MICHAEL J, Executive Vice President, that happened on Feb 12 ’24 when 3000.0 shares were sold. Executive Vice President, Deborah Guild completed a deal on Nov 30 ’23 to sell 1533.0 shares. Meanwhile, Director Salesky Bryan Scott bought 400.0 shares on Jun 07 ’23.
