Investors may find better financial performance in PNC Financial Services Group Inc (PNC)

PNC Financial Services Group Inc [PNC] stock is trading at $174.92, up 0.89%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PNC shares have gain 1.80% over the last week, with a monthly amount drifted -1.40%, and not 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

From an analyst’s perspective:

PNC Financial Services Group Inc [NYSE: PNC] stock has seen the most recent analyst activity on August 15, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $200 from $185. Previously, UBS upgraded its rating to Buy on July 08, 2024, and elevated its price target to $179. On March 28, 2024, upgrade upgraded it’s rating to Hold and revised its price target to $155 on the stock. Odeon upgraded its rating to a Buy. BofA Securities upgraded its rating to a Neutral. HSBC Securities started tracking with a Reduce rating for this stock on September 07, 2023, and assigned it a price target of $110. In a note dated July 21, 2023, Odeon downgraded an Hold rating on this stock.

PNC Financial Services Group Inc [PNC] stock has fluctuated between $109.40 and $182.84 over the past year. Currently, Wall Street analysts expect the stock to reach $187.68 within the next 12 months. PNC Financial Services Group Inc [NYSE: PNC] shares were valued at $174.92 at the most recent close of the market. An investor can expect a potential return of 7.29% based on the average PNC price forecast.

Analyzing the PNC fundamentals

PNC Financial Services Group Inc [NYSE:PNC] reported sales of 32.62B for the trailing twelve months, which represents a growth of 2.51%. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at 0.45%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.38.

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 173.51 points at the first support level, and at 172.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.03, and for the 2nd resistance point, it is at 177.14.

Ratios To Look Out For

For context, PNC Financial Services Group Inc’s Current Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 2.13, the price to book ratio is 1.50 and price to earnings (TTM) ratio is 14.66.

Transactions by insiders

Recent insider trading involved DEMCHAK WILLIAM S, CEO, that happened on Aug 16 ’24 when 1242.0 shares were sold. Officer, DEMCHAK WILLIAM S completed a deal on Aug 16 ’24 to buy 1242.0 shares. Meanwhile, CEO DEMCHAK WILLIAM S sold 1242.0 shares on Aug 09 ’24.

Related Posts