Is U.S. Bancorp. (USB) Stock a Good Buy for Short-term Investors?

U.S. Bancorp. [USB] stock is trading at $46.47, up 2.86%. 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 USB shares have gain 5.97% over the last week, with a monthly amount glided 6.24%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

U.S. Bancorp. [NYSE: USB] stock has seen the most recent analyst activity on June 27, 2024, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $43.50 for it. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on April 18, 2024, and dropped its price target to $45. On March 28, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $53 on the stock. Compass Point upgraded its rating to a Buy and increased its price target to $49 on March 22, 2024. Stephens downgraded its rating to a Equal-Weight. Robert W. Baird downgraded its rating to Neutral for this stock on December 15, 2023, but kept the price target unchanged to $52. In a note dated December 14, 2023, Odeon upgraded an Buy rating on this stock.

U.S. Bancorp. [USB] stock has fluctuated between $30.47 and $47.31 over the past year. Currently, Wall Street analysts expect the stock to reach $54.28 within the next 12 months. U.S. Bancorp. [NYSE: USB] shares were valued at $46.47 at the most recent close of the market. An investor can expect a potential return of 16.81% based on the average USB price forecast.

Analyzing the USB fundamentals

U.S. Bancorp. [NYSE:USB] reported sales of 41.65B for the trailing twelve months, which represents a growth of 4.92%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.23.

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 45.84 points at the first support level, and at 45.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.86, and for the 2nd resistance point, it is at 47.25.

Ratios To Look Out For

For context, U.S. Bancorp.’s Current Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 1.46 and price to earnings (TTM) ratio is 14.75.

Transactions by insiders

Recent insider trading involved Gillani Aleem, Director, that happened on Jul 18 ’24 when 10000.0 shares were purchased. Senior EVP and General Counsel, CHOSY JAMES L completed a deal on Feb 16 ’24 to sell 21582.0 shares. Meanwhile, Chairman, President and CEO CECERE ANDREW sold 93366.0 shares on Feb 15 ’24.

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