It’s still a bull thesis, just subverted: U.S. Bancorp. (USB)

U.S. Bancorp. [USB] stock prices are up 1.86% to $47.12 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The USB shares have gain 5.96% over the last week, with a monthly amount glided 5.60%, 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 September 30, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $57 from $54. Previously, JP Morgan downgraded its rating to Neutral on June 27, 2024, and kept the price target unchanged to $43.50. On April 18, 2024, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $45 on the stock. HSBC Securities upgraded its rating to a Buy and increased its price target to $53 on March 28, 2024. Compass Point upgraded its rating to a Buy and raised its price target to $49 on March 22, 2024. Stephens downgraded its rating to Equal-Weight for this stock on December 20, 2023. In a note dated December 15, 2023, Robert W. Baird downgraded an Neutral rating on this stock but restated the target price of $52.

The stock price of U.S. Bancorp. [USB] has been fluctuating between $30.47 and $47.31 over the past year. Currently, Wall Street analysts expect the stock to reach $54.5 within the next 12 months. U.S. Bancorp. [NYSE: USB] shares were valued at $47.12 at the most recent close of the market. An investor can expect a potential return of 15.66% based on the average USB price forecast.

Analyzing the USB fundamentals

The U.S. Bancorp. [NYSE:USB] reported sales of 41.65B for trailing twelve months, representing a surge 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 46.41 points at the first support level, and at 45.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.52, and for the 2nd resistance point, it is at 47.91.

Ratios To Look Out For

It’s worth pointing out that U.S. Bancorp. [NYSE:USB]’s Current Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 1.48 and price to earnings (TTM) ratio is 14.95.

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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