A share price of M & T Bank Corp [MTB] is currently trading at $185.88, up 0.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTB shares have gain 4.71% over the last week, with a monthly amount glided 7.40%, 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
From an analyst’s perspective:
M & T Bank Corp [NYSE: MTB] stock has seen the most recent analyst activity on October 04, 2024, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $210 for it. Previously, Evercore ISI upgraded its rating to Outperform on October 02, 2024, and elevated its price target to $210. On September 03, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $215 on the stock. Wells Fargo downgraded its rating to a Underweight and decreased its price target to $165 on August 15, 2024. Deutsche Bank downgraded its rating to a Hold but $145 remained the price target by the analyst firm on December 18, 2023. Odeon downgraded its rating to Hold for this stock on September 29, 2023, but kept the price target unchanged to $133.65. In a note dated April 18, 2023, Argus upgraded an Buy rating on this stock but restated the target price of $150.
M & T Bank Corp experienced fluctuations in its stock price throughout the past year between $108.53 and $186.91. Currently, Wall Street analysts expect the stock to reach $188.62 within the next 12 months. M & T Bank Corp [NYSE: MTB] shares were valued at $185.88 at the most recent close of the market. An investor can expect a potential return of 1.47% based on the average MTB price forecast.
Analyzing the MTB fundamentals
Trailing Twelve Months sales for M & T Bank Corp [NYSE:MTB] were 13.11B which represents 1.57% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.
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 184.03 points at the first support level, and at 182.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 188.98, and for the 2nd resistance point, it is at 192.08.
Ratios To Look Out For
To put it in perspective, the Current Ratio for M & T Bank Corp [NYSE:MTB] is 0.50. Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 13.79.
Transactions by insiders
Recent insider trading involved SALAMONE DENIS J, Director, that happened on Sep 03 ’24 when 10000.0 shares were sold. Director, Denis J. Salamone completed a deal on Sep 03 ’24 to buy 10000.0 shares. Meanwhile, Director WALTERS KIRK W sold 10441.0 shares on Aug 22 ’24.
