Truist Financial Corporation [TFC] stock is trading at $43.42, down -0.05%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TFC shares have gain 1.09% over the last week, with a monthly amount glided 4.05%, 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:
Truist Financial Corporation [NYSE: TFC] stock has seen the most recent analyst activity on August 09, 2024, when Wolfe Research upgraded its rating to a Peer Perform. Previously, Citigroup downgraded its rating to Neutral on July 24, 2024, and elevated its price target to $47. On July 17, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $45 on the stock. Compass Point upgraded its rating to Buy for this stock on April 23, 2024, but kept the price target unchanged to $42. In a note dated March 19, 2024, Stephens upgraded an Overweight rating on this stock and boosted its target price from $41 to $43.
Truist Financial Corporation [TFC] stock has fluctuated between $27.01 and $45.31 over the past year. Currently, Wall Street analysts expect the stock to reach $53.53 within the next 12 months. Truist Financial Corporation [NYSE: TFC] shares were valued at $43.42 at the most recent close of the market. An investor can expect a potential return of 23.28% based on the average TFC price forecast.
Analyzing the TFC fundamentals
Truist Financial Corporation [NYSE:TFC] reported sales of 25.16B for the trailing twelve months, which represents a drop of -7.45%. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.03 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
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 42.99 points at the first support level, and at 42.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.74, and for the 2nd resistance point, it is at 44.06.
Ratios To Look Out For
For context, Truist Financial Corporation’s Current Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 0.98.
Transactions by insiders
Recent insider trading involved Weaver David Hudson, Officer, that happened on Aug 14 ’24 when 5000.0 shares were purchased. Corp. Controller, Exec VP, Powell Cynthia B completed a deal on Jul 25 ’24 to sell 6688.0 shares. Meanwhile, Chairman & CEO ROGERS WILLIAM H JR bought 57300.0 shares on Jul 23 ’24.
