U.S. Bancorp’s stock (USB) continues to rise above its goal

A share price of U.S. Bancorp [USB] is currently trading at $53.66, up 0.06%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The USB shares have gain 6.47% over the last week, with a monthly amount glided 10.43%, 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 November 25, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $65 from $49. Previously, Deutsche Bank downgraded its rating to Hold on October 24, 2024, and kept the price target unchanged to $51. On September 30, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $57 on the stock. JP Morgan downgraded its rating to a Neutral but stick to its price target of $43.50 on June 27, 2024. Keefe Bruyette downgraded its rating to a Mkt Perform and reduced its price target to $45 on April 18, 2024. HSBC Securities upgraded its rating to Buy for this stock on March 28, 2024, and upped its price target to $53. In a note dated March 22, 2024, Compass Point upgraded an Buy rating on this stock and boosted its target price from $46 to $49.

U.S. Bancorp experienced fluctuations in its stock price throughout the past year between $36.49 and $53.93. Currently, Wall Street analysts expect the stock to reach $55.07 within the next 12 months. U.S. Bancorp [NYSE: USB] shares were valued at $53.66 at the most recent close of the market. An investor can expect a potential return of 2.63% based on the average USB price forecast.

Analyzing the USB fundamentals

Trailing Twelve Months sales for U.S. Bancorp [NYSE:USB] were 41.59B which represents -0.62% decline. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. 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 1.33.

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 53.36 points at the first support level, and at 53.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.88, and for the 2nd resistance point, it is at 54.09.

Ratios To Look Out For

To put it in perspective, the Current Ratio for U.S. Bancorp [NYSE:USB] is 0.73. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 1.61 and price to earnings (TTM) ratio is 16.43.

Transactions by insiders

Recent insider trading involved Richard Jodi L, Vice Chair, that happened on Oct 18 ’24 when 25000.0 shares were sold. Vice Chair, Kotwal Shailesh M completed a deal on Oct 17 ’24 to sell 35000.0 shares. Meanwhile, Officer Richard Jodi L bought 25000.0 shares on Oct 18 ’24.

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