Truist Financial Corporation [TFC] stock is trading at $45.39, up 3.37%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TFC shares have gain 3.23% over the last week, with a monthly amount drifted -0.72%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Truist Financial Corporation [NYSE: TFC] stock has seen the most recent analyst activity on January 07, 2025, when HSBC Securities upgraded its rating to a Buy but kept the price target unchanged to $50 for it. Previously, Wolfe Research upgraded its rating to Peer Perform on August 09, 2024. On July 24, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $47 on the stock. Robert W. Baird downgraded its rating to a Neutral but stick to its price target of $45 on July 17, 2024. In a note dated April 23, 2024, Compass Point upgraded an Buy rating on this stock but restated the target price of $42.
Truist Financial Corporation [TFC] stock has fluctuated between $34.23 and $49.06 over the past year. Currently, Wall Street analysts expect the stock to reach $46.86 within the next 12 months. Truist Financial Corporation [NYSE: TFC] shares were valued at $45.39 at the most recent close of the market. An investor can expect a potential return of 3.24% based on the average TFC price forecast.
Analyzing the TFC fundamentals
Truist Financial Corporation [NYSE:TFC] reported sales of 25.10B for the trailing twelve months, which represents a drop of -8.24%. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.07%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.
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 45.05 points at the first support level, and at 44.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.65, and for the 2nd resistance point, it is at 45.92.
Ratios To Look Out For
For context, Truist Financial Corporation’s Current Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 2.40, the price to book ratio is 1.02.
Transactions by insiders
Recent insider trading involved Boyer K. David Jr., Director, that happened on Dec 04 ’24 when 4966.0 shares were sold. Director, Boyer K. David Jr. completed a deal on Dec 04 ’24 to buy 4966.0 shares. Meanwhile, Chairman & CEO ROGERS WILLIAM H JR bought 34180.0 shares on Nov 25 ’24.
