At the time of writing, Toronto Dominion Bank [TD] stock is trading at $60.04, up 3.59%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TD shares have gain 6.17% over the last week, with a monthly amount glided 10.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Toronto Dominion Bank [NYSE: TD] stock has seen the most recent analyst activity on January 17, 2025, when BofA Securities upgraded its rating to a Buy. Previously, BMO Capital Markets upgraded its rating to Outperform on December 19, 2024. On December 12, 2024, upgrade upgraded it’s rating to Buy. Scotiabank downgraded its rating to a Sector Perform. Desjardins downgraded its rating to a Hold. Barclays downgraded its rating to Underweight for this stock on November 21, 2024. In a note dated October 11, 2024, RBC Capital Mkts downgraded an Sector Perform rating on this stock.
For the past year, the stock price of Toronto Dominion Bank fluctuated between $51.25 and $64.91. Currently, Wall Street analysts expect the stock to reach $89.52 within the next 12 months. Toronto Dominion Bank [NYSE: TD] shares were valued at $60.04 at the most recent close of the market. An investor can expect a potential return of 49.1% based on the average TD price forecast.
Analyzing the TD fundamentals
According to Toronto Dominion Bank [NYSE:TD], the company’s sales were 88.35B for trailing twelve months, which represents an 10.75% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.08 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.0.
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 58.96 points at the first support level, and at 57.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.62, and for the 2nd resistance point, it is at 61.19.
Ratios To Look Out For
It is important to note that Toronto Dominion Bank [NYSE:TD] has a current ratio of 0.56. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 17.29.
