A share price of Toronto Dominion Bank [TD] is currently trading at $59.73, up 0.22%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TD shares have lost -0.67% over the last week, with a monthly amount glided 3.84%, 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 February 18, 2025, when Jefferies downgraded its rating to a Hold. Previously, BofA Securities upgraded its rating to Buy on January 17, 2025. On December 19, 2024, upgrade upgraded it’s rating to Outperform. Jefferies upgraded its rating to a Buy. Scotiabank downgraded its rating to a Sector Perform. Desjardins downgraded its rating to Hold for this stock on December 06, 2024. In a note dated November 21, 2024, Barclays downgraded an Underweight rating on this stock.
Toronto Dominion Bank experienced fluctuations in its stock price throughout the past year 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 $59.73 at the most recent close of the market. An investor can expect a potential return of 49.87% based on the average TD price forecast.
Analyzing the TD fundamentals
Trailing Twelve Months sales for Toronto Dominion Bank [NYSE:TD] were 88.35B which represents 10.75% growth. 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 59.35 points at the first support level, and at 58.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.00, and for the 2nd resistance point, it is at 60.28.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Toronto Dominion Bank [NYSE:TD] is 0.56. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 17.20.
