Toronto Dominion Bank [TD] stock is trading at $61.15, up 0.33%. 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 gain 2.10% over the last week, with a monthly amount glided 2.60%, 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 [TD] stock has fluctuated between $51.25 and $64.91 over the past year. 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 $61.15 at the most recent close of the market. An investor can expect a potential return of 46.39% based on the average TD price forecast.
Analyzing the TD fundamentals
Toronto Dominion Bank [NYSE:TD] reported sales of 87.87B for the trailing twelve months, which represents a drop of -2.23%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.15%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.
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 60.90 points at the first support level, and at 60.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.39, and for the 2nd resistance point, it is at 61.64.
Ratios To Look Out For
For context, Toronto Dominion Bank’s Current Ratio is 0.52. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 1.44 and price to earnings (TTM) ratio is 17.90.
