At the time of writing, Toronto Dominion Bank [TD] stock is trading at $71.30, up 0.56%. 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 1.48% over the last week, with a monthly amount glided 10.13%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies downgraded its rating to Hold on February 18, 2025. On January 17, 2025, upgrade upgraded it’s rating to Buy. BMO Capital Markets upgraded its rating to a Outperform. Jefferies upgraded its rating to a Buy. Scotiabank downgraded its rating to Sector Perform for this stock on December 06, 2024. In a note dated December 06, 2024, Desjardins downgraded an Hold rating on this stock.
For the past year, the stock price of Toronto Dominion Bank fluctuated between $51.25 and $71.48. 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 $71.30 at the most recent close of the market. An investor can expect a potential return of 25.55% based on the average TD price forecast.
Analyzing the TD fundamentals
According to Toronto Dominion Bank [NYSE:TD], the company’s sales were 91.86B for trailing twelve months, which represents an 18.45% jump. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.15 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.98.
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 70.92 points at the first support level, and at 70.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.65, and for the 2nd resistance point, it is at 72.01.
Ratios To Look Out For
It is important to note that Toronto Dominion Bank [NYSE:TD] has a current ratio of 0.60. Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 1.48 and price to earnings (TTM) ratio is 10.42.
