U.S. Bancorp (NYSE:USB) saw a downside of -0.77% to close Monday at $61.85 after subtracting -$0.48 on the day. The 5-day average trading volume is 4,755,060 shares of the company’s common stock. It has gained $63.00 in the past week. An average of 6,414,535 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,204,774.
USB’s 1-month performance is 11.54% or $6.40 on its low of $54.58 reached on 09/20/21. The company’s shares have touched a 52-week low of $36.57 and high of $62.62, with the stock’s rally to the 52-week high happening on 10/11/21. YTD, USB has achieved 32.75% or $15.26. However, the current price is down -1.22%% from the 52-week high price.
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On May 18, 147 days have gone by since the last insider trading activity for U.S. Bancorp (USB). Quinn Katherine B (Vice Chair) most recently sold 25,000 shares at $61.47 per share on May 18. This transaction cost the insider $1,536,750. Senior EVP & Chief Credit Off, Runkel Mark G., sold 35,374 shares at a price of $60.76 on May 06. Then, on Apr 30, Vice Chair & CFO DOLAN TERRANCE R sold 19,149 shares at a price of $59.11 per share. This transaction amounted to $1,131,897.
The company’s PE ratio for the last five years has touched a high of 18.33 and a low of 6.988. USB stock has a beta of 1.13. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 6.61 while the price-to-book (PB) in the most recent quarter is 1.96, with the price to cash flow ratio at 14.69.
U.S. Bancorp pays an annual dividend of $1.84 per share. Its dividend yield is 2.97% and the payout ratio is 36.00%. USB paid $0.46 a share compared with prior rate of $0.42, up 8.7% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.04 reported on Tuesday September 14 2021. Measured over the last 3 years, the Dividend has been growing by 44.83% yearly.
It is projected that U.S. Bancorp’s next ex-dividend date will be on US. USB is expected to distribute $30-Dec as its next dividend.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.77, while the total debt to equity was 0.77 while for the period ending June 29; U.S. Bancorp’s operating margin was 90.90%. The firm’s gross profit as reported stood at $12.82 billion against revenue of $14.84 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected USB to announce $1.14 per share in earnings in its latest quarter, but it posted $1.28, representing a 12.30% surprise. USB stock balance sheet for the quarter ending June 29 shows that, with total debt at $51.04 billion. Shareholders hold equity totaling $1.48 billion
Let’s look briefly at U.S. Bancorp (USB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 66.41% to suggest the stock is trending Neutral, with historical volatility in this time period at 16.21%.
The stock’s 5-day moving average is $61.76, reflecting a +2.18% or $1.32 change from its current price. USB is currently trading +9.39% above its 20-day SMA, +2.96% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +11.36% and +32.36% respectively.
Stochastic %K and %D was 88.59% and 92.58% and the average true range (ATR) pointed at 1.27. The RSI (14) points at 64.14%, while the 14-day stochastic is at 78.18% with the period’s ATR at 1.29. The stock’s 9-day MACD Oscillator is pointing at 0.93 and 1.43 on the 14-day charts.
In the most recent analyst report for U.S. Bancorp (NYSE: USB), Odeon downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for USB stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate USB as a “sell,”, while 11 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 12 have offered a “buy” rating.
What is USB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $54.60 and a high of $76.00, with their median price target at $65.00. Looking at these predictions, the average price target given by analysts is for U.S. Bancorp (USB) stock is $65.41.