How Is Truist Financial Corporation (TFC)’s Price-To-Earnings Ratio?

As of Friday close, Truist Financial Corporation’s (NYSE:TFC) stock was down -$0.16, moving down -0.34 percent to $46.31. The average number of shares traded per day over the past five days has been 8,346,020 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.75 fall in that time frame. In the last twenty days, the average volume was 9,703,575, while in the previous 50 days, it was 8,006,600.

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Since last month, TFC stock retreated -10.94%. Shares of the company fell to $45.51 on 05/12/22, the lowest level in the past month. A 52-week high of $68.95 was reached on 01/18/22 after having rallying from a 52-week low of $45.51. Since the beginning of this year, TFC’s stock price has dropped by -20.91% or -$12.24, and marked a new high 10 times. However, the stock has declined by -32.84% since its 52-week high.

Truist Financial Corporation (TFC) last reported insider trading activity 10 days ago on May 04. VOORHEES STEVEN C, the Director of the company, purchased of 20,000 shares for $49.82 on May 04. It resulted in a $996,320 investment by the insider. KING KELLY S sold 29 shares at an average price of $52.55 on Apr 21. The insider now owns 1,237 shares following the transaction. On Apr 20, Director KING KELLY S sold 1 shares at $52.01 apiece. The transaction was valued at $30.

Valuation Metrics

Right now, Truist Financial Corporation (TFC) has a P/E ratio of about 10.34. The stock’s beta is 1.17. Besides these, the trailing price-to-sales (P/S) ratio of 4.55, the price-to-book (PB) ratio of 1.05.

The latest dividend of $0.48 per share was paid out, remained unchanged from last year’s $0.48. On Tuesday July 27 2021, a $0.03 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.56, and the total debt-to-equity ratio was 0.56. Based on annual data, TFC earned $13.01 billion in gross profit and brought in $13.77 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.60%. Return on equity (ROE) for the past 12 months was 9.80%.

In Truist Financial Corporation’s quarter-end financial report for September 29, it reported total debt of $33.77 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Truist Financial Corporation to report $1.21 quarterly earnings, the actual figure was $1.42 per share, beating the consensus estimate by 17.40%. The value of shareholders’ equity is $1.33 billion.

Technical Picture

This quick technical analysis looks at Truist Financial Corporation’s (TFC) price momentum. With a historical volatility rate of 23.11%, the RSI 9-day stood at 21.60% on 13 May.

With respect to its five-day moving average, the current Truist Financial Corporation price is down by -5.61% percent or -$2.75. At present, TFC shares trade -11.18% below its 20-day simple moving average and -16.81% percent below its 100-day simple moving average. However, the stock is currently trading approximately -23.52% below its SMA50 and -16.29% below its SMA200.

Stochastic coefficient K was 10.64% and Stochastic coefficient D was 8.81%, while ATR was 1.57. Given the Stochastic reading of 13.94% for the 14-day period, the RSI (14) reading has been calculated as 25.32%. As of today, the MACD Oscillator reading stands at -1.74, while the 14-day reading stands at -2.25.

Analyst Ratings

Truist Financial Corporation downgraded its rating on Truist Financial Corporation (NYSE: TFC) to a Neutral in a note to investors on April 11, 2022. The analysts firm previously had a Buy rating on the stock.Truist Financial Corporation (TFC) has been rated Overweight by analysts. According to 2 brokerage firms, TFC is a sell, and 12 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Truist Financial Corporation stock as buy, with 10 recommending it as overweight.

With a median target price of $62.00, the current consensus forecast for the stock is $53.00 – $75.00. Based on these forecasts, analysts predict Truist Financial Corporation (TFC) will achieve an average price target of $63.36.


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