Last Week, The Toronto-Dominion Bank (TD) Recorded A Gain Of $50.68

As of Friday close, The Toronto-Dominion Bank’s (NYSE:TD) stock was up $0.59, moving up 0.84 percent to $71.13. The average number of shares traded per day over the past five days has been 4,443,640 shares. 3 times new highs have been achieved over the past 5 days, with a -$1.08 fall in that time frame. In the last twenty days, the average volume was 3,519,760, while in the previous 50 days, it was 2,709,708.


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Since last month, TD stock retreated -4.77%. Shares of the company fell to $69.39 on 05/12/22, the lowest level in the past month. A 52-week high of $86.01 was reached on 02/11/22 after having rallying from a 52-week low of $62.81. Since the beginning of this year, TD’s stock price has dropped by -7.24% or -$5.55, and marked a new high 14 times. However, the stock has declined by -17.31% since its 52-week high.

Valuation Metrics

Right now, The Toronto-Dominion Bank (TD) has a P/E ratio of about 11.45. The stock’s beta is 0.94. Besides these, the trailing price-to-sales (P/S) ratio of 5.72, the price-to-book (PB) ratio of 1.73, and the price-to-cash flow ratio of 6.84 may also be considered.

The latest dividend of $0.7020 per share was paid out, which is 0.89% more than last year’s $0.695830. On Thursday March 3 2022, a $0.006170 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending October 30 was 0.64, and the total debt-to-equity ratio was 3.58. In the year ended October 30, operating margins totaled 84.30%. Based on annual data, TD earned $19.19 billion in gross profit and brought in $23.53 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 5.00%. Return on equity (ROE) for the past 12 months was 15.60%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected The Toronto-Dominion Bank to report $1.56 quarterly earnings, the actual figure was $1.64 per share, beating the consensus estimate by 5.10%.

Technical Picture

This quick technical analysis looks at The Toronto-Dominion Bank’s (TD) price momentum. With a historical volatility rate of 18.72%, the RSI 9-day stood at 39.74% on 13 May.

With respect to its five-day moving average, the current The Toronto-Dominion Bank price is down by -1.50% percent or -$1.08. At present, TD shares trade -4.52% below its 20-day simple moving average and -2.04% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.21% below its SMA50 and +5.88% above its SMA200.

Stochastic coefficient K was 28.21% and Stochastic coefficient D was 19.91%, while ATR was 1.61. Given the Stochastic reading of 36.83% for the 14-day period, the RSI (14) reading has been calculated as 38.92%. As of today, the MACD Oscillator reading stands at -0.88, while the 14-day reading stands at -0.89.

Analyst Ratings

The Toronto-Dominion Bank downgraded its rating on The Toronto-Dominion Bank (NYSE: TD) to a Neutral in a note to investors on April 11, 2022. The analysts firm previously had a Sector outperform rating on the stock.The Toronto-Dominion Bank (TD) has been rated Overweight by analysts. According to 0 brokerage firms , TD is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate The Toronto-Dominion Bank stock as buy, with 2 recommending it as overweight.

With a median target price of $100.50, the current consensus forecast for the stock is $91.00 – $110.00. Based on these forecasts, analysts predict The Toronto-Dominion Bank (TD) will achieve an average price target of $100.50.

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