The PNC Financial Services Group Inc. (PNC): Find Out What Insiders Are Doing

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The PNC Financial Services Group Inc. (NYSE:PNC) finished Wednesday with a subtraction of -$5.38 to close at $158.45, a downside of -3.28 percent. An average of 1,686,960 shares of common stock have been traded in the last five days. There was a fall of -$3.96 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 1,795,135 shares traded, while the 50-day average volume stands at 1,688,558.

PNC stock has decreased by -4.81% in the last month. The company shares reached their 1-month lowest point of $154.15 on 09/06/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $146.39 and a high of $228.14 in 52 weeks. It has reached a new high 7 times so far this year and lost -20.98% or -$42.07 in price. In spite of this, the price is down -30.55% from the 52-week high.


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Insider Transactions

30 days have passed since The PNC Financial Services Group Inc. (PNC) last reported insider trading activity. Lyons Michael P., who is Executive Vice President, most recently acquired $3,500 shares at $166.96 per share on Aug 23. In this transaction, the insider spent $584,355. Executive Vice President, Deborah Guild, disposed of 1,257 shares at a price of $170.56 on May 03. The insider now owns more than $214,398 worth of shares. Prior to that, Executive Vice President Lyons Michael P. went on to Sale 5,500 shares at $182.59 each on Mar 14. An amount of $1,004,228 was transacted.

Valuation Metrics

The PNC Financial Services Group Inc. (PNC) has a trailing price-to-earnings (P/E) ratio of 12.41. The stock’s beta is 1.18. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.39, the price-to-book (PB) ratio at 1.38, and the price-to-cash flow ratio at 14.77.

The company has a payout ratio of 41.10%. The company’s most recent quarterly dividend payment was $1.50 a share, without any change from last year. Its latest increase dividend $0.25 reported on Friday April 1 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.55 and a total debt to equity ratio of 0.55 for the quarter ending June 29. Its gross profit as reported stood at $10.65 billion compared to revenue of $11.13 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The PNC Financial Services Group Inc.’s return on assets was 1.00%.

Earnings Surprise

For the three-month period that ended June 29, The PNC Financial Services Group Inc. had $7.49 billion in total debt. The analyst consensus anticipated The PNC Financial Services Group Inc.’s latest quarter earnings to come in at $3.12 per share, but it turned out to be $3.39, a 8.70% surprise. At the end of the quarter ending June 29, The PNC Financial Services Group Inc.’s stock balance sheet showed total debt was $39.71 billion. Shareholders own equity worth $410.12 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The PNC Financial Services Group Inc. (PNC) price momentum. RSI 9-day as of the close on 21 September was 38.38%, suggesting the stock is Neutral, with historical volatility in this time frame at 28.51%.

As of today, PNC’s price is $163.29 -2.44% or -$3.96 from its 5-day moving average. PNC is currently trading -4.83% lower than its 20-day SMA and -7.38% lower than its 100-day SMA. However, the stock’s current price level is +0.87% above the SMA50 and -19.87% below the SMA200.

The stochastic %K and %D were 64.02% and 72.65%, respectively, and the average true range (ATR) was 4.12. With the 14-day stochastic at 32.85% and the average true range at 3.97, the RSI (14) stands at 41.70%. The stock has reached -0.84 on the 9-day MACD Oscillator while the 14-day reading was at 0.75.

Analyst Ratings

Raymond James downgraded The PNC Financial Services Group Inc. (NYSE: PNC) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for The PNC Financial Services Group Inc. (PNC) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell PNC, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 8 others rate it as a “buy”.

What is PNC’s price target for the next 12 months?

Analysts predict a range of price targets between $156.00 and $222.00, with a median target of $181.00. Taking a look at these predictions, the average price target given by analysts for The PNC Financial Services Group Inc. (PNC) stock is $183.12.

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