The Insider Activity Of U.S. Bancorp (USB) Is Worth Monitoring

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U.S. Bancorp (NYSE:USB) finished Thursday with a subtraction of -$0.9 to close at $43.03, a downside of -2.05 percent. An average of 10,572,500 shares of common stock have been traded in the last five days. There was a fall of -$2.84 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 7,476,500 shares traded, while the 50-day average volume stands at 6,652,708.

USB stock has decreased by -9.24% in the last month. The company shares reached their 1-month lowest point of $43.00 on 09/22/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $43.74 and a high of $63.57 in 52 weeks. It has reached a new high 9 times so far this year and lost -23.39% or -$13.14 in price. In spite of this, the price is down -32.31% from the 52-week high.


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Valuation Metrics

U.S. Bancorp (USB) has a trailing price-to-earnings (P/E) ratio of 9.91. The stock’s beta is 0.97. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.56, the price-to-book (PB) ratio at 1.53, and the price-to-cash flow ratio at 5.61.

The company has a payout ratio of 41.40%. The company’s most recent quarterly dividend payment was $0.48 a share, representing a up of 4.35% from $0.46 last year. Its latest increase dividend $0.02 reported on Tuesday September 13 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.70 and a total debt to equity ratio of 0.70 for the quarter ending June 29. Its gross profit as reported stood at $12.49 billion compared to revenue of $13.49 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, U.S. Bancorp’s return on assets was 1.10%.

Earnings Surprise

For the three-month period that ended June 29, U.S. Bancorp had $29.41 billion in total debt. The analyst consensus anticipated U.S. Bancorp’s latest quarter earnings to come in at $1.07 per share, but it turned out to be $1.09, a 1.90% surprise. At the end of the quarter ending June 29, U.S. Bancorp’s stock balance sheet showed total debt was $54.37 billion. Shareholders own equity worth $1.49 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at U.S. Bancorp (USB) price momentum. RSI 9-day as of the close on 22 September was 25.99%, suggesting the stock is oversold, with historical volatility in this time frame at 29.87%.

As of today, USB’s price is $44.79 -6.19% or -$2.84 from its 5-day moving average. USB is currently trading -8.82% lower than its 20-day SMA and -11.39% lower than its 100-day SMA. However, the stock’s current price level is -5.05% below the SMA50 and -24.35% below the SMA200.

The stochastic %K and %D were 5.36% and 20.13%, respectively, and the average true range (ATR) was 1.20. With the 14-day stochastic at 0.59% and the average true range at 1.15, the RSI (14) stands at 31.35%. The stock has reached -1.31 on the 9-day MACD Oscillator while the 14-day reading was at -1.67.

Analyst Ratings

Citigroup downgraded U.S. Bancorp (NYSE: USB) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for U.S. Bancorp (USB) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell USB, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 8 others rate it as a “buy”.

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

Analysts predict a range of price targets between $45.00 and $68.00, with a median target of $52.00. Taking a look at these predictions, the average price target given by analysts for U.S. Bancorp (USB) stock is $54.32.

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