Capital One Financial Corporation (NYSE:COF) saw a downside of -3.92% to close Tuesday at $100.30 after subtracting -$4.09 on the day. The 5-day average trading volume is 1,929,580 shares of the company’s common stock. It has gained $106.90 in the past week and touched a new high 1 time within the past 5 days. An average of 2,206,805 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,416,732.
COF’s 1-month performance is -14.43% or -$15.27 on its low of $100.08 reached on 08/22/23. The company’s shares have touched a 52-week low of $83.93 and high of $123.09, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, COF has achieved 7.90% or $7.34 and has reached a new high 14 times. However, the current price is down -18.51% from the 52-week high price.
Insider Transactions
COF stock investors last saw insider trading activity on Aug 14.FAIRBANK RICHARD D (Chairman and CEO) most recently sold 3,891 shares at $109.48 per share on Aug 14. This transaction cost the insider $425,987. Chairman and CEO, FAIRBANK RICHARD D, sold 3,891 shares at a price of $110.00 on Aug 11. Then, on Aug 10, Chairman and CEO FAIRBANK RICHARD D sold 3,891 shares at a price of $112.64 per share. This transaction amounted to $438,282.
Valuation Metrics
COF stock has a beta of 1.47. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.03 while the price-to-book (PB) in the most recent quarter is 0.77, with the price to cash flow ratio at 2.34.
As well, the company’s long term debt to equity for the quarter ending June 29 was 1.00, while the total debt to equity was 1.00. The firm’s gross profit as reported stood at $27.11 billion against revenue of $31.24 billion.
Earnings Surprise
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 COF to announce $3.22 per share in earnings in its latest quarter, but it posted $3.52, representing a 9.30% surprise. Shareholders hold equity totaling $381.44 million.
Let’s look briefly at Capital One Financial Corporation (COF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 15.35% to suggest the stock is trending oversold, with historical volatility in this time period at 16.91%.
The stock’s 5-day moving average is $103.94, reflecting a -6.18% or -$6.61 change from its current price. COF is currently trading -12.41% above its 20-day SMA, +6.57% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -10.04% and SMA200 by-2.82%.
Stochastic %K and %D was 6.89% and 6.85% and the average true range (ATR) pointed at 2.74. The RSI (14) points at 25.33%, while the 14-day stochastic is at 1.45% with the period’s ATR at 2.76. The stock’s 9-day MACD Oscillator is pointing at -3.06 and -5.66 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Capital One Financial Corporation (NYSE: COF), Odeon downgraded it to a Sell rating. They previously had a Hold rating on the stock. Analysts offering their rating for COF stock have a consensus rating for the stock as Hold. Currently, 4 brokerage advisors rate COF as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 8 have offered a “buy” rating.
What is COF’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $87.00 and a high of $145.00, with their median price target at $118.00. Looking at these predictions, the average price target given by analysts is for Capital One Financial Corporation (COF) stock is $117.17.
