The stock of Capital One Financial Corporation (NYSE:COF) increased by $1.93 on Tuesday to finish at $103.52, up 1.90 percent. The last five days have seen an average of 1,636,060 shares of common stock traded. 14 times new highs were reached in the current year, with a gain of $10.56. The average number of shares traded over the last 20 days was 1,951,690, while the average volume over the last 50 days totaled 2,292,856.
COF stock dropped -11.54% since last month. On 08/23/23, the company’s shares reached a one-month low of $99.75. The stock touched a high of $123.09 on 02/02/23, after rallying from a low of $83.93 in 52 weeks. The price of COF stock has risen by 11.36% or $10.56 this year, reaching a new high 14 times. Still, the stock price is down -15.90% from the 52-week high.
Insider Transactions
COF stock investors should be aware that Capital One Financial Corporation (COF) stock had its last reported insider trading activity 16 days ago on Aug 14. On Aug 14, Chairman and CEO FAIRBANK RICHARD D sold 3,891 shares at $109.48 each. This transaction resulted in the insider making $425,987. On Aug 11, FAIRBANK RICHARD D sold 3,891 shares at a price of US$110.00. After the transaction, the insider now owns 3,848,406 shares. Chairman and CEO FAIRBANK RICHARD D had earlier sold 3,891 shares on Aug 10 for $112.64 a share. The transaction was completed for $438,282.
Valuation Metrics
Capital One Financial Corporation (COF) has a trailing price-to-earnings (P/E) ratio of 7.93. Beta for the stock is 1.48. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.07, the price-to-book (PB) ratio of 0.80, and the price-to-cash flow ratio of 2.43.
Company paid $0.60 per share in dividends, remained unchanged from $0.60 last year. A $0.20 dividend increase was reported on Wednesday July 28 2021.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.00, and the total debt to equity ratio is 1.00. Capital One Financial Corporation’s operating margin stood at 51.30% for the same period. Based on annual data, it had gross profit of $27.11 billion and revenue of $31.24 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. COF’s return on assets (ROA) during the last 12 months has been 1.10%. There was a 20.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.40%.
Earnings Surprise
According to Capital One Financial Corporation’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that Capital One Financial Corporation’s quarterly earnings would be $3.52, but it ended up being $3.22, beating the consensus by 9.30%. At the end of Capital One Financial Corporation’s most recent quarter ended June 29, its total debt was $54.7 billion. Equity owned by shareholders amounts to $381.44 million.
Technical Picture
Here’s a quick look at Capital One Financial Corporation’s (COF) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 40.20%, suggesting the stock is Neutral, with a 25.00% historical volatility rate.
The stochastic %K and %D were 15.97% and 12.14% respectively, while the average true range (ATR) was 2.56. Based on the 14-day stochastic reading of 28.11%, the RSI (14) reading is 39.26%. On the 9-day MACD Oscillator, the stock is at -0.66, and the 14-day reading is at -2.71.
Analyst Ratings
Capital One Financial Corporation (NYSE: COF) was downgraded by Odeon to a a Sell rating in its latest research report. The stock was previously rated as a a Hold. Analysts have assigned Capital One Financial Corporation (COF) an Hold rating. COF is a stock that is recommended for selling by 4 brokerage firms, while 10 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 8 others recommend it as a buy.
What is COF’s price target for the next 12 months?
The current consensus forecast for the stock is between $87.00 and $145.00, with a median target price of $118.00. In analyzing these forecasts, the average price target given by analysts for Capital One Financial Corporation (COF) is $116.91.
