Capital One Financial Corp. (NYSE:COF) finished Friday with an addition of $0.04 to close at $97.05, an upside of 0.04 percent. An average of 1,969,800 shares of common stock have been traded in the last five days. There was a fall of -$1.22 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 2,024,350 shares traded, while the 50-day average volume stands at 2,151,640.
COF stock has decreased by -5.37% in the last month. The company shares reached their 1-month lowest point of $94.72 on 09/27/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $83.93 and a high of $123.09 in 52 weeks. It has reached a new high 14 times so far this year and achieved 4.40% or $4.09 in price. In spite of this, the price is down -21.16% from the 52-week high.
Insider Transactions
COF stock investors should be aware that Capital One Financial Corp. (COF) stock had its last reported insider trading activity 47 days ago on Aug 14. In this transaction, the insider spent $425,987. Chairman and CEO, FAIRBANK RICHARD D, disposed of 3,891 shares at a price of $110.00 on Aug 11. The insider now owns more than $428,010 worth of shares. Prior to that, Chairman and CEO FAIRBANK RICHARD D went on to Sale 3,891 shares at $112.64 each on Aug 10. An amount of $438,282 was transacted.
Valuation Metrics
Capital One Financial Corp. (COF) has a trailing price-to-earnings (P/E) ratio of 7.43. The stock’s beta is 1.47. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.83, the price-to-book (PB) ratio at 0.68, and the price-to-cash flow ratio at 2.29.
The company has a payout ratio of 13.40%. The company’s most recent quarterly dividend payment was $0.60 a share, without any change from last year. Its latest increase dividend $0.20 reported on Wednesday July 28 2021.
Financial Health
Further, the company has a long term debt to equity ratio of 0.91 and a total debt to equity ratio of 0.92 for the quarter ending June 29. Its gross profit as reported stood at $27.11 billion compared to revenue of $31.24 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, Capital One Financial Corp.’s return on assets was 1.15%.
Earnings Surprise
For the three-month period that ended June 29, Capital One Financial Corp. had $17.81 billion in total debt. The analyst consensus anticipated Capital One Financial Corp.’s latest quarter earnings to come in at $3.22 per share, but it turned out to be $3.52, a 9.30% surprise. At the end of the quarter ending June 29, Capital One Financial Corp.’s stock balance sheet showed total debt was $54.7 billion. Shareholders own equity worth $381.44 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Capital One Financial Corp. (COF) price momentum. RSI 9-day as of the close on 29 September was 35.50%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.90%.
As of today, COF’s price is $96.91 -1.24% or -$1.22 from its 5-day moving average. COF is currently trading -5.22% lower than its 20-day SMA and +8.96% higher than its 100-day SMA. However, the stock’s current price level is -15.60% below the SMA50 and -0.48% below the SMA200.
The stochastic %K and %D were 18.17% and 14.06%, respectively, and the average true range (ATR) was 2.19. With the 14-day stochastic at 23.56% and the average true range at 2.24, the RSI (14) stands at 36.10%. The stock has reached -1.70 on the 9-day MACD Oscillator while the 14-day reading was at -3.10.
Analyst Ratings
Odeon downgraded Capital One Financial Corp. (NYSE: COF) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Capital One Financial Corp. (COF) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell COF, while 10 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 COF’s price target for the next 12 months?
Analysts predict a range of price targets between $87.00 and $145.00, with a median target of $116.00. Taking a look at these predictions, the average price target given by analysts for Capital One Financial Corp. (COF) stock is $116.21.
