A glimpse at The PNC Financial Services Group Inc.’s potential climb to old highs

As of close of business last night, The PNC Financial Services Group Inc.’s stock clocked out at 165.31, up 0.90% from its previous closing price of $163.83. In other words, the price has increased by $+1.48 from its previous closing price. On the day, 1151572 shares were traded. PNC reached its highest trading level at $165.67 during the session, while it also had its lowest trading level at $161.07.

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Ratios:

To gain a deeper understanding of PNC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.40. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.55.

Upgrades & Downgrades

On January 03, 2022, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $220 to $250.

On December 10, 2021, UBS started tracking the stock assigning a Buy rating and target price of $240.UBS initiated its Buy rating on December 10, 2021, with a $240 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 23 when Lyons Michael P. sold 3,500 shares for $166.96 per share. The transaction valued at 584,355 led to the insider holds 174,651 shares of the business.

NIBLOCK ROBERT A bought 2,000 shares of PNC for $334,145 on May 06. The Director now owns 6,063 shares after completing the transaction at $167.07 per share. On May 03, another insider, Deborah Guild, who serves as the Executive Vice President of the company, sold 1,257 shares for $170.56 each. As a result, the insider received 214,398 and left with 23,360 shares of the company.

Valuation Measures:

As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.95, and their Forward P/E ratio for the next fiscal year is 10.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.62 while its Price-to-Book (P/B) ratio in mrq is 1.44.

Stock Price History:

Over the past 52 weeks, PNC has reached a high of $228.14, while it has fallen to a 52-week low of $146.39. The 50-Day Moving Average of the stock is 163.69, while the 200-Day Moving Average is calculated to be 180.53.

Shares Statistics:

It appears that PNC traded 1.83M shares on average per day over the past three months and 1.89M shares per day over the past ten days. A total of 414.00M shares are outstanding, with a floating share count of 408.74M. Insiders hold about 0.10% of the company’s shares, while institutions hold 86.60% stake in the company. Shares short for PNC as of Jul 14, 2022 were 5.27M with a Short Ratio of 2.91, compared to 5.54M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.28% and a Short% of Float of 1.29%.

Dividends & Splits

With its trailing 12-month dividend rate of 4.60, PNC has a forward annual dividend rate of 6.00. Against a Trailing Annual Dividend Yield of 2.81%, it implies a Forward Annual Dividend Yield of 3.62%. The stock’s 5-year Average Dividend Yield is 2.79. The current Payout Ratio is 41.10% for PNC, which recently paid a dividend on Aug 04, 2022 with an ex-dividend date of Jul 11, 2022. Stock splits for the company last occurred on Nov 15, 1992 when the company split stock in a 2:1 ratio.

Earnings Estimates

As of right now, 21 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $3.75 for the current quarter, with a high estimate of $4.34 and a low estimate of $3.45, while EPS last year was $3.3. The consensus estimate for the next quarter is $4.16, with high estimates of $4.69 and low estimates of $3.76.

Analysts are recommending an EPS of between $15.41 and $13.32 for the fiscal current year, implying an average EPS of $14.49. EPS for the following year is $16.48, with 23 analysts recommending between $18.61 and $14.98.

Revenue Estimates

A total of 18 analysts have provided revenue estimates for PNC’s current fiscal year. The highest revenue estimate was $21.1B, while the lowest revenue estimate was $20.69B, resulting in an average revenue estimate of $20.93B. In the same quarter a year ago, actual revenue was $19.21B, up 8.90% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $23.01B in the next fiscal year. The high estimate is $23.85B and the low estimate is $21.67B. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.