Analyzing Toronto Dominion Bank (TD)’s quick and current ratios

Toronto Dominion Bank (NYSE: TD) closed the day trading at $57.78 up 0.35% from the previous closing price of $57.58. In other words, the price has increased by $+0.20 from its previous closing price. On the day, 4076563 shares were traded.

Ratios:

For a better understanding of TD, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.02 whereas as Long-Term Debt/Eq ratio is at 0.37.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TD now has a Market Capitalization of 102.99B. As of this moment, Toronto’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.33, and their Forward P/E ratio for the next fiscal year is 9.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 1.35.

Stock Price History:

Over the past 52 weeks, TD has reached a high of $66.15, while it has fallen to a 52-week low of $54.69. The 50-Day Moving Average of the stock is 59.69, while the 200-Day Moving Average is calculated to be 60.83.

Shares Statistics:

Over the past 3-months, TD traded about 2.86M shares per day on average, while over the past 10 days, TD traded about 3.69M shares per day. A total of 1.79B shares are outstanding, with a floating share count of 1.77B. Insiders hold about 0.16% of the company’s shares, while institutions hold 55.25% stake in the company. Shares short for TD as of Mar 28, 2024 were 25.97M with a Short Ratio of 4.04, compared to 10.43M on Feb 29, 2024.

Dividends & Splits

TD’s forward annual dividend rate is 2.93, up from 3.90 a year ago. Against a Trailing Annual Dividend Yield of 6.77%, it implies a Forward Annual Dividend Yield of 5.20%. The stock’s 5-year Average Dividend Yield is 4.17. The current Payout Ratio is 68.48% for TD, which recently paid a dividend on Apr 30, 2024 with an ex-dividend date of Apr 08, 2024. Stock splits for the company last occurred on Feb 03, 2014 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of $1.34 for the current quarter, with a high estimate of $1.4 and a low estimate of $1.29, while EPS last year was $1.47. The consensus estimate for the next quarter is $1.46, with high estimates of $1.52 and low estimates of $1.33.

Analysts are recommending an EPS of between $5.95 and $5.42 for the fiscal current year, implying an average EPS of $5.75. EPS for the following year is $6.18, with 12 analysts recommending between $6.61 and $5.26.

Revenue Estimates

A total of 4 analysts have provided revenue estimates for TD’s current fiscal year. The highest revenue estimate was $37.07B, while the lowest revenue estimate was $36.91B, resulting in an average revenue estimate of $37.01B. In the same quarter a year ago, actual revenue was $38.16B, down -3.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $38.97B in the next fiscal year. The high estimate is $39.4B and the low estimate is $38.52B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.

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