The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $43.11 in the prior trading day, Truist Financial Corporation (NYSE: TFC) closed at $42.24, down -2.02%. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 7.32 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TFC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on March 05, 2025, Upgraded its rating to Outperform and sets its target price to $52 from $48 previously.
On January 07, 2025, HSBC Securities Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’24 when Boyer K. David Jr. sold 4,966 shares for $46.20 per share. The transaction valued at 229,444 led to the insider holds 11,246 shares of the business.
Boyer K. David Jr. bought 4,966 shares of TFC for $229,442 on Dec 04 ’24. On Nov 25 ’24, another insider, ROGERS WILLIAM H JR, who serves as the Chairman & CEO of the company, bought 34,180 shares for $48.56 each. As a result, the insider paid 1,659,781 and bolstered with 691,451 shares of the company.
Valuation Measures:
As of this moment, Truist’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.69, and their Forward P/E ratio for the next fiscal year is 9.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 0.96.
Stock Price History:
Over the past 52 weeks, TFC has reached a high of $49.06, while it has fallen to a 52-week low of $34.51. The 50-Day Moving Average of the stock is -7.41%, while the 200-Day Moving Average is calculated to be -1.95%.
Shares Statistics:
A total of 1.32B shares are outstanding, with a floating share count of 1.30B. Insiders hold about 0.25% of the company’s shares, while institutions hold 74.85% stake in the company.
