Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Truist Financial Corporation (NYSE: TFC) closed at $46.46 up 0.17% from its previous closing price of $46.38. In other words, the price has increased by $0.17 from its previous closing price. On the day, 4.57 million shares were traded.
Ratios:
For a deeper understanding of Truist Financial Corporation’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.55.
Citigroup Downgraded its Buy to Neutral on July 24, 2024, whereas the target price for the stock was revised from $45 to $47.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 13.95, and their Forward P/E ratio for the next fiscal year is 10.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 1.06.
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 $34.23. The 50-Day Moving Average of the stock is 1.67%, while the 200-Day Moving Average is calculated to be 8.99%.
Shares Statistics:
A total of 1.33B shares are outstanding, with a floating share count of 1.32B. Insiders hold about 0.23% of the company’s shares, while institutions hold 73.22% stake in the company.
