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Wells Fargo & Co. (NYSE: WFC) closed the day trading at $59.44 down -0.39% from the previous closing price of $59.67. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 10.77 million shares were traded. WFC stock price reached its highest trading level at $60.19 during the session, while it also had its lowest trading level at $59.37.
Ratios:
For a better understanding of WFC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.69 whereas as Long-Term Debt/Eq ratio is at 1.02.
On March 27, 2024, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform and also upped its target price recommendation from $56 to $62.
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 Nov 09 ’23 when DAVIS RICHARD K bought 3,500 shares for $41.22 per share. The transaction valued at 144,270 led to the insider holds 4,244 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WFC now has a Market Capitalization of 202257072128 and an Enterprise Value of 81021140992. As of this moment, Wells’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.53, and their Forward P/E ratio for the next fiscal year is 10.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 1.036.
Stock Price History:
Over the past 52 weeks, WFC has reached a high of $62.55, while it has fallen to a 52-week low of $38.38. The 50-Day Moving Average of the stock is 0.16%, while the 200-Day Moving Average is calculated to be 13.59%.
Shares Statistics:
Over the past 3-months, WFC traded about 17.59M shares per day on average, while over the past 10 days, WFC traded about 20556620 shares per day. A total of 3.60B shares are outstanding, with a floating share count of 3.48B. Insiders hold about 0.15% of the company’s shares, while institutions hold 79.73% stake in the company. Shares short for WFC as of 1719532800 were 30702592 with a Short Ratio of 1.75, compared to 1717113600 on 36350988. Therefore, it implies a Short% of Shares Outstanding of 30702592 and a Short% of Float of 0.88.
Dividends & Splits
WFC’s forward annual dividend rate is 1.40, up from 1.4 a year ago. Against a Trailing Annual Dividend Yield of 0.023462377The stock’s 5-year Average Dividend Yield is 3.15.
