The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Wells Fargo & Co. (NYSE: WFC) closed the day trading at $51.57 down -4.02% from the previous closing price of $53.73. In other words, the price has decreased by -$4.02 from its previous closing price. On the day, 42.58 million shares were traded. WFC stock price reached its highest trading level at $54.34 during the session, while it also had its lowest trading level at $50.22.
Ratios:
For a better understanding of WFC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 0.98.
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 this company, Evercore ISI on September 06, 2024, Reiterated its Outperform rating but revised its target price to $65 from $67 previously.
On September 03, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $65.
Compass Point Downgraded its Buy to Neutral on April 09, 2024, while the target price for the stock was maintained at $64.
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 175532425216 and an Enterprise Value of 123127431168. As of this moment, Wells’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.58, and their Forward P/E ratio for the next fiscal year is 9.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.574.
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 -9.47%, while the 200-Day Moving Average is calculated to be -6.19%.
Shares Statistics:
Over the past 3-months, WFC traded about 17.37M shares per day on average, while over the past 10 days, WFC traded about 19843580 shares per day. A total of 3.60B shares are outstanding, with a floating share count of 3.40B. Insiders hold about 0.15% of the company’s shares, while institutions hold 77.30% stake in the company. Shares short for WFC as of 1724976000 were 36584953 with a Short Ratio of 2.11, compared to 1722384000 on 30554098. Therefore, it implies a Short% of Shares Outstanding of 36584953 and a Short% of Float of 1.08.
Dividends & Splits
WFC’s forward annual dividend rate is 1.45, up from 1.4 a year ago. Against a Trailing Annual Dividend Yield of 0.026056206The stock’s 5-year Average Dividend Yield is 3.11.
