TCF Financial Corporation (NASDAQ:TCF) went up by 3.55% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Banks – Regional giant went up by $31.22 to trade ended Monday trading at $30.15. This is up from the $30.15 price recorded on Friday’s trading session. Thanks to this latest performance, TCF is closer to the higher price 52-week target of $42.00 and further from the lowest price target of $28.00. Its performance from the start of the year has also been negative, with TCF down by -33.29% year-to-date.
TCF Financial Corporation (TCF) started the day trading at $28.86 and recorded an intraday high of $31.43. It also recorded an intraday low of $28.3701 during Monday’s trading session. TCF Financial Corporation is a very active stock that recorded a trading volume that is less than -13.16% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 980876, which is less than -13.16 of the total average daily trading volume of 1.11 million.
TCF Financial Corporation (NASDAQ:TCF) 2020 Performance Impressive
The increase in TCF’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of TCF currently stands at $47.46, which is higher than the current trading price of the stock by 34.22%. However, TCF’s current trading price is -84.08% lower than the 52-week low price of $16.96. In terms of trading volume, TCF Financial Corporation currently experienced healthy participation during the last trading session. 980876 shares of TCF Financial Corporation were traded on the stock exchange on Monday, which is less than -13.16% of the 1.11 million average trading volume of the stock.
The performance of the stock has been positive over the past year. TCF’s performance over the past one year has seen it plunge by -20.76%, while the stock has gone down by -31.40% in the last six months. The quarterly performance of TCF currently stands at 39.94%, and it is up by 32.91% in the last month. The only negative figure was from the weekly performance, which currently reads -14.28%. At the time of writing TCF’s report, the company has a total market cap of $4.48B, making it one of the largest publicly-traded companies in the world.TCF Financial Corporation also has over 8209 employees all over the world.
TCF Insider Activities
For TCF Financial Corporation, insiders hold 87.10% of all company shares. The insider transactions over the past six months are up by 23.40%. During that period, insiders bought 263,044 shares in 52 transactions. In that same period, insiders sold 132,236 of their shares in 27 transactions. After these transactions, insiders at TCF Financial Corporation now hold 1.9M shares, which is over 88.73% of the total company stocks. Institutional investors currently hold a large chunk of the TCF shares, as they control 1.25% of the company’s total stock.
TCF Fundamental Analysis
For TCF Financial Corporation, the stock’s diluted earnings per share (EPS) stands at 1.74. In the coming year, analysts expect the EPS to be 3.30. The EPS growth will up over the next five years to 34.30% after surging by 5.40% in the previous five years. In terms of revenue, TCF Financial Corporation’s quarterly sales (YOY) is growing at 0.55, which is lower than the average annual revenue of 5.40% over the past half a decade.
The Return on Investment (ROI) on TCF Financial Corporation’s stock currently stands at 19.30%.
TCF Analysts Prediction
The Wedbush has a Outperform rating for TCF Financial Corporation, predicting the stock price to stay between $28 and $31. Another analyst that has a Buy rating for TCF is UBS, which set a price target of between $46 and $37.
At the moment, TCF Financial Corporation’s Total Debt to Equity ratio stands at 0.10, and they have a long-term Debt to Equity ratio of 0.10.
TCF Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of TCF currently stands at 4.24%, while the SMA50 is 15.08%. The biggest one is the SMA200, which is currently reading -14.03% ahead of Monday’s trading session. The Relative Strength Index of this stock is 54.28, while its price to earnings ratio (P/E) is 17.91.