With a current price of $39.33, U.S. Bancorp [NYSE:USB] is active in the Banks – Regional industry, with a 5-day price swing of 8.20%.
For the year, the stock is trading -34.58%, while, as a point of reference, the S&P 500 is trading 0.55% YTD. Other data to note on this name is a price per sales number of 3.47 and a price per cash flow number of 29.32.
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Holding a Market Cap of $57.21 billion, U.S. Bancorp has seen a trading range over the last year of $28.36-$61.11.
For the last five days, USB is up from its last closing price. The average shares trading hands each day is 6.39M, with average 10-day volume coming in at 6.19 million.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for USB. When we apply the Elder Force Index to U.S. Bancorp, we are seeing an Elder Force Indicator number of 637896.06.
The recent performance of the stock is another area that can tell traders how to proceed. USB is presenting an interesting case. This can be seen in the Forward P/E ratio, which currently stands at 13.60.
In the last quarter, USB made a profit of 3.2 billion. In addition, the company has operating cash flow of $4.49 billion.
Looking at popular technical indicators, the company’s 5-day moving average is 38.03 compared to the 50-day moving average of 36.62. So, we are clearly seeing an upward trajectory here.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. USB currently holds a 9-day RSI of 71.02%, while 100-day RSI stands at 49.43%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. USB’s 9-day MACD is 1.50 and the company’s 100-day MACD stands at 1.62.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 0.09% by insiders and 77.75% by institutions.
Over the last six months, insiders have sold 42,896 with the most recent transaction from Kotwal Shailesh M, Vice Chair, with a sell at price 60.24 per share.
Overall, the recommended rating for USB is Moderate Buy. Currently, the company has 22 analysts watching the stock, and the average quarterly earnings estimate is 0.85. Quarterly revenue estimates are averaging 5.68B with the high estimate reaching 5.88B and the low at 5.53B.
To review, the current 1-year target estimate is sitting at 43.00, while the current price 39.33. Based on this, we expect the stock to rise considering the aforementioned fundamentals.