Toronto Dominion Bank (TD) concluded trading on 12/27/23 at a closing price of $64.80, with 5.1 million shares of worth about $330.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.67% during that period and on Wednesday the price saw a gain of about 0.06%. Currently the company’s common shares owned by public are about 1.79B shares, out of which, 1.79B shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 4 analysts are covering the TD stock and their offered price forecasts bring an average price target of $87.91. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $96.00 and could fall to a lowest price of $77.00. The stock’s current price level is -5.49% below of average price target set by the analysts, while a dip to estimated low would result in gain of 15.84% for the stock. However, touching the estimated high of $96.00 would mean a gain of 32.5% for the stock.
Toronto Dominion Bank (NYSE: TD) started trading at $64.54, below -$0.22 from concluding price of the previous day. However, the stock later moved at a day high price of 65.08, or with a gain of 0.06%. Stock saw a price change of 2.13% in past 5 days and over the past one month there was a price change of 6.23%. Year-to-date (YTD), TD shares are showing a performance of 0.06% which decreased to -0.28% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $54.69 but also hit the highest price of $70.67 during that period. The average intraday trading volume for Toronto Dominion Bank shares is 3.17 million. The stock is currently trading 5.25% above its 20-day simple moving average (SMA20), while that difference is up 8.10% for SMA50 and it goes to 7.01% higher than SMA200.
Toronto Dominion Bank (NYSE: TD) currently have 1.79B outstanding shares and institutions hold larger chunk of about 56.88% of that.
The stock has a current market capitalization of $116.08B and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 15.61, while it has posted earnings per share of $4.15 in the same period. Its PEG reads 8.67 while making debt-to-equity ratio of 2.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TD, volatility over the week remained 1.36% while standing at 1.67% over the month.
Analysts are in expectations that Toronto Dominion Bank (TD) stock would likely to be making an EPS of $1.46 in the current quarter, while forecast for next quarter EPS is $1.4 and it is $6.39 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.29 which is $1.57 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.63 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -0.98% while it is estimated to increase by 8.14% in next year. EPS is likely to grow at an annualized rate of 1.80% for next 5-years, compared to annual growth of -2.32% made by the stock over the past 5-years.
Analysts at 4 brokerage firms have issued recommendations for the Toronto Dominion Bank (TD)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.25. Out of those 4 Wall Street analysts, 0 recommended a “Buy” rating, while 3 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
