Truist Financial Corporation (TFC) concluded trading on Tuesday at a closing price of $43.38, with 5.28 million shares of worth about $229.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.66% during that period and on December 31, 2024 the price saw a gain of about 0.02%. Currently the company’s common shares owned by public are about 1.33B shares, out of which, 1.32B shares are available for trading.
Stock saw a price change of -0.37% in past 5 days and over the past one month there was a price change of -9.02%. Year-to-date (YTD), TFC shares are showing a performance of 17.50% which increased to 17.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $34.23 but also hit the highest price of $49.06 during that period. The average intraday trading volume for Truist Financial Corporation shares is 7.99 million. The stock is currently trading -3.48% below its 20-day simple moving average (SMA20), while that difference is down -3.92% for SMA50 and it goes to 4.85% higher than SMA200.
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
Truist Financial Corporation (NYSE: TFC) currently have 1.33B outstanding shares and institutions hold larger chunk of about 73.32% of that.
The stock has a current market capitalization of $57.60B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$1.46 in the same period. It has a debt-to-equity ratio of 0.90. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TFC, volatility over the week remained 1.52% while standing at 2.13% over the month.
Analysts are in expectations that Truist Financial Corporation (TFC) stock would likely to be making an EPS of 0.88 in the current quarter, while forecast for next quarter EPS is 0.87 and it is 3.94 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.84 which is 0.95 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 0.81 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 408.13% while it is estimated to increase by 18.63% in next year.
Coverage by Citigroup stated Truist Financial Corporation (TFC) stock as a Neutral in their note to investors on July 24, 2024, suggesting a price target of $47 for the stock. On July 17, 2024, Robert W. Baird Downgrade their recommendations, while on May 16, 2024, Barclays Resumed their ratings for the stock with a price target of $43. Stock get an In-line rating from Evercore ISI on May 09, 2024.
