U.S. Bancorp (USB) concluded trading on Tuesday at a closing price of $47.83, with 4.52 million shares of worth about $216.26 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.66% during that period and on December 31, 2024 the price saw a loss of about -0.87%. Currently the company’s common shares owned by public are about 1.56B shares, out of which, 1.56B shares are available for trading.
Stock saw a price change of -1.01% in past 5 days and over the past one month there was a price change of -10.25%. Year-to-date (YTD), USB shares are showing a performance of 10.51% which increased to 10.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.81 but also hit the highest price of $53.98 during that period. The average intraday trading volume for U.S. Bancorp shares is 7.70 million. The stock is currently trading -4.32% below its 20-day simple moving average (SMA20), while that difference is down -4.47% for SMA50 and it goes to 7.28% higher than SMA200.
U.S. Bancorp (NYSE: USB) currently have 1.56B outstanding shares and institutions hold larger chunk of about 79.18% of that.
The stock has a current market capitalization of $73.97B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 14.65, while it has posted earnings per share of $3.27 in the same period. Its PEG reads 2.92 while making debt-to-equity ratio of 1.33. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for USB, volatility over the week remained 1.68% while standing at 2.05% over the month.
Stock’s fiscal year EPS is expected to rise by 17.31% while it is estimated to increase by 12.67% in next year. EPS is likely to grow at an annualized rate of 5.01% for next 5-years, compared to annual growth of -4.60% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on December 19, 2024 offering an Outperform rating for the stock and assigned a target price of $57 to it. Coverage by Citigroup stated U.S. Bancorp (USB) stock as a Buy in their note to investors on November 25, 2024, suggesting a price target of $65 for the stock. On October 24, 2024, Deutsche Bank Downgrade their recommendations, while on September 30, 2024, Morgan Stanley Upgrade their ratings for the stock with a price target of $57. Stock get a Neutral rating from JP Morgan on June 27, 2024.
