Toronto Dominion Bank (NYSE: TD): Reassessing Prospects

Toronto Dominion Bank (TD) concluded trading on Wednesday at a closing price of $54.18, with 5.91 million shares of worth about $320.04 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.94% during that period and on January 08, 2025 the price saw a loss of about -0.84%. Currently the company’s common shares owned by public are about 1.75B shares, out of which, 1.75B shares are available for trading.

Stock saw a price change of 1.77% in past 5 days and over the past one month there was a price change of 4.27%. Year-to-date (YTD), TD shares are showing a performance of 1.77% which decreased to -16.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.25 but also hit the highest price of $65.12 during that period. The average intraday trading volume for Toronto Dominion Bank shares is 2.82 million. The stock is currently trading 1.99% above its 20-day simple moving average (SMA20), while that difference is down -0.90% for SMA50 and it goes to -5.37% lower than SMA200.

Toronto Dominion Bank (NYSE: TD) currently have 1.75B outstanding shares and institutions hold larger chunk of about 55.34% of that.

The stock has a current market capitalization of $94.83B and its 3Y-monthly beta is at 0.82. PE ratio of stock for trailing 12 months is 15.61, while it has posted earnings per share of $3.47 in the same period. Its PEG reads 3.63 while making debt-to-equity ratio of 2.50. 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 1.31% while standing at 1.40% over the month.

Stock’s fiscal year EPS is expected to drop by -1.98% while it is estimated to increase by 7.13% in next year. EPS is likely to grow at an annualized rate of 4.29% for next 5-years, compared to annual growth of -5.91% made by the stock over the past 5-years.

Stock get an Underweight rating from Barclays on November 21, 2024.

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