PNC Financial Services Group Inc (PNC) concluded trading on Thursday at a closing price of $196.54, with 5.06 million shares of worth about $995.28 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.37% during that period and on January 16, 2025 the price saw a loss of about -1.95%. Currently the company’s common shares owned by public are about 395.94M shares, out of which, 395.23M shares are available for trading.
Stock saw a price change of 0.96% in past 5 days and over the past one month there was a price change of -2.46%. Year-to-date (YTD), PNC shares are showing a performance of 1.91% which increased to 31.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $139.69 but also hit the highest price of $216.26 during that period. The average intraday trading volume for PNC Financial Services Group Inc shares is 1.92 million. The stock is currently trading 1.31% above its 20-day simple moving average (SMA20), while that difference is down -2.34% for SMA50 and it goes to 11.18% higher than SMA200.
PNC Financial Services Group Inc (NYSE: PNC) currently have 395.94M outstanding shares and institutions hold larger chunk of about 84.77% of that.
The stock has a current market capitalization of $77.98B and its 3Y-monthly beta is at 1.15. PE ratio of stock for trailing 12 months is 14.29, while it has posted earnings per share of $13.75 in the same period. Its PEG reads 0.71 while making debt-to-equity ratio of 1.13. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PNC, volatility over the week remained 3.02% while standing at 2.30% over the month.
Stock’s fiscal year EPS is expected to rise by 11.00% while it is estimated to increase by 14.45% in next year. EPS is likely to grow at an annualized rate of 20.05% for next 5-years, compared to annual growth of 3.84% 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 BofA Securities on August 15, 2024 offering a Buy rating for the stock and assigned a target price range of between $185 and $200 to it. Coverage by UBS stated PNC Financial Services Group Inc (PNC) stock as a Buy in their note to investors on July 08, 2024, suggesting a price target of $179 for the stock. Stock get a Neutral rating from BofA Securities on October 11, 2023.
