Now Is A Suitable Moment For A Long-Term Purchase Of Truist Financial Corporation (NYSE: TFC)

Currently, there are 1.31B common shares owned by the public and among those 1.31B shares have been available to trade.

The company’s stock has a 5-day price change of -1.62% and -14.41% over the past three months. TFC shares are trading -6.22% year to date (YTD), with the 12-month market performance up to 1.32% higher. It has a 12-month low price of $33.56 and touched a high of $49.06 over the same period. TFC has an average intraday trading volume of 10.11 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.97%, 4.06%, and -5.50% respectively.

Institutional ownership of Truist Financial Corporation (NYSE: TFC) shares accounts for 75.24% of the company’s 1.31B shares outstanding.

It has a market capitalization of $53.27B and a beta (3y monthly) value of 0.83. The stock’s trailing 12-month PE ratio is 11.99, while the earnings-per-share (ttm) stands at $3.39. The company has a PEG of 0.89 and the debt-to-equity ratio at 0.88. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.46% over the week and 2.03% over the month.

Analysts forecast that Truist Financial Corporation (TFC) will achieve an EPS of 0.93 for the current quarter, 1.0 for the next quarter and 4.46 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.9 while analysts give the company a high EPS estimate of 0.9. Comparatively, EPS for the current quarter was 0.91 a year ago. Earnings per share for the fiscal year are expected to increase by 15.84%, and 14.76% over the next financial year.

Looking at the support for the TFC, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on May 15, 2025, with the firm’s price target at $44. Robert W. Baird was of a view on March 05, 2025 that the stock is Outperform, while HSBC Securities gave the stock Buy rating on January 07, 2025, issuing a price target of $50. Wolfe Research on their part issued Peer Perform rating on August 09, 2024.

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