Truist Financial Corporation (NYSE:TFC) has a beta of 1.35, a 12-month trailing P/E ratio of 19.18. The stock’s Relative Strength Index (RSI) is 76.14, with weekly volatility at 2.56% and ATR at 1.45. The TFC stock’s 52-week price range has touched low of $24.01 and a $57.76 high. Its shares traded higher over the last trading session, gaining 2.59% on 02/22/21. The shares fell to a low of $57.48 before closing at $59.07. Intraday shares traded counted 8.72 million, which was -60.08% lower than its 30-day average trading volume of 5.45M. TFC’s previous close was $57.58 while the outstanding shares total 1.35B.
Investors have identified the Banks – Regional company Truist Financial Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $77.21 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 4.60 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TFC sounds very interesting.
Is the stock of TFC attractive?
In related news, Director, Thompson Thomas Nichols sold 488 shares of the company’s stock in a transaction that recorded on Jan 25. The sale was performed at an average price of 50.38, for a total value of 24,585. As the sale deal closes, the Chief Risk Officer, Starnes Clarke R III now sold 48,175 shares of the company’s stock, valued at 2,459,960. Also, President and COO, ROGERS WILLIAM H JR sold 176,379 shares of the company’s stock in a deal that was recorded on Jan 22. The shares were price at an average price of 50.22 per share, with a total market value of 8,857,753. Following this completion of acquisition, the Director, Thompson Thomas Nichols now holds 311 shares of the company’s stock, valued at 14,381. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
11 out of 24 analysts covering the stock have rated it a Buy, while 12 have maintained a Hold recommendation on Truist Financial Corporation. 0 analysts has assigned a Sell rating on the TFC stock. The 12-month mean consensus price target for the company’s shares has been set at $57.09.