U.S. Bancorp (NYSE:USB) shares traded -0.21% down during most recent session to reach at the closing price of $47.31. The stock exchanged hands 8.05 Million shares versus average trading capacity of 9.08 Million shares, yielding a market cap of $77.07 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $57.13 within the next 52-weeks. The mean target projections are based on 23 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have U.S. Bancorp (NYSE:USB) high price target of $63 and with a conservative view have low price target of $45.
Jefferies “Downgrades” U.S. Bancorp (NYSE:USB) in a research note issued to investors on 1/08/19 to Hold with price target of $0.
Additionally on 11/27/18 Deutsche Bank “Downgrades” U.S. Bancorp (NYSE:USB) to Hold setting price target at $0 and on 10/18/18 Nomura “Maintained” the stock to Neutral at $54. Furthermore on 10/18/18 Oppenheimer “Upgrades” the stock to Outperform at $62.
On the other hand the company has Relative Strength Index (RSI 14) of 46.06 along with Average True Range (ATR 14) of 1.16, Consequently U.S. Bancorp (NYSE:USB)’s weekly and monthly volatility is 1.76%, 2.59% respectively. The company’s beta value is at 1.04.
In terms of Buy, Sell or Hold recommendations, U.S. Bancorp (NYSE:USB) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts U.S. Bancorp (NYSE:USB)’s minimum EPS for the current quarter is at $1.02 and can go high up to $1.08. The consensus mean EPS for the current quarter is at $1.05 derived from a total of 25 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.88 earnings per share for the same quarter during last year.
Previously U.S. Bancorp (NYSE:USB) reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.01. The company posted an earnings surprise of 1%.
U.S. Bancorp (NYSE:USB)’s revenue estimates for the current quarter are $5.73 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $5.81 Billion in contradiction of low revenue estimates of $5.65 Billion. For the current year the company’s revenue estimates are $22.5 Billion compared to low analyst estimates of $22.37 Billion and high estimates of $22.6 Billion according to 23 number of analysts.
Currently U.S. Bancorp (NYSE:USB)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 77.3%. However the six-month change in the insider ownership was recorded -16.68%, as well as three-month change in the institutional ownership was recorded 0.07%.
U.S. Bancorp (NYSE:USB)’s trailing twelve month revenues are $15.6 Billion, whereas its price to sales ratio for the same period is 4.94. Its book value per share for the most recent quarter is $27.25 while its price to book ratio for the same period is 1.74, as for as the company’s cash per share for the most recent quarter is $12.33, however its price to cash per share ratio for the same period is 3.84. The stock has 5 year expected PEG ratio of 2.01 whereas its trailing twelve month P/E ratio is 13.65.