BB&T Corp (NYSE:BBT) shares traded 0.85% up during most recent session to reach at the closing price of $50. The stock exchanged hands 4.91 Million shares versus average trading capacity of 5.97 Million shares, yielding a market cap of $38.13 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $55.51 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have BB&T Corp (NYSE:BBT) high price target of $60 and with a conservative view have low price target of $47.
Stephens & Co. “Downgrades” BB&T Corp (NYSE:BBT) in a research note issued to investors on 3/06/19 to Equal-Weight with price target of $0.
Additionally on 2/11/19 BMO Capital “Maintained” BB&T Corp (NYSE:BBT) to Outperform setting price target at $56 and on 2/08/19 Bank of America “Upgrades” the stock to Buy at $0. Furthermore on 1/25/19 Deutsche Bank “Downgrades” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 50.81 along with Average True Range (ATR 14) of 0.88, Consequently BB&T Corp (NYSE:BBT)’s weekly and monthly volatility is 1.56%, 1.58% respectively. The company’s beta value is at 1.14.
In terms of Buy, Sell or Hold recommendations, BB&T Corp (NYSE:BBT) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts BB&T Corp (NYSE:BBT)’s minimum EPS for the current quarter is at $1 and can go high up to $1.06. The consensus mean EPS for the current quarter is at $1.03 derived from a total of 23 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.94 earnings per share for the same quarter during last year.
Previously BB&T Corp (NYSE:BBT) reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by $-0.07. The company posted an earnings surprise of -6.7%.
BB&T Corp (NYSE:BBT)’s revenue estimates for the current quarter are $2.94 Billion according to 15 number of analysts, for the current quarter the company has high revenue estimates of $2.97 Billion in contradiction of low revenue estimates of $2.91 Billion. For the current year the company’s revenue estimates are $11.99 Billion compared to low analyst estimates of $11.82 Billion and high estimates of $12.15 Billion according to 16 number of analysts.
Currently BB&T Corp (NYSE:BBT)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 67.2%. However the six-month change in the insider ownership was recorded -1.21%, as well as three-month change in the institutional ownership was recorded -0.36%.
BB&T Corp (NYSE:BBT)’s trailing twelve month revenues are $8.12 Billion, whereas its price to sales ratio for the same period is 4.7. Its book value per share for the most recent quarter is $35.39 while its price to book ratio for the same period is 1.41, as for as the company’s cash per share for the most recent quarter is $5.09, however its price to cash per share ratio for the same period is 9.82. The stock has 5 year expected PEG ratio of 3.25 whereas its trailing twelve month P/E ratio is 12.9.