Taking into account all relevant factors, TD Ameritrade Holding Corporation (NASDAQ:AMTD) scores 64% Buy on the technical side. The share price is also flashing a Hold from the Barchart TrendSpotter trading system. Investors starting out on a short-term path of investing should know that short terms indicators for AMTD averaged 50% Buy with an average daily trading volume over the past 20 days at 3883084 shares. Those using medium-term investment strategies, the shares have overall a 1% Buy signal while the 50-day average daily volume remained almost 5332572 shares. It’s also important to note that the stock, whose average daily volume over the 100 days as of this piece was 5135670 shares, is signaling50% Buy for long term investors.
The stock is lingering around the initial support level of $48.94. After this, the following support is at the zone of $48.66. Up until the time the AMTD stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 56.09 on the daily chart, and this may be a cause for concern. In case the price goes below $48.66 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $49.68 level may cause a pull-back move approaching $50.14 mark.
TD Ameritrade Holding Corporation (AMTD) is most likely going to rise 2.95 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $65 as 12-month high price target. This represents a whopping 30.23 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $52, which means a return possibility of 4.19 percent in comparison with the closing price of the stock of $49.91 in recent trading session. The lowest price set for the stock is $39 which is just above -21.86 percent from AMTD share’s price at the end of session.
Let’s take a glimpse at some insider activity at TD Ameritrade Holding Corporation (NASDAQ:AMTD) and observe the pattern. The earliest insider trade happened on 12/17/2019. KOPLOW ELLEN L S parted with a total of 17.24 thousand shares of the firm at average share price of $52.01. The total amount for the sale was set at $896.7 thousand. On completing this exchange, the EVP, General Counsel and Sec. account balance was 104.86 thousand shares. The stock lost -3.96 percent from that insider sale. On 12/16/2019, BOYLE STEPHEN J, President and CEO, did a sale of 18.18 thousand shares at a price of $52.25 per share. This got rid of 949.91 thousand shares from the insider’s fortune and the stock experienced a -4.4 percent retreat in price since the news became public. This exchange saw 186.52 thousand shares get out from the President and CEO account. On 12/12/2019, EVP, Trader Group Quirk Steven M. recorded a sale transaction valued at $1.29 million. The sale at $53.46 a share has eliminated 24.04 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed -6.57 percent decrease since the transaction reporting date. The company insider is left with 101.12 thousand shares remaining in the account. KOPLOW ELLEN L S, who works as EVP, General Counsel and Sec. at the company, performed a sale of 7.53 thousand shares in a transaction worth $384.48 thousand. The disposal recorded on 12/05/2019 was priced at $51.04 per share. The stock price plunged -2.14 percent since the transaction. KOPLOW ELLEN L S currently holds a stake of 122.1 thousand in AMTD stock which is worth $6.09 million after the insider selling.
In the recent trading session, TD Ameritrade Holding Corporation (NASDAQ:AMTD) shares gained 1.38% or 0.68 points to reach at $49.91 with a thin trading volume of 681.875 thousand shares. It opened the trading session at $49.56, the shares rose to $49.85 and dropped to $49.11, the range by which the price of stock traded the whole session. The company now has a market cap of $26.8 billion and currently has 545.06 million outstanding shares. TD Ameritrade Holding Corporation (AMTD) stock has plunged -5.44 percent of market value in 21 trading days.
Stock analysts at Wolfe Research upped their rating on shares of TD Ameritrade Holding Corporation (NASDAQ:AMTD) from Peer Perform to a new rating of Outperform in their opinion released on January 06. Raymond James analysts have downgraded their rating of AMTD shares from Outperform to Mkt Perform in a separate flash note to investors on December 09. Analysts at Citigroup downgraded the company stock to a Sell call from its previous Neutral stance, in a flash note that dated back to October 14.
AMTD stock’s trailing 3-year beta is 1.25, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $3.96 share in the trailing 52 weeks. The stock’s value fallen -0.95 percent year to date (YTD) compared to a decline of -4.76 percent in 52 week’s period. The firm’s shares are still trading -13.77 percent below its 1-year high of $57.88 and 52.68 percent up from 52-week low of $32.69. The average consensus ranking on the company is 2.6, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a sell.
TD Ameritrade Holding Corporation (AMTD) shares are trading at a P/E ratio of 12.61 times earnings posted in the trailing 12 months. The industry AMTD deals with has an average P/E of 21.13. Its P/B ratio is standing at 2.96X compared to the 5.4 industry average. It is additionally sporting a 4.22 on the Price-to-Sales ratio, compared to the industry’s P/S average of 1.03.
Past records have indicated that shares in TD Ameritrade Holding Corporation rose on 21 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings.