U.S. Bancorp (NYSE:USB) Stock Valuation And Technical Analysis

The stock is lingering around the initial support level of $54.37. After this, the following support is at the zone of $53.76. Up until the time the USB stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 19.05 on the daily chart, and this may be a cause for comfort. In case the price goes below $53.76 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $55.7 level may cause a pull-back move approaching $56.42 mark.

U.S. Bancorp (USB) is most likely going to rise 9.6 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $71 as 12-month high price target. This represents a whopping 29.33 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $60, which means a return possibility of 9.29 percent in comparison with the closing price of the stock of $54.9 in recent trading session. The lowest price set for the stock is $53 which is just above -3.46 percent from USB share’s price at the end of session.

Let’s take a glimpse at some insider activity at U.S. Bancorp (NYSE:USB) and observe the pattern. The earliest insider trade happened on 12/06/2019. Kotwal Shailesh M parted with a total of 42.9 thousand shares of the firm at average share price of $60.24. The total amount for the sale was set at $2.58 million. On completing this exchange, the Vice Chair account balance was 53.29 thousand shares. The stock lost -8.91 percent from that insider sale. On 11/22/2019, CHOSY JAMES L, EVP and General Counsel, did a sale of 12.36 thousand shares at a price of $59.93 per share. This got rid of 740.5 thousand shares from the insider’s fortune and the stock experienced a -8.44 percent retreat in price since the news became public. This exchange saw 91.72 thousand shares get out from the EVP and General Counsel account. On 11/20/2019, Vice Chair GODRIDGE LESLIE V recorded a sale transaction valued at $1.54 million. The sale at $59.06 a share has eliminated 26.08 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed -7.09 percent decrease since the transaction reporting date. The company insider is left with 52.59 thousand shares remaining in the account. Richard Jodi L, who works as Vice Chair at the company, performed a sale of 2.6 thousand shares in a transaction worth $154.99 thousand. The disposal recorded on 11/18/2019 was priced at $59.61 per share. The stock price plunged -7.95 percent since the transaction. Richard Jodi L currently holds a stake of 33.57 thousand in USB stock which is worth $1.84 million after the insider selling.

In the recent trading session, U.S. Bancorp (NYSE:USB) shares lost -0.13% or -0.07 points to reach at $54.9 with a thin trading volume of 3.359 million shares. It opened the trading session at $55.47, the shares rose to $55.82 and dropped to $54.49, the range by which the price of stock traded the whole session. The company now has a market cap of $86.5 billion and currently has 1.57 billion outstanding shares. U.S. Bancorp (USB) stock has plunged -8.79 percent of market value in 21 trading days.

Stock analysts at JP Morgan cut their rating on shares of U.S. Bancorp (NYSE:USB) from Neutral to a new rating of Underweight in their opinion released on January 16. Wells Fargo analysts have downgraded their rating of USB shares from Equal Weight to Underweight in a separate flash note to investors on January 06. Analysts at Goldman downgraded the company stock to a Sell call from its previous Neutral stance, in a flash note that dated back to January 06.

USB stock’s trailing 3-year beta is 1.09, 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 $4.35 share in the trailing 52 weeks. The stock’s value fallen -7.29 percent year to date (YTD) compared to a rise of 14.59 percent in 52 week’s period. The firm’s shares are still trading -10.17 percent below its 1-year high of $61.11 and 15.4 percent up from 52-week low of $47.57. The average consensus ranking on the company is 3, 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 hold.

U.S. Bancorp (USB) shares are trading at a P/E ratio of 13.03 times earnings posted in the trailing 12 months. The industry USB deals with has an average P/E of 14.07. Its P/B ratio is standing at 1.88X compared to the 1.52 industry average. It is additionally sporting a 3.17 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.75.

Past records have indicated that shares in U.S. Bancorp rose on 22 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. Investors will get the next hint of USB’s Q1 earnings on April 15. Analysts are predicting revenue to climb 1.3 percent to $5.62B in the financial first quarter, while EPS will soar by about 3 percent to $1.03 per share. In the last quarter, it’s earnings of $1.15 per share came better than the $1.08595, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $5.9B, topping the $5.81B analysts had expected. Earnings are seen to rise by 39.3 percent this year, 1.85 percent in the coming year and the trend continues by 4.9 percent every year in the next 5 years.