The leading market experts have placed a mean price target of $46.09 on Toronto-Dominion Bank (NYSE:TD) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.94 a share for the upcoming quarter and $3.74 for the current fiscal.
The technical analysis of Toronto Dominion Bank (The) Com plainly substantiates that the 50-day moving average of Toronto Dominion Bank (The) Com is $43.42, and stock is trading $0.74 points away or +1.69% from its 50-day moving average of $43.42. Further it is trading $1.77 or +4.18% away its 200-day moving average of $42.39. Toronto-Dominion Bank (NYSE:TD) 52-week high is $45.74 and the 52-week low is $33.49.
This explains if the stock moves $-1.58, it will post a 52-week high. In event of +31.86% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Toronto Dominion Bank (The) Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Toronto-Dominion Bank (NYSE:TD) ratio came in at 13.04.
The stock last ended the trading session at $44.16 and registered a market cap of $81.85B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Toronto-Dominion Bank (NYSE:TD) PEG ratio is at 3.41.
1 Chart Pattern Every Investor Should Know
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