Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $44.6700 on U.S. Bancorp (NYSE:USB) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.2500 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of U.S. Bancorp (NYSE:USB) stands at 13.4827.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For U.S. Bancorp Common Stock, the PEG ratio for coming 3-5 years is 2.8600.
The technical analysis highlights that U.S. Bancorp Common Stock current is trading $1.6588 points away or +4.0115% from its 50-day moving average of $41.3511. Further it is trading $1.8969 or +4.6139% away its 200-day moving average of $41.1130.
The 52-week high of U.S. Bancorp (NYSE:USB) was $45.8400 while lowest point recorded in 52-week was $37.0700. It implies if stock price makes a movement of over $-2.8301, it will record a new 52-week high. In the case of +16.0235% drop, it will touch a new 52-week low.
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