Several other research analysts also recently commented on AMTD. UBS Group reissued a “sell” rating on shares of in a research note on Monday, June 24th. Compass Point set a $52.00 target price on E*TRADE Financial and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. Wolfe Research raised TD Ameritrade from an “underperform” rating to a “market perform” rating in a research note on Wednesday, March 27th. Zacks Investment Research cut Hope Bancorp from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 26th. Finally, BidaskClub upgraded Zai Lab from a “buy” rating to a “strong-buy” rating in a report on Friday, June 28th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. TD Ameritrade has an average rating of “Hold” and a consensus target price of $58.86.
Shares of NASDAQ AMTD opened at $50.97 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market capitalization of $28.20 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 0.76 and a beta of 1.14. TD Ameritrade has a 12 month low of $45.70 and a 12 month high of $60.99. The business’s 50-day simple moving average is $50.69.
TD Ameritrade (NASDAQ:AMTD) last issued its earnings results on Tuesday, April 23rd. The financial services provider reported $0.93 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.93. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.46 billion. TD Ameritrade had a return on equity of 26.73% and a net margin of 34.94%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. As a group, equities research analysts forecast that TD Ameritrade will post 3.98 EPS for the current year.
Several large investors have recently added to or reduced their stakes in the company. Cetera Advisor Networks LLC grew its holdings in shares of TD Ameritrade by 3.5% during the fourth quarter. Cetera Advisor Networks LLC now owns 5,909 shares of the financial services provider’s stock worth $291,000 after purchasing an additional 201 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD boosted its holdings in TD Ameritrade by 1.4% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 17,721 shares of the financial services provider’s stock valued at $885,000 after acquiring an additional 247 shares during the last quarter. Gulf International Bank UK Ltd boosted its holdings in TD Ameritrade by 0.6% in the first quarter. Gulf International Bank UK Ltd now owns 62,741 shares of the financial services provider’s stock valued at $3,136,000 after acquiring an additional 400 shares during the last quarter. Bridges Investment Management Inc. boosted its holdings in TD Ameritrade by 10.6% in the first quarter. Bridges Investment Management Inc. now owns 4,700 shares of the financial services provider’s stock valued at $235,000 after acquiring an additional 450 shares during the last quarter. Finally, World Asset Management Inc boosted its holdings in TD Ameritrade by 5.3% in the first quarter. World Asset Management Inc now owns 10,579 shares of the financial services provider’s stock valued at $529,000 after acquiring an additional 533 shares during the last quarter. Institutional investors own 92.03% of the company’s stock.
About TD Ameritrade
TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States. It offers trade execution, clearing, and margin lending services; futures and foreign exchange trade execution services; and trustee, custodial, and other trust-related services to retirement plans and other custodial accounts, as well as provides cash sweep and deposit account products through third-party relationships.
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