Home  »  Companies   »  Update to the value of The PNC Financial Services ...

Update to the value of The PNC Financial Services Group Inc. (PNC) stock

Related Topics

Piper Sandler raised the price target for the The PNC Financial Services Group Inc. (NYSE:PNC) stock from “an Overweight” to “a Neutral”. The rating was released on January 13, 2021. We previously noted in another research note published on January 11, 2021 by Citigroup that upgraded the stock from a Neutral to a Buy with a price target of $179 for PNC stock. The research report from Stephens has downgraded the stock from Overweight to Equal-Weight, with a price target set at $135. The stock was upgraded by UBS, who disclosed in a research note on November 23, 2020, from Sell to Neutral and set the price objective to $122.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!


Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $4.1 during the last quarter as opposed to a consensus estimate of $2.75, which indicates the company beat its estimate by $1.35, which implies that the company surprised the market by 49.10%. It appears that the average earnings per share estimate for the current quarter (ending in Jun 2021) is $3.03. This is an average of 15 analysts’ earnings, where the high earnings per share estimate is $3.57 and the low earnings per share estimate is $2.57. According to 12 analyst estimates, an average revenue estimate of $4.19B is projected for the current quarter with a high revenue estimate of $4.3B and a low estimate of $4.08B.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of The PNC Financial Services Group Inc. (NYSE:PNC) raised 2.42% to close Friday’s market session at $178.04, higher as compared to yesterday’s close. The stock price fluctuated between $173.53 and $179.14 throughout the trading session with the volume trading being 2031277 shares, which represented a significant variation when compared to the three months average volume of 1.93 million shares. The firm’s stock price fluctuated -0.46% within the last five trades and 4.58% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 60.92% in the last 6 months and 16.69% was added to its value over the previous 3 months. PNC stock is trading at a margin of 0.47%, 2.07% and 30.09% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, PNC deals in the Financial domain. The stock is trading -3.41 percent below its 52-week high and 90.89 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 77.78. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does The PNC Financial Services Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 86.60 percent and the profit margin is 63.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $73.71 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for The PNC Financial Services Group Inc. (NYSE:PNC) is 27.91. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 13.12. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 6.52 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.40, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.30 percent of The PNC Financial Services Group Inc. shares are owned by insiders, and 84.80 percent are held by financial institutions. Fallon Kieran John, the Executive Vice President at The PNC Financial Services Group Inc. (PNC) has sold 125 shares of firm on Apr 16 at a price of $177.51 against the total amount of $22189.0. In another inside trade, Fallon Kieran John, Executive Vice President of The PNC Financial Services Group Inc. (NYSE:PNC) sold 125 shares of the firm on Apr 01 for a total worth of $21806.0 at a price of $174.45. An inside trade which took place on Mar 16, Executive Vice President of The PNC Financial Services Group Inc. Fallon Kieran John sold 125 shares of firm against total price of $22075.0 at the cost of $176.60 per share.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:
Sign up for our FREE Newsletter and get:


Download free eBook for