Uncover the Reason: Why Truist Financial Corp (TFC) Stock Is Trading 28.28% Above Its 52-Week Low?

HSBC Securities has recently raised Truist Financial Corp (TFC) stock to Buy rating, as announced on January 7, 2025, according to Finviz. Earlier, on August 9, 2024, Wolfe Research had raised the stock from a Underperform to Peer Perform. Citigroup also reduced Neutral rating with a price target of $47. Additionally, Robert W. Baird reduced Neutral rating on July 17, 2024, with a target price of $45. Barclays analysts, in their report published on May 16, 2024, also resumed Equal Weight rating for Truist Financial Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Truist Financial Corp (TFC) Stock Trading Recap

On Tuesday, Truist Financial Corp (TFC) stock saw a modest uptick, ending the day at $43.91 which represents a slight increase of $0.79 or 1.83% from the prior close of $43.12. The stock opened at $ and touched a low of $ during the day, reaching a high of $. The volume of shares traded was 10.27 million exceeding the average volume of 7.90 million.


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TFC Stock Performance and Moving Averages

In recent trading, Truist Financial Corp (TFC) stock price has shown some volatility, fluctuating -0.43% over the last five trades and -3.83% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 6.06%, and it has gained 1.50% in the previous three months. Currently, TFC is trading at 0.21%, -2.93%, and 5.47% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, TFC, a Financial sector stock, is trading -10.49% below its 52-week high but remains 28.28% above its 52-week low. The Average True Range (ATR) (14 days) of 0.94 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Truist Financial Corp’s Profitability and Valuation Ratios

Truist Financial Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of -3.74% and a profit margin of -7.63%, with a gross margin of 6.06%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Truist Financial Corp’s market capitalization stands at $58.29 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 11.13. Additionally, the Price-to-Sales Ratio is 2.32, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.99, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.22% of Truist Financial Corp (TFC)’s shares, while financial institutions hold 73.13%.

Notable insider trades include Boyer K. David Jr., Director at Truist Financial Corp (TFC), who sold 4966 shares on Dec 04 ’24, at $46.2 each, totaling $0.23 million. On Jul 25 ’24, Powell Cynthia B, Corp. Controller, Exec VP, sold 6688 shares for $44.14 each, amounting to $0.30 million. Additionally, on Mar 07 ’24, Boyer K. David Jr. sold 3764 shares at $37.48 each, generating $0.14 million.

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