For its third fiscal quarter (ending September 30), U.S. Bancorp (NYSE: USB) has reported a 13% increase in E.P.S. from $0.91 a year ago to $1.03 in the current quarter. This result exceeded the consensus estimate of $0.99 by $0.04. E.P.S. were $3.26 for the latest four quarters through September 30 versus $3.36 for the same period a year ago — a decline of -3%.
Recent Price Action
On 10/16/24, U.S. Bancorp (NYSE: USB) stock enjoyed a large increase of 4.7%, closing at $49.21. Moreover, exceptionally high trading volume at 370% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 11.2% during the last week.
Current PriceTarget Research Rating
USB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
US Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. US Bancorp has a good Power Rating of 71 and a good Appreciation Score of 84, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment