During the last three months, 9 analysts shared their evaluations of Truist Finl TFC, revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 3 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 3 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $43.33, with a high estimate of $49.00 and a low estimate of $39.00. Surpassing the previous average price target of $40.11, the current average has increased by 8.03%.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Truist Finl's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Rochester | Compass Point | Raises | Buy | $42.00 | $34.00 |
| Betsy Graseck | Morgan Stanley | Maintains | Equal-Weight | $43.00 | $43.00 |
| Ken Usdin | Jefferies | Raises | Hold | $41.00 | $40.00 |
| David Konrad | Keefe, Bruyette & Woods | Raises | Outperform | $45.00 | $44.00 |
| Erika Najarian | UBS | Raises | Buy | $49.00 | $45.00 |
| Mike Mayo | Wells Fargo | Raises | Overweight | $45.00 | $39.00 |
| Saul Martinez | HSBC | Raises | Hold | $39.00 | $37.00 |
| Terry McEvoy | Stephens & Co. | Raises | Overweight | $43.00 | $41.00 |
| Betsy Graseck | Morgan Stanley | Raises | Equal-Weight | $43.00 | $38.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Truist Finl. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Truist Finl compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Truist Finl's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Truist Finl's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Truist Finl analyst ratings.
Unveiling the Story Behind Truist Finl
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.
Financial Insights: Truist Finl
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Truist Finl's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -8.22%. This indicates a decrease in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Truist Finl's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -90.68%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Truist Finl's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -9.6%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Truist Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.96%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.14, caution is advised due to increased financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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