Ratings for Truist Finl TFC were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $52.38, with a high estimate of $60.00 and a low estimate of $46.00. This upward trend is apparent, with the current average reflecting a 9.13% increase from the previous average price target of $48.00.
Exploring Analyst Ratings: An In-Depth Overview
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 |
|---|---|---|---|---|---|
| Terry McEvoy | Stephens & Co. | Maintains | Overweight | $54.00 | $54.00 |
| David Rochester | Compass Point | Raises | Buy | $56.00 | $47.00 |
| Scott Siefers | Piper Sandler | Raises | Neutral | $51.00 | $46.00 |
| Ryan Nash | Goldman Sachs | Raises | Buy | $60.00 | $50.00 |
| Keith Horowitz | Citigroup | Raises | Neutral | $51.00 | $47.00 |
| Mike Mayo | Wells Fargo | Raises | Overweight | $52.00 | $48.00 |
| Erika Najarian | UBS | Raises | Buy | $49.00 | $47.00 |
| Gerard Cassidy | RBC Capital | Raises | Outperform | $46.00 | $45.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Truist Finl. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning 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.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Truist Finl's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Truist Finl analyst ratings.
Discovering Truist Finl: A Closer Look
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.
Truist Finl's Financial Performance
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Truist Finl's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 4.44%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Truist Finl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 26.27%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Truist Finl's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.3%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Truist Finl's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.26%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Truist Finl's debt-to-equity ratio stands notably higher than the industry average, reaching 0.87. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Understanding the Relevance of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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