In the preceding three months, 10 analysts have released ratings for Truist Finl TFC, presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 4 | 4 | 0 | 0 |
Last 30D | 0 | 2 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 1 | 0 | 0 |
2M Ago | 2 | 0 | 2 | 0 | 0 |
3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $54.5, a high estimate of $60.00, and a low estimate of $51.00. This current average reflects an increase of 8.35% from the previous average price target of $50.30.
Understanding Analyst Ratings: A Comprehensive Breakdown
An in-depth analysis of recent analyst actions unveils how financial experts perceive Truist Finl. The following summary 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 |
---|---|---|---|---|---|
Betsy Graseck | Morgan Stanley | Raises | Equal-Weight | $56.00 | $55.00 |
Terry McEvoy | Stephens & Co. | Raises | Overweight | $57.00 | $54.00 |
David Konrad | Keefe, Bruyette & Woods | Raises | Outperform | $57.00 | $55.00 |
Jason Goldberg | Barclays | Raises | Equal-Weight | $51.00 | $47.00 |
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 |
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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Truist Finl compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Truist Finl's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Truist Finl's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Truist Finl analyst ratings.
About 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.
Breaking Down Truist Finl's Financial Performance
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Truist Finl's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 4.44%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
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 falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.3%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Truist Finl's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.26%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Truist Finl's debt-to-equity ratio surpasses industry norms, standing at 0.87. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Significance of Analyst Ratings Explained
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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