Earnings per share (EPS) are also expected to be mixed. For the quarter, shares have been noted at -0.02%. EPS is looking more attractive though and is expected to increase by 11.8% from the prior quarter and 7% over the year to come in at 1.80.
Wells Fargo reported that credit-card transactions totaled United States dollars 18.3 Billion the quarter, increasing by 5% year-over-year. Its mean recommendation was cut from "buy" to 'hold' late last year and has not been upgraded despite posting a record EPS of 25.27 per share for the full year 2018. Compared to the same quarter previous year, the firm's revenue was down by -6.42%. Its P/Cash is esteemed at 0.58. The average true range is a moving average, generally 14 days, of the true ranges. In theory, there is an infinite number of simple moving averages but the most common are three SMA20, SMA50 and SMA200.
Wells Fargo & Co (NYSE:WFC) last announced its quarterly earnings data on Tuesday, January 15th.
Amongst the analysts that rated the stock, 2 have recommended investors to sell it, 16 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. Target pricing at which a trader plans that a buyer will buy a product. The company is targeting expenses for 2019 of $52 billion to $53 billion. Likewise, a high-level of debt can artificially boost ROE; after all, the more debt a company has, the fewer shareholders equity it has (as a percentage of total assets) and the higher its ROE is.
Relative Strength Index (RSI): The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. A value between 0 to -20 would represent a strong overbought condition. The company subtracted about -3.98% in its share price over 1-Month.
SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The assumption behind the indicator is that investment instruments move in cycles with highs and lows coming at certain periodic intervals.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. For the last month, volatility is at 1.9402221. Comparatively, the gazes have a Gross margin N/A. The trading day volume of the company stands at 30.79 Million shares while the average trading volume of Wells Fargo & Company (NYSE:WFC) is 21.48 Million over the course of 3 consecutive months.
The USA listed company saw a recent price trade of $47.74 and 33,580,750 shares have traded hands in the session. As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. The Index is a modified market capitalization weighted index created to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.