EPS Estimates Lure Passive Investments: Wells Fargo & Company (NYSE:WFC), F.N.B. Corporation (NYSE:FNB)

Wells Fargo & Company (NYSE:WFC) [Trend Analysis] surged reacts as active mover, shares an increase 0.22% to traded at $57.94.

Lets us look over what analysts have to say about performance of the WFC. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.96 as compared to the next year Q1 current trend of $1.04. While on annual basis the current EPS estimates trend for FY 2017 came in for $4.60 as compared to three months ago $4.59.

The stock prices target chart showed high target of 65 kept by analysts at WSJ while the average price target was for 58.71 as compared to current price of 58.06. Somehow, the stock managed to gain BUY ratings by 9 analysts in current tenure as 2 analysts having overweight ratings, 16 recommend as HOLD, 1 stand at Underweight and 5 gave it as a SELL security for current period. Overall, the consensus ratings were for Hold by the pool of analysts.

The firm past twelve months price to sales ratio was 5.47 and price to cash ratio remained 0.81. As far as the returns are concern, the return on equity was recorded as 11.60% and return on investment was 7.90% while its return on asset stayed at 1.10%. The firm has total debt to equity ratio measured as 1.46.

F.N.B. Corporation (NYSE:FNB) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.51% to close at $15.73 with the total traded volume of 652125 shares. Finally to see some strong financial remarks by WSJ over FNB performance. Out of the pool of analysts 3 gave their BUY ratings on the stock in previous month as 3 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.23 while one month ago this estimate trend was for $0.23. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.14 and for the one month was for $1.14 as compared to three months ago was for $1.13. Whereas, FNB received highest price target of 19 and low target of 16.50. The stock price target chart showed average price target of 17.50 as compared to current price of 15.88.

The firm has institutional ownership of 85.30%, while insider ownership included 1.20%. Its price to sales ratio ended at 4.86. FNB attains analyst recommendation of 2.30 with week’s performance of 0.45%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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