Wells Fargo & Company (NYSE:WFC) projected it would experience an overall $17 billion revenue loss if the U.S. economy were to go through a severe downturn during a 2½-year period ending March 31, 2021. Wells Fargo is among 35 bank holding companies required by the Federal Reserve to do stress-test assessments twice annually. The banks represent more than 80 percent of domestic banking assets.
Technical Stock Analysis
Wells Fargo & Company (NYSE:WFC), a Financial sector firm, traded 39.18 Million shares in last trading session and stock rose 2.25% with closing price of $46.89 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Wells Fargo & Company (NYSE:WFC)’s profitability or to compare the efficiency of different investments, hence, WFC return on investment (ROI) is 10.60%.
52-Week Range
52-Week Range are valuable stats for watching Wells Fargo & Company (NYSE:WFC)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Wells Fargo & Company (NYSE:WFC)’s stock value has moved between $43.02 – 59.35 in last one year.
Analyst’s Views
Analysts mean target price for Wells Fargo & Company (NYSE:WFC) is $52.00 while analysts mean recommendation is 2.70.
Stock Performance
Its weekly performance is 2.85% while year to date (YTD) performance is 1.76%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Wells Fargo & Company (NYSE:WFC)’s EPS growth this year is 19.20%. For best decision making investors should look at Wells Fargo & Company (NYSE:WFC)’s EPS growth for next year stands at 8.17%.
