U.S. Bancorps in-depth stock price analysis indicates that the stock price has rallied 8.9% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 23.53% . Looking at the past 52 week period, the stock price is up at 37.11% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of U.S. Bancorp has a positive value of 26.56 compared to overall market. U.S. Bancorp (NYSE:USB) has tumbled 0.09% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.71% in the last four weeks. The stocks have underperformed the S&P 500 by 0.9% during the past week but U.S. Bancorp (NYSE:USB) it has outperformed the index in 4 weeks by 1.86%.
U.S. Bancorp (NYSE:USB) : On Friday heightened volatility was witnessed in U.S. Bancorp (NYSE:USB) which led to swings in the share price. The stock opened for trading at $53.81 and hit $53.85 on the upside , eventually ending the session at $53.61, with a gain of 0.13% or 0.07 points. The heightened volatility saw the trading volume jump to 3,892,386 shares. The 52-week high of the share price is $54.0353 and the company has a market cap of $90,976 million. The 52-week low of the share price is at $37.07 .
U.S. Bancorp Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.81. The company had revenue of $5435.00 million for the quarter, compared to analysts expectations of $5381.85 million. The companys revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Wedbush on Jan 19, 2017 to Neutral, Raises Price Target to $ 52 from a previous price target of $51 .U.S. Bancorp was Initiated by UBS on Jan 11, 2017 to Buy, Price Target of the shares are set at $60.Company shares were Reiterated by Barclays on Jan 3, 2017 to Overweight, Raises Price Target to $ 60 from a previous price target of $51 .U.S. Bancorp was Downgraded by Susquehanna to Neutral on Dec 1, 2016. Company shares were Reiterated by Wedbush on Nov 30, 2016 to Neutral, Raises Price Target to $ 50 from a previous price target of $49 .
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Jennie P Carlson (EVP, Human Resources) sold 20,000 shares at 54.00 per share price.On Feb 2, 2017, John R. Elmore (Vice Chairman) sold 30,000 shares at 53.30 per share price.On Jan 31, 2017, Kent V. Stone (Vice Chairman) sold 14,009 shares at 53.05 per share price.
U.S. Bancorp is a financial services holding company. They operate full-service branch offices and ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.