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TFC
Stock ticker:
NYSE
AS OF
Aug 16 closing price
Price
$52.01
Change
+$0.58 (+1.13%)
Capitalization
68.99B

TFC Price Prediction, Truist Financial Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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12:00 AM EDT Aug 16, 2022

TFC in upward trend: 10-day moving average crossed above 50-day moving average on July 27, 2022

The 10-day moving average for TFC crossed bullishly above the 50-day moving average on July 27, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 69%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 20, 2022. You may want to consider a long position or call options on TFC as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for TFC just turned positive on July 19, 2022. Looking at past instances where TFC's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

TFC moved above its 50-day moving average on July 19, 2022 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TFC advanced for three days, in of 324 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 218 cases where TFC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for TFC moved out of overbought territory on August 15, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 similar instances where the indicator moved out of overbought territory. In of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TFC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TFC broke above its upper Bollinger Band on August 11, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TFC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.225) is normal, around the industry mean (2.448). P/E Ratio (11.792) is within average values for comparable stocks, (29.995). Projected Growth (PEG Ratio) (1.041) is also within normal values, averaging (1.860). Dividend Yield (0.038) settles around the average of (0.036) among similar stocks. P/S Ratio (3.159) is also within normal values, averaging (3.218).

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published price charts
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published Earnings

TFC is expected to report earnings to rise 10.09% to $1.20 per share on October 18

Truist Financial Corp TFC Stock Earnings Reports
Q3'22
Est.
$1.20
Q2'22
Beat
by $0.02
Q1'22
Beat
by $0.06
Q4'21
Est.
$1.13
Q3'21
Beat
by $0.11
The last earnings report on July 19 showed earnings per share of $1.09, beating the estimate of $1.07. With 3.36M shares outstanding, the current market capitalization sits at 68.99B.
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published Dividends

TFC is expected to pay dividends on September 01, 2022

Truist Financial Corp TFC Stock Dividends
A dividend of $0.52 per share will be paid with a record date of September 01, 2022, and an ex-dividend date of August 11, 2022. The last dividend of $0.48 was paid on June 01. Read more...
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published Highlights

Notable companies

The most notable companies in this group are US Bancorp (NYSE:USB), PNC Financial Services Group (NYSE:PNC), Itau Unibanco Holding SA (NYSE:ITUB), Banco Bradesco SA (NYSE:BBD), Regions Financial Corp (NYSE:RF), Huntington Bancshares (NASDAQ:HBAN), Deutsche Bank Aktiengesellschaft (NYSE:DB), KeyCorp (NYSE:KEY), Veritex Holdings (NASDAQ:VBTX).

Industry description

Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.

Market Cap

The average market capitalization across the Regional Banks Industry is 4.98B. The market cap for tickers in the group ranges from 10.73K to 127.8B. CIHHF holds the highest valuation in this group at 127.8B. The lowest valued company is ACBCQ at 10.73K.

High and low price notable news

The average weekly price growth across all stocks in the Regional Banks Industry was 2%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was -4%. ACFL experienced the highest price growth at 400%, while SMUUY experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Regional Banks Industry was -60%. For the same stocks of the Industry, the average monthly volume growth was -69% and the average quarterly volume growth was -75%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 51
Price Growth Rating: 49
SMR Rating: 48
Profit Risk Rating: 74
Seasonality Score: -6 (-100 ... +100)
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TFC
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
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published General Information

General Information

a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities.

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
N/A
Address
214 North Tryon Street
Phone
+1 336 733-2000
Employees
52641
Web
https://www.truist.com

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TFC and

Correlation & Price change

A.I.dvisor indicates that over the last year, TFC has been closely correlated with PNC. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if TFC jumps, then PNC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TFC
1D Price
Change %
TFC100%
+1.15%
PNC - TFC
89%
Closely correlated
+0.65%
RF - TFC
88%
Closely correlated
+1.13%
KEY - TFC
88%
Closely correlated
+1.67%
FITB - TFC
88%
Closely correlated
+1.05%
HBAN - TFC
86%
Closely correlated
+0.77%
More