TD

Fundamentals to Watch About Toronto Dominion Bank (TD)

Toronto Dominion Bank moved -1.1% this afternoon session, trading between a high of $61.03 and a low of $60.44 per share. Yesterday the stock finished at $61.53 per share, compared to an average analyst target price of $74.41.

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. The large-cap banks—diversified company is based in Canada, and over the last twelve months it has returned a dividend yield of 5.9%. Toronto Dominion Bank has trailing twelve months earnings per share (EPS) of 6.13, which at today's prices amounts to a price to earnings (P/E) ratio of 9.9.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.85. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Overview of Toronto Dominion Bank's Net Margins:

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022-10-31 45,762,000 17,429,000 38.09 12.59
2021-10-31 42,266,000 14,298,000 33.83 23.11
2020-10-31 43,284,000 11,895,000 27.48 -4.08
2019-10-31 40,729,000 11,668,000 28.65 n/a

Averaging out to 32.0125% over the last 4 years, Toronto Dominion Bank's net margins are in line with the Banking industry average of 26.96%. The firm's net margins are growing at a rate of 7.4%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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