Wells Fargo & Company moved 3.2% this morning session, trading between a high of $38.69 and a low of $37.47 per share. Yesterday the stock finished at $37.49 per share, compared to an average analyst target price of $48.75.
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The large-cap major banks company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.1%. Wells Fargo & Company has trailing twelve months earnings per share (EPS) of 3.46, which at today's prices amounts to a price to earnings (P/E) ratio of 11.2.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.4. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of Wells Fargo & Company's Net Margins:
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 73,785,000 | 13,182,000 | 17.87 | -34.9 |
| 2021-12-31 | 78,492,000 | 21,548,000 | 27.45 | 501.97 |
| 2020-12-31 | 72,340,000 | 3,301,000 | 4.56 | -80.16 |
| 2019-12-31 | 85,063,000 | 19,549,000 | 22.98 | n/a |
Wells Fargo & Company's net margins are averaging 18.215%, with a relatively high coefficient of variability of 54.4%. To make matters worse, the firm's net margins are shrinking at a compounded average yearly rate of -6.1%.
