Wells Fargo & Company moved 0.5% this afternoon session, trading between a high of $41.1993 and a low of $40.465 per share. Yesterday the stock finished at $40.65 per share, compared to an average analyst target price of $48.0.
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The large-cap major banks company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.0%. Wells Fargo & Company has trailing twelve months earnings per share (EPS) of 3.96, which at today's prices amounts to a price to earnings (P/E) ratio of 10.3.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.33. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Snapshot of Wells Fargo & Company's Operating Margins:
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-21 | 73,785,000 | 20 | -45.95 | |
| 2022-02-22 | 78,492,000 | 37 | 640.0 | |
| 2021-02-23 | 74,264,000 | 5 | -83.33 | |
| 2020-02-27 | 86,832,000 | 30 | -9.09 | |
| 2019-02-27 | 86,408,000 | 33 | 6.45 | |
| 2018-03-01 | 88,389,000 | 31 |
Wells Fargo & Company's net margins have averaged out to 20.666666666666668% over the last 6 years, which is significantly lower than the Banking industry average of 26.96%. The firm's margins are declining at a -6.8% compounded yearly rate.
