After moving -1.9% during today's afternoon session, Wells Fargo & Company is now trading at a price of $39.51 per share. On average, analysts give it a target price of $50.61.
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.
Wells Fargo & Company Investors Should Consider This:
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Wells Fargo & Company has moved -11.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 1.16. A number between 0 and 1 could mean that the market is undervaluing Wells Fargo & Company's estimated growth potential
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Its Price to Book (P/B) ratio is 0.89
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Wells Fargo & Company currently returns an annual dividend yield of 3.1%.
Understanding Wells Fargo & Company's Operating Margins
| Date Reported | Total Revenue ($ 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.
