Wells Fargo & Company moved 3.2% this evening session, trading between a high of $40.54 and a low of $39.39 per share. Yesterday the stock finished at $39.26 per share, compared to an average analyst target price of $50.61.
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The large-cap major banks company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.2%. Wells Fargo & Company has trailing twelve months earnings per share (EPS) of 4.63, which at today's prices amounts to a price to earnings (P/E) ratio of 8.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.16. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Snapshot of Wells Fargo & Company's Operating Margins:
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 80,279,000 | nan | 23 | 15.0 |
| 2022 | 73,785,000 | nan | 20 | -45.95 |
| 2021 | 78,492,000 | nan | 37 | 1133.33 |
| 2020 | 74,264,000 | nan | 3 | -90.32 |
| 2019 | 85,063,000 | nan | 31 | -6.06 |
| 2018 | 86,408,000 | nan | 33 |
Wells Fargo & Company's net margins are averaging 20.5%, with a relatively high coefficient of variability of 373.2%. The firm's margins are declining at a -5.9% compounded yearly rate.
