Don't Judge Toronto Dominion Bank on Technicals Alone - Check Its Fundamentals!

Toronto Dominion Bank logged a -1.9% change during today's evening session, and is now trading at a price of $59.35 per share. The S&P 500 index moved 1.0%. TD's trading volume is 7,389,546 compared to the stock's average volume of 2,860,453.

Toronto Dominion Bank trades -8.04% away from its average analyst target price of $64.54 per share. The 5 analysts following the stock have set target prices ranging from $56.73 to $70.63, and on average have given Toronto Dominion Bank a rating of buy.

Anyone interested in buying TD should be aware of the facts below:

  • Based on its trailing earnings per share of 4.12, Toronto Dominion Bank has a trailing 12 month Price to Earnings (P/E) ratio of 14.4 while the S&P 500 average is 15.97

  • TD has a forward P/E ratio of 9.6 based on its forward 12 month price to earnings (EPS) of $6.16 per share

  • The company has a price to earnings growth (PEG) ratio of -38.57 — a number near or below 1 signifying that Toronto Dominion Bank is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 0.99 compared to its sector average of 1.58

  • The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally.

  • Based in Toronto, the company has 103,257 full time employees and a market cap of $106.34 Billion. Toronto Dominion Bank currently returns an annual dividend yield of 6.3%.

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.