Wells Fargo & (WFC) Stock Update for Investors

By Kim Brooks • Tuesday, June 25 16:50 • Permanent Link

Wells Fargo & sank -3.1% today, compared to the S&P 500's day change of 0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Wells Fargo & has moved 44.2% over the last year, and the S&P 500 logged a change of 24.4%
WFC has an average analyst rating of buy and is -9.61% away from its mean target price of $63.28 per share
Its trailing earnings per share (EPS) is $4.8
Wells Fargo & has a trailing 12 month Price to Earnings (P/E) ratio of 11.9 while the S&P 500 average is 27.65
Its forward earnings per share (EPS) is $5.55 and its forward P/E ratio is 10.3
The company has a Price to Book (P/B) ratio of 1.23 in contrast to the S&P 500's average ratio of 4.59
Wells Fargo & is part of the Finance sector, which has an average P/E ratio of 15.89 and an average P/B of 1.76
WFC has reported YOY quarterly earnings growth of -2.4% and gross profit margins of 0.0%
Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. The company was founded in 1852 and is headquartered in San Francisco, California.

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.