Let’s take a brief check on where covering Street analysts see U.S. Bancorp (NYSE:USB) moving in the near-term. Analysts taken into consideration by Thomson Reuters have a current consensus target on company shares of $49.14. It is useful to remember that target price projections can greatly vary from analyst to analyst. Covering analysts use their deep knowledge and expertise to help create their best calculation of where they think shares could be moving in the future.
Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. U.S. Bancorp Common Stock currently has a P/E Ratio of 15.36. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of 3.27.
Looking at stock performance, company shares have recently traded $3.98 away from the 50-day moving average of $45.64 and $6.52 away from the 200-day moving average of $43.10. The stock has been recently noted -0.30% off of the 52-week high of 49.77 and +33.85% off of the 52-week low of 37.07. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.