U.S. Bancorp (NYSE: USB) has reported E.P.S. of $0.78 for its first fiscal quarter (ending March 31) versus $1.04 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.02 compared to $3.76 a year ago.
Recent Price Action
On 4/17/24, U.S. Bancorp (NYSE: USB) stock declined by -3.6%, closing at $39.52. Moreover, this decline was accompanied by unusually high trading volume at 174% of normal. The stock has declined -10.1% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
USB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
US Bancorp has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. US Bancorp has a good Power Rating of 81 and a good Appreciation Score of 85, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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