Does Capital One Financial Corp. (NYSE: COF) Still Look Hot This Week?

Capital One Financial Corp. (NYSE:COF) traded at $157.73 at last check on current trade day and made an upward move of 0.64% on its previous day’s price.

Looking at the stock we see that its previous close was $156.73 and the beta (5Y monthly) reads 1.446 with the day’s price range being $157.5 – $159.29. The company has a trailing 12-month PE ratio of 14.84. In terms of its 52-week price range, COF has a high of $159.78 and a low of $88.23. The company’s stock has gained about 8.72% over that past 30 days.

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Capital One Financial Corp. has a market cap of $60.23 billion and is expected to release its quarterly earnings report on 2024-Oct-24. With its Forward Dividend at 2.40 and a yield of 1.52%, the company’s investors could be anxious for the COF stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the COF stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.

Based on estimates by 12 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the Capital One Financial Corp. (COF) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the COF stock currently stands at 0.30, and the most recent price level today is 4.46% off its SMA20 and 9.18% from its 50-day simple moving average. The RSI (14) is pointing at 65.45 while the volatility over the past week is 2.16% and jumps to 2.44% over the past one month. The beta value is 1.45, while the average true range (ATR) is currently pointing at 3.77. The average price target for the stock over the next 12 months is $170, with the estimates having a low of $121 and a high of $207. These price ends are 23.29% and -31.24% off the today’s price level respectively, although investors could be excited at the prospect of a -7.78% if the COF share price touches on the median price of $170.

Coming back to Capital One Financial Corp. (NYSE:COF), we note that the average 3-month trading volume was 2.32 million, while that of the preceding 10-day period stands at 2.09 million. Current shares outstanding are 380.39 million.

The insiders hold 1.34% of the company’s shares while institutions hold 91.97%. The data shows that short shares as of 2024-09-30, stood at 9.86 million at a short ratio of 4.17. This represents a 261.00 short interest in shares outstanding on 2024-09-30. Shares short rose in September from the previous month at 9.15 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 20.29% up in year-to-date price movement.

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