Wells Fargo & Co (NYSE:WFC) shares, rose in value, with the stock price down by -1.96% to the previous day’s close as strong demand from buyers drove the stock to $70.86.
Actively observing the price movement in the recent trading, the stock is buoying the session at $72.28, falling within a range of $70.12 and $72.55. The value of beta (5-year monthly) is 1.156 whereas the PE ratio is 13.19 over 12-month period. Referring to stock’s 52-week performance, its high was $81.50, and the low was $50.15. On the whole, WFC has fluctuated by -7.52% over the past month.
With the market capitalization of Wells Fargo & Co currently standing at about $231.37 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-14. The company’s Forward Dividend Ratio is 1.55, with its dividend yield at 2.19%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 84.92B, with a low estimate of 20.49B and a high estimate of 21.2B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 20.78B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WFC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.95, with the price of WFC currently trading nearly -1.27% and -6.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.41, while the 7-day volatility ratio is showing 2.00% which for the 30-day chart, stands at 3.01%. Furthermore, Wells Fargo & Co (WFC)’s beta value is 1.01, and its average true range (ATR) is 2.04.
A comparison of Wells Fargo & Co (WFC) with its peers suggests the former has fared considerably weaker in the market. WFC showed an intraday change of -1.96% in today’s session so far, and over the past year, it grew by 25.02%%.
Data on historical trading for Wells Fargo & Co (NYSE:WFC) indicates that the trading volumes over the past 10 days have averaged 13.9 and over the past 3 months, they’ve averaged 15.83 million. According to company’s latest data on outstanding shares, there are 3.29 billion shares outstanding.
Nearly 0.18% of Wells Fargo & Co’s shares belong to company insiders and institutional investors own 78.09% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 35.41 million shares as on 2025-03-14, resulting in a short ratio of 1.9. According to the data, the short interest in Wells Fargo & Co (WFC) stood at 109.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 28.64 million. The stock has risen by 0.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WFC stock heading into the next quarter.
