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Wells Fargo (IT:1WFC)
MILAN:1WFC
Wells Fargo (1WFC) Stock Price & Analysis
0 Followers
1WFC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€36.03 - €58.11
Previous Close€54.45
Volume0.00
Average Volume (3M)45.00
Market Cap
€189.57B
Enterprise Value€463.61B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$296.78B
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Oct 11, 2024EPS Estimate
€1.17Last Dividend Ex-Date
May 09, 2024Dividend Yield2.36%
Share Statistics
EPS (TTM)N/A
Shares Outstanding3,486,315,358
10 Day Avg. Volume0
30 Day Avg. Volume45
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.57
Price to Sales (P/S)9.25
Price to Cash Flow (P/CF)-4.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.60
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€58.16Price Target Upside6.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Wells Fargo News
Bulls Say, Bears Say
Bulls Say
Branch And ATM NetworkThe bank operates one of the largest branch and ATM networks, on top of providing mobile banking services, serving one in three US households and more than 10% of small businesses.
Non-Interest Income GrowthNon-interest income grew 17% YoY from increased investment advisory, card fees, and investment banking.
Share BuybacksBuybacks of $12.2B in 1H24 above FY 2023's $11.9B, hitting guidance of higher buybacks in 2024 vs 2023.
Bears Say
Financial PerformanceThe outlook is weaker than previously expected in net interest income and non-interest expenses.
Operating ExpensesPotential operating losses from settlements and litigations, combined with expenses from compliance with various consent orders, weigh on the bank's performance.
Regulatory RisksWells Fargo continues to be under a USD1.95tn asset cap imposed by the Federal Reserve, limiting the bank's capacity to grow its assets.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.84% Other Institutional Investors
99.16% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Wells Fargo
Desktop Users
Mobile Users
1WFC FAQ
What was Wells Fargo’s price range in the past 12 months?
Wells Fargo lowest stock price was €36.03 and its highest was €58.11 in the past 12 months.
What is Wells Fargo’s market cap?
Currently, no data Available
When is Wells Fargo’s upcoming earnings report date?
Wells Fargo’s upcoming earnings report date is Oct 11, 2024 which is in 83 days.
How were Wells Fargo’s earnings last quarter?
Wells Fargo released its earnings results on Jul 12, 2024. The company reported €1.221 earnings per share for the quarter, beating the consensus estimate of €1.183 by €0.038.
Is Wells Fargo overvalued?
According to Wall Street analysts Wells Fargo’s price is currently Undervalued.
Does Wells Fargo pay dividends?
Wells Fargo pays a Quarterly dividend of €0.32 which represents an annual dividend yield of 2.36%. See more information on Wells Fargo dividends here
What is Wells Fargo’s EPS estimate?
Wells Fargo’s EPS estimate is €1.17.
How many shares outstanding does Wells Fargo have?
Currently, no data Available
What happened to Wells Fargo’s price movement after its last earnings report?
Wells Fargo reported an EPS of €1.221 in its last earnings report, beating expectations of €1.183. Following the earnings report the stock price went down -7.276%.
Which hedge fund is a major shareholder of Wells Fargo?
Among the largest hedge funds holding Wells Fargo’s share is Dodge & Cox. It holds Wells Fargo’s shares valued at 7B.
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Wells Fargo Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€58.16 (6.81% Upside)
€58.16 (6.81% Upside)
Blogger Sentiment
Bullish
IT:1WFC Sentiment 92%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.85%
12-Months-Change
Fundamentals
Return on Equity
10.51%
Trailing 12-Months
Asset Growth
3.40%
Trailing 12-Months
Company Description
Wells Fargo
Founded in 1852, California-based Wells Fargo & Co. is a diversified financial services company, which is engaged in banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management.
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1WFC Company Deck
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1WFC Earnings Call
Q2 2024
0:00 / 0:00
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1WFC Revenue Breakdown
63.41% Net interest income
36.59% Non-interest income
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1WFC Stock 12 Month Forecast
Average Price Target
€58.16
▲(6.81% Upside)
Technical Analysis
Best Analysts Covering 1WFC
1 Year
1 Year Success Rate
18/22 ratings generated profit
1 Year Average Return
+15.85%
reiterated a buy rating 6 days ago
Copying Betsy Graseck's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +15.85% per trade.
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