|Bid||139.79 x 1300|
|Ask||139.55 x 800|
|Day's Range||138.75 - 140.69|
|52 Week Range||79.41 - 161.79|
|Beta (5Y Monthly)||1.26|
|PE Ratio (TTM)||8.40|
|Earnings Date||Jan 15, 2021|
|Forward Dividend & Yield||4.60 (3.29%)|
|Ex-Dividend Date||Oct 15, 2020|
|1y Target Est||132.48|
In this article we present the list of 10 best bank stocks to buy right now according to hedge funds. Click to skip ahead and see the top 5 bank stocks to buy today. You might feel like this is the absolute worst time to invest in bank stocks. Financial Select Sector SPDR Fund (XLF) […]
Investors dumped shares of Banco de Sabadell on Friday, after hopes of a tie-up with bigger rival BBVA were crushed.
Right now, PNC Financial Services Gr Inc. (NYSE: PNC) share price is at $139.40, after a 0.52% drop. Over the past month, the stock increased by 28.22%, but over the past year, it actually decreased by 9.01%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. The stock is currently higher from its 52 week low by 75.54%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Banks stocks, and capitalize on the lower share price observed over the year. The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. View more earnings on PNCDepending on the particular phase of a business cycle, some industries will perform better than others. PNC Financial Services Gr Inc. has a better P/E ratio of 19.01 than the aggregate P/E ratio of 16.19 of the Banks industry. Ideally, one might believe that PNC Financial Services Gr Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors can become unable to attain key insights from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Understanding PNC Financial Services Gr's Unusual Options Activity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.