TD Ameritrade (AMTD) Issues FY12 Earnings Guidance
TD Ameritrade (AMTD) updated its FY12 earnings guidance on Monday. The company provided earnings per share guidance of $1.00-1.20 for the period.
Several analysts have also recently commented on the stock. Analysts at Raymond James downgraded shares of TD Ameritrade from an outperform rating to a market perform rating in a research note to investors on Friday, October 5th. On a related note, analysts at Sterne Agee initiated coverage on shares of TD Ameritrade in a research note to investors on Friday, September 21st. They set a buy rating and a $19.00 price target on the stock. Finally, analysts at Barclays Capital reiterated an overweight rating on shares of TD Ameritrade in a research note to investors on Thursday, September 13th.
TD Ameritrade (AMTD) traded up 1.08% on Monday, hitting $15.88. TD Ameritrade (AMTD) has a 52-week low of $14.87 and a 52-week high of $20.59. The company has a market cap of $8.678 billion and a price-to-earnings ratio of 14.40.
TD Ameritrade last issued its quarterly earnings data on Monday, October 29th. The company reported $0.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.01. TD Ameritrade’s revenue was down 8.1% compared to the same quarter last year. On average, analysts predict that TD Ameritrade (AMTD) will post $1.05 earnings per share for the current fiscal year.
TD Ameritrade Holding Corporation (TD Ameritrade) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).
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