U.S. Bancorp (USB) Getting Somewhat Favorable News Coverage, Report Finds
Media coverage about U.S. Bancorp (NYSE:USB) has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. U.S. Bancorp earned a news impact score of 0.19 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.9105620551901 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s scoring:
- Wells Fargo runs into more trouble (finance.yahoo.com)
- Bond deal for P3 launches $3.9 billion remodel at Denver International Airport (fixedincome.fidelity.com)
- US Bancorp : Riverhead Capital Management LLC Has $1.80 Million Stake in U.S. Bancorp (USB) (4-traders.com)
- Tax Law Changes Could Chill Solar, Wind Investments (finance.yahoo.com)
- U.S. Bancorp to Speak at the Goldman Sachs U.S. Financial Services Conference (markets.financialcontent.com)
A number of equities research analysts have recently commented on USB shares. Nomura upped their target price on shares of U.S. Bancorp from $55.00 to $57.00 and gave the company a “neutral” rating in a report on Monday, October 23rd. Zacks Investment Research cut shares of U.S. Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. BidaskClub cut shares of U.S. Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, August 24th. Citigroup reaffirmed a “neutral” rating and issued a $58.00 target price (up from $53.00) on shares of U.S. Bancorp in a report on Monday, October 9th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $48.00 target price on shares of U.S. Bancorp in a report on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $54.20.
Shares of U.S. Bancorp (NYSE USB) traded down $0.25 during trading on Friday, hitting $54.90. 7,258,874 shares of the stock were exchanged, compared to its average volume of 5,196,218. U.S. Bancorp has a twelve month low of $49.53 and a twelve month high of $56.61. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $91,504.49, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 2.15 and a beta of 0.85.
U.S. Bancorp (NYSE:USB) last issued its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.88. U.S. Bancorp had a net margin of 25.46% and a return on equity of 13.91%. The business had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.60 billion. During the same period in the previous year, the business posted $0.84 earnings per share. The business’s revenue was up 4.1% compared to the same quarter last year. equities analysts forecast that U.S. Bancorp will post 3.43 EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This news story was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was stolen and republished in violation of US and international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.dailypolitical.com/2017/12/02/u-s-bancorp-usb-getting-somewhat-favorable-news-coverage-report-finds.html.
About U.S. Bancorp
U.S. Bancorp is a multi-state financial services holding company. The Company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing.
Receive News & Ratings for U.S. Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.