Just the Facts on U.S. Bancorp (USB)

U.S. Bancorp (USB) is an interesting player in the Financial space, with a focus on Regional – Midwest Banks. The stock has been active on the tape, currently trading at $53.58, down from yesterday’s close by -0.69%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

U.S. Bancorp (USB) currently trades with a market capitalization of $89.53 Billion. That value represents a market adjusting for revenues that have been growing by 11.87 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $4.83 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.87 on a per share basis this quarter. Perhaps, that suggests something about why 0.28% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how USB has been acting. Looking at the stock’s movement on the chart, U.S. Bancorp recorded a 52-week high of $56.61. It is now trading 3.03% off that level. The stock is trading $53.80 its 50-day moving average by 0.22%. The stock carved out a 52-week low down at $49.53.

In recent action, U.S. Bancorp (USB) has made a move of -2.85% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.84% with $1.66 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of USB.

Previous articleDrilling Down Into Eli Lilly and Company (LLY)
Next articleThe Case for and Against Nordstrom, Inc. (JWN)