Wells Fargo Maintains Equal-Weight, PT Down to $550 from $630.
In a recent update, Wells Fargo (WFC) has seen its stock price drop, leading to a downgrade in its price target. The stock closed at $80.76 on the latest trading session, marking a +2.05% increase from the previous day
Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider[1]. This performance was better than the S&P 500's daily gain of 0.27%, but it lagged the Finance sector's gain of 2.38% and the S&P 500's gain of 1.85% over the past month.
The financial results of Wells Fargo, scheduled for October 14, 2025, will be closely watched by market participants. The company is anticipated to report an EPS of $1.53, a 0.66% rise compared to the same quarter of the previous year. The Zacks Consensus Estimate for revenue is projecting net sales of $21.15 billion, up 3.86% from the year-ago period
Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider[1].
For the entire fiscal year, Zacks Consensus Estimates predict earnings of $6.01 per share and a revenue of $83.38 billion, indicating changes of +11.92% and +1.32%, respectively, from the former year. Wells Fargo currently holds a Zacks Rank of #3 (Hold)
Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider[1].
In terms of valuation, Wells Fargo has a Forward P/E ratio of 13.17, which is lower than the industry's Forward P/E of 16.26. The PEG ratio of 1.2 indicates a discount compared to the Financial - Investment Bank industry's average PEG ratio of 1.58
Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider[1].
The Financial - Investment Bank industry, part of the Finance sector, currently holds a Zacks Industry Rank of 16, placing it in the top 7% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst based on the average Zacks Rank of individual companies within each sector
Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider[1].
This article originally published on Zacks Investment Research (zacks.com).
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