Toronto-Dominion Bank's stock fell more than the market, but upcoming earnings are anticipated to grow.

From Nasdaq: 2025-01-31 18:15:11

In the latest trading session, Toronto-Dominion Bank (TD) closed at $57.07, down 0.52%. The stock underperformed the S&P 500, which saw a 0.51% daily loss. Over the past month, TD shares have risen by 8%, outpacing the Finance sector and the S&P 500.

Investors are eagerly awaiting Toronto-Dominion Bank’s upcoming earnings report, expecting an EPS of $1.38, a 6.12% decrease from the previous year. Revenue is forecasted to be $10.42 billion, up 3.47% year-over-year. Full-year estimates project earnings of $5.54 per share and revenue of $42.51 billion.

Analyst estimates for Toronto-Dominion Bank have been adjusted recently, reflecting changing business dynamics. Positive changes indicate confidence in the company’s performance, which can impact short-term stock prices. The Zacks Rank system, with a current ranking of #4 (Sell) for TD, considers these estimate changes for investment decisions.

Toronto-Dominion Bank currently trades at a Forward P/E ratio of 10.35, higher than the industry average of 9.04. The stock also has a PEG ratio of 1.83, compared to the industry average of 0.99. The Banks – Foreign industry ranks in the bottom 37% of all industries, according to Zacks Industry Rank.

Zacks Research Chief identifies a stock likely to double in value, highlighting an innovative financial firm with a growing customer base and cutting-edge solutions. This top pick is expected to outperform earlier recommendations, potentially doubling in value. Investors can access more stock recommendations from Zacks Investment Research.



Read more at Nasdaq: Toronto-Dominion Bank (TD) Registers a Bigger Fall Than the Market: Important Facts to Note