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Dynamic quotes 
OFFON

WELLS FARGO & COMPANY

(WFC)
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Wells Fargo & Company : The decline is confirmed

09/21/2020 | 11:06am EDT
short sell
Stop-loss triggered
Entry price : 24.23$ | Target : 18$ | Stop-loss : 27.1$ | Potential : 25.71%
The underlying trend is clearly bearish for stocks in Wells Fargo & Company. This should continue to be the case over the coming trading sessions.
Investors should open a short trade and target the $ 18.
Wells Fargo & Company : Wells Fargo & Company : The decline is confirmed
Strengths
  • The share is getting closer to its long-term support in weekly data, at USD 23.36, which offers good timing for buyers.
  • Share prices are approaching a strong support area in daily data, which offers good timing for investors.
  • This company will be of major interest to investors in search of a high dividend stock.

Weaknesses
  • As estimated by analysts, this group is among those businesses with the lowest growth prospects.
  • Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
  • The group usually releases earnings worse than estimated.
  • With an expected P/E ratio at 3091.02 and 11.51 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
  • For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • For the past seven days, analysts have been lowering their EPS expectations for the company.
  • For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
  • The underlying tendency is negative on the weekly chart below the resistance at 34.88 USD

ę MarketScreener.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 70 752 M - -
Net income 2021 15 475 M - -
Net Debt 2021 - - -
P/E ratio 2021 11,4x
Yield 2021 1,27%
Capitalization 180 B 180 B -
Capi. / Sales 2021 2,54x
Capi. / Sales 2022 2,55x
Nbr of Employees 264 513
Free-Float 75,4%
Upcoming event on WELLS FARGO & COMPANY
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 43,54 $
Average target price 47,86 $
Spread / Average Target 9,93%
EPS Revisions
Managers and Directors
NameTitle
Charles William Scharf President, Chief Executive Officer & Director
Michael Santomassimo Chief Financial Officer & Senior Executive VP
Charles H. Noski Chairman
Saul van Beurden Senior Executive VP & Head-Technology
Gary Owen Chief Information Security Officer
Sector and Competitors