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MarketScreener Homepage  >  Equities  >  Nyse  >  Wells Fargo & Company    WFC


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Wells Fargo & Company : The technical rebound will come to an end

02/07/2020 | 09:33am EST
short sell
Target price hit
Entry price : 47.73$ | Target : 43.7$ | Stop-loss : 50.1$ | Potential : 8.44%
In close proximity to the technical resistance zone that has been tested over several trading sessions, stocks in Wells Fargo & Company could experience a pullback over the coming trading sessions towards technical support levels based on daily closing prices.
Investors should open a short trade and target the $ 43.7.
Wells Fargo & Company : Wells Fargo & Company : The technical rebound will come to an end
  • The company returns high margins, thereby supporting business profitability.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • The company's attractive earnings multiples are brought to light by a P/E ratio at 11.77 for the current year.
  • This company will be of major interest to investors in search of a high dividend stock.

  • According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
  • The company's earnings releases usually do not meet expectations.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • For the last few months, analysts have been revising downwards their earnings forecast.
  • 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.

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Financials (USD)
Sales 2020 72 473 M - -
Net income 2020 1 731 M - -
Net Debt 2020 - - -
P/E ratio 2020 86,1x
Yield 2020 4,12%
Capitalization 125 B 125 B -
Capi. / Sales 2020 1,73x
Capi. / Sales 2021 1,80x
Nbr of Employees 268 531
Free-Float 75,3%
Upcoming event on WELLS FARGO & COMPANY
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 36,66 $
Last Close Price 30,17 $
Spread / Highest target 49,2%
Spread / Average Target 21,5%
Spread / Lowest Target -0,56%
EPS Revisions
Managers and Directors
Charles William Scharf President, Chief Executive Officer & Director
Charles H. Noski Chairman
Scott E. Powell Chief Operating Officer & Senior Executive VP
Michael Santomassimo Chief Financial Officer & Senior Executive VP
Saul van Beurden Senior Executive VP & Head-Technology
Sector and Competitors