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

WELLS FARGO & COMPANY

(WFC)
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Wells Fargo & Company : The sellers are gaining the upper hand

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02/07/2019 | 10:15am EDT
short sell
Stop-loss triggered
Entry price : 48.505$ | Target : 44.4$ | Stop-loss : 50.7$ | Potential : 8.46%
Shares in Wells Fargo show a deteriorated chart pattern with the risk of a trend reversal. A phase of declining share prices seems to establish itself.
Investors should open a short trade and target the $ 44.4.
Chart WELLS FARGO & COMPANY
Duration : Period :
Wells Fargo & Company Technical Analysis Chart | MarketScreener
Full-screen chart
Strengths
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • The company's attractive earnings multiples are brought to light by a P/E ratio at 9.93 for the current year.
  • The company is one of the best yield companies with high dividend expectations.

Weaknesses
  • As estimated by analysts, this group is among those businesses with the lowest growth prospects.
  • The company's earnings releases usually do not meet expectations.
  • The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
  • For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
  • The underlying tendency is negative on the weekly chart below the resistance at 51.25 USD
Wells Fargo : The sellers are gaining the upper hand

David Meurisse
© MarketScreener.com 2019
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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 2019 84 281 M
EBIT 2019 29 348 M
Net income 2019 19 926 M
Debt 2019 -
Yield 2019 3,83%
P/E ratio 2019 11,1x
P/E ratio 2020 11,4x
Capi. / Sales2019 2,53x
Capi. / Sales2020 2,66x
Capitalization 213 B
Upcoming event on WELLS FARGO & COMPANY
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 49,81  $
Last Close Price 49,97  $
Spread / Highest target 20,1%
Spread / Average Target -0,31%
Spread / Lowest Target -15,9%
EPS Revisions
Managers
NameTitle
C. Allen Parker President, Chief Executive Officer & Director
Elizabeth A. Duke Independent Chairman
John R. Shrewsberry Chief Financial Officer & Senior Executive VP
Saul van Beurden Head-Technology
Gary Owen Chief Information Security Officer
Sector and Competitors
1st jan.Capitalization (M$)
WELLS FARGO & COMPANY8.44%213 329
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HSBC HOLDINGS PLC-7.00%156 451