TD Ameritrade Holding Corp. Reaches New 12-Month High at $27.90 (AMTD)
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) hit a new 52-week high on Friday, Analyst Ratings Network reports. The company traded as high as $27.90 and last traded at $27.62, with a volume of 1,214,525 shares trading hands. The stock had previously closed at $27.76.
A number of research firms have recently commented on AMTD. Analysts at Barclays Capital raised their price target on shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from $27.00 to $28.00 in a research note to investors on Friday. They now have an “equal weight” rating on the stock. Separately, analysts at Credit Suisse raised their price target on shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from $23.00 to $24.00 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) from a “hold” rating to a “sell” rating in a research note to investors on Monday.
Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $25.27.
In other TD Ameritrade Holding Corp. news, Director J Peter Ricketts unloaded 40,000 shares of the stock on the open market in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $26.41, for a total transaction of $1,056,400.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
TD Ameritrade Holding Corp. has a 1-year low of $15.14 and a 1-year high of $27.88. The stock’s 50-day moving average is $26.88 and its 200-day moving average is $23.26. The company has a market cap of $15.237 billion and a P/E ratio of 24.79.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.02. The company had revenue of $725.00 million for the quarter, compared to the consensus estimate of $705.99 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. Analysts expect that TD Ameritrade Holding Corp. will post $1.20 EPS for the current fiscal year.
TD Ameritrade Holding Corporation (NASDAQ:AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).
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