A number of research firms have changed their ratings and price targets for TD Ameritrade Holding Corporation (NASDAQ: AMTD):

  • 7/14/2017 – TD Ameritrade Holding Corporation had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $44.50 price target on the stock.
  • 7/13/2017 – TD Ameritrade Holding Corporation is now covered by analysts at Rosenblatt Securities. They set a “buy” rating and a $50.00 price target on the stock.
  • 7/13/2017 – TD Ameritrade Holding Corporation had its price target lowered by analysts at Nomura from $50.00 to $49.00. They now have a “buy” rating on the stock.
  • 7/13/2017 – TD Ameritrade Holding Corporation had its “buy” rating reaffirmed by analysts at Instinet. They now have a $49.00 price target on the stock, down previously from $50.00.
  • 7/12/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $50.00 price target on the stock. According to Zacks, “TD Ameritrade outperformed the Zacks categorized Investment Brokers industry in the past one year. The company recorded a rise in average client trades per day in the fiscal second-quarter with the trend continuing in the first two months of current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double-digits. We remain cautious regarding elevated costs, which are likely to weigh on the company’s financials in the near term. Moreover, TD Ameritrade continues to face pressure on its margins despite the gradually improving rate environment.”
  • 6/29/2017 – TD Ameritrade Holding Corporation was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 6/19/2017 – TD Ameritrade Holding Corporation had its price target raised by analysts at Jefferies Group LLC from $40.00 to $48.00. They now have a “hold” rating on the stock.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) opened at 44.78 on Tuesday. TD Ameritrade Holding Corporation has a one year low of $28.87 and a one year high of $47.41. The stock has a 50 day moving average of $39.08 and a 200 day moving average of $40.99. The firm has a market cap of $23.65 billion, a PE ratio of 27.81 and a beta of 1.47.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last issued its quarterly earnings results on Wednesday, April 19th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by $0.01. The company had revenue of $904 million during the quarter, compared to the consensus estimate of $882.25 million. TD Ameritrade Holding Corporation had a return on equity of 16.02% and a net margin of 24.93%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.38 EPS. On average, equities analysts forecast that TD Ameritrade Holding Corporation will post $1.64 earnings per share for the current year.

In related news, Director Joseph H. Moglia sold 10,000 shares of TD Ameritrade Holding Corporation stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $40.45, for a total value of $404,500.00. Following the completion of the sale, the director now owns 170,000 shares in the company, valued at $6,876,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.42% of the stock is currently owned by insiders.

TD Ameritrade Holding Corporation is a provider of securities brokerage services and related technology-based financial services. The Company provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs.

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