TD Ameritrade (NASDAQ:AMTD)‘s stock had its “underperform” rating restated by Credit Suisse Group in a research report issued to clients and investors on Tuesday, The Fly reports. They currently have a $52.00 price target on the financial services provider’s stock, up from their previous price target of $45.00. Credit Suisse Group’s price target would suggest a potential downside of 4.59% from the stock’s current price.

A number of other equities research analysts also recently weighed in on AMTD. BidaskClub raised TD Ameritrade from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 11th. Zacks Investment Research downgraded TD Ameritrade from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 5th. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $67.00 target price (up previously from $56.00) on shares of TD Ameritrade in a report on Thursday, January 4th. Barclays raised TD Ameritrade from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $54.00 to $68.00 in a report on Monday, January 8th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $46.00 target price on shares of TD Ameritrade in a report on Friday, October 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $52.81.

Shares of TD Ameritrade (AMTD) opened at $54.50 on Tuesday. The stock has a market capitalization of $30,913.49, a P/E ratio of 33.23, a P/E/G ratio of 1.04 and a beta of 1.57. TD Ameritrade has a 12-month low of $36.12 and a 12-month high of $54.59. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.08 and a current ratio of 1.08.

TD Ameritrade (NASDAQ:AMTD) last issued its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. The business had revenue of $983.00 million for the quarter, compared to the consensus estimate of $958.57 million. TD Ameritrade had a return on equity of 15.91% and a net margin of 23.72%. The firm’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 earnings per share. analysts forecast that TD Ameritrade will post 2.61 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Federated Investors Inc. PA raised its position in TD Ameritrade by 5.1% during the 2nd quarter. Federated Investors Inc. PA now owns 4,054 shares of the financial services provider’s stock worth $174,000 after purchasing an additional 198 shares during the last quarter. Prudential Financial Inc. raised its position in TD Ameritrade by 2.9% during the 2nd quarter. Prudential Financial Inc. now owns 18,016 shares of the financial services provider’s stock worth $775,000 after purchasing an additional 500 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in TD Ameritrade by 27.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,620 shares of the financial services provider’s stock worth $199,000 after purchasing an additional 1,008 shares during the last quarter. PNC Financial Services Group Inc. raised its position in TD Ameritrade by 2.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 46,942 shares of the financial services provider’s stock worth $2,018,000 after purchasing an additional 1,021 shares during the last quarter. Finally, Aperio Group LLC raised its position in TD Ameritrade by 1.3% during the 3rd quarter. Aperio Group LLC now owns 84,752 shares of the financial services provider’s stock worth $4,136,000 after purchasing an additional 1,087 shares during the last quarter. 88.52% of the stock is currently owned by institutional investors.

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TD Ameritrade Company Profile

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.

The Fly

Analyst Recommendations for TD Ameritrade (NASDAQ:AMTD)

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