TD Ameritrade (NASDAQ:AMTD) updated its FY18 earnings guidance on Monday. The company provided EPS guidance of $2.55-3.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.69.
A number of research firms have recently issued reports on AMTD. Deutsche Bank raised their price objective on TD Ameritrade from $49.00 to $53.00 and gave the company a hold rating in a research report on Wednesday, October 25th. Wells Fargo & Co reiterated an outperform rating and set a $67.00 target price (up previously from $56.00) on shares of TD Ameritrade in a research note on Thursday, January 4th. Zacks Investment Research upgraded TD Ameritrade from a hold rating to a strong-buy rating and set a $56.00 target price on the stock in a research note on Tuesday, October 3rd. Citigroup reiterated a neutral rating and set a $50.00 target price on shares of TD Ameritrade in a research note on Tuesday, October 10th. Finally, BidaskClub lowered TD Ameritrade from a strong-buy rating to a buy rating in a research note on Friday, December 29th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of $52.81.
TD Ameritrade (AMTD) traded up $0.21 during trading on Monday, reaching $55.17. The company’s stock had a trading volume of 2,936,900 shares, compared to its average volume of 2,693,446. TD Ameritrade has a 12-month low of $36.12 and a 12-month high of $55.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $31,700.00, a price-to-earnings ratio of 33.64, a PEG ratio of 1.03 and a beta of 1.57.
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About TD Ameritrade
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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