TD Ameritrade (AMTD) – Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of TD Ameritrade (NASDAQ: AMTD) in the last few weeks:

  • 2/3/2018 – TD Ameritrade was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/30/2018 – TD Ameritrade had its price target raised by analysts at Morgan Stanley from $56.00 to $61.00. They now have an “equal weight” rating on the stock.
  • 1/26/2018 – TD Ameritrade was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 1/24/2018 – TD Ameritrade had its price target raised by analysts at Nomura from $63.00 to $67.00. They now have a “buy” rating on the stock.
  • 1/24/2018 – TD Ameritrade had its price target raised by analysts at Barclays PLC from $68.00 to $72.00. They now have an “overweight” rating on the stock.
  • 1/24/2018 – TD Ameritrade had its price target raised by analysts at SunTrust Banks, Inc. to $72.00. They now have a “buy” rating on the stock.
  • 1/24/2018 – TD Ameritrade had its price target raised by analysts at Citigroup Inc from $60.00 to $61.00. They now have a “neutral” rating on the stock.
  • 1/23/2018 – TD Ameritrade had its “buy” rating reaffirmed by analysts at Sandler O’Neill. They now have a $63.00 price target on the stock.
  • 1/16/2018 – TD Ameritrade had its “underperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $52.00 price target on the stock, up previously from $45.00.
  • 1/11/2018 – TD Ameritrade was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/8/2018 – TD Ameritrade was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $68.00 price target on the stock, up previously from $54.00.
  • 1/4/2018 – TD Ameritrade had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $67.00 price target on the stock, up previously from $56.00.
  • 12/29/2017 – TD Ameritrade was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 12/26/2017 – TD Ameritrade was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $58.00 price target on the stock. According to Zacks, “Shares of TD Ameritrade have outperformed the industry in the past six months. Further, the company has a decent earnings surprise. It surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters. We remain cautious of elevated costs, which are likely to weigh on its financials. Nevertheless, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities and revenue growth are encouraging.”

TD Ameritrade Holding Corp. (AMTD) opened at $55.50 on Monday. The company has a market cap of $31,029.42, a price-to-earnings ratio of 31.71, a price-to-earnings-growth ratio of 0.91 and a beta of 1.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.10 and a current ratio of 1.12. TD Ameritrade Holding Corp. has a 12-month low of $36.12 and a 12-month high of $58.83.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings data on Monday, January 22nd. The financial services provider reported $0.80 EPS for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.29. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.20 billion. TD Ameritrade had a net margin of 23.39% and a return on equity of 18.27%. sell-side analysts expect that TD Ameritrade Holding Corp. will post 3 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Tuesday, February 6th will be given a dividend of $0.21 per share. The ex-dividend date is Monday, February 5th. This represents a $0.84 dividend on an annualized basis and a yield of 1.51%. TD Ameritrade’s payout ratio is currently 48.00%.

In other news, Director Joseph H. Moglia sold 10,000 shares of the company’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $55.28, for a total transaction of $552,800.00. Following the transaction, the director now directly owns 145,000 shares of the company’s stock, valued at approximately $8,015,600. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Thomas A. Nally sold 17,243 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $56.13, for a total transaction of $967,849.59. Following the transaction, the executive vice president now directly owns 160,079 shares in the company, valued at $8,985,234.27. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by corporate 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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