SunTrust Banks, Inc.: Is this the Most Sought-After Stock Today?


SunTrust Banks, Inc. kicked off the trading day on 08/14/19 with a price decrease of -2.78%, equivalent to -$1.69 relative change for the day. Taking a more long-term approach, STI had a 52-week range of $46.05 to $75.08. At the time of this article’s publishing, this stock is trading at $59.10 after starting the trading session at $59.94. Moving on, the stock has demonstrated a 52-week change amounting to -8.26, alongside an S&P500 52-Week Change of -13.97. At the time of writing, this stock’s 50-day Moving Average stands at $63.48, while the 200-day Moving Average of this stock is currently $61.47.

Currently, this company’s share volume is sitting at $3,577,279, but has maintained average daily volume of $2.58M. This stock has generated an average Year to Date volume of $3.5 million, alongside an average 20-day volume of $2.99 million. This publicly-traded company’s shares outstanding now amounts to $445.90 million, simultaneously with a float of $442.28 million. The organization now has a market capitalization sitting at $26.35 billion.

SunTrust Banks, Inc.(STI) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. SunTrust Banks, Inc.’s current insider ownership accounts for 0.30%, in contrast to 85.50% institutional ownership. According to the most recent latest insider trade that took place on Aug 13 this organization’s Chief Risk Officer sold 4,000 at the rate of 60.84, making the entire transaction hit 243,360 in total value, affecting insider ownership by 1. Preceding that transaction, on Aug 09 Company’s Chief Financial Officer exercised an option 25,366 at a price of 61.09, making the whole transaction’s value amount to 1,549,601. This particular insider is now the holder of 44,975 in total.

If we take a glance at the Ownership summary of SunTrust Banks, Inc.’s stock, 934 Institutional holders make up 81.42% of its total stock ownership. All together, they are the legal holders of 361,461,872 shares, which are valued at about $21,973,267,199 in total. If we focus on the top 3 stockholders for this publicly-traded organization, VANGUARD GROUP INC owns 36.35 million shares, with BLACKROCK INC. in 2nd place owning 34.38 million shares and FMR LLC in third place with total ownership of 22.45 million shares.

SunTrust Banks, Inc. (STI) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Jun-19, the organization reported $1.48 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $1.45) by $0.03.

The corporation racked up revenue of $2,351.00million for the previous financial quarter, compared to the mean analyst estimate of $2,327.08 million. This company achieved a net margin of 28.05 while generating a return on equity of 10.43. SunTrust Banks, Inc.’s full-quarter revenue increased by 10.39%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.40 per share during the current fiscal year.

SunTrust Banks, Inc.’s EPS increase for this current 12-month fiscal period is 45.90%, and is forecasted to reach 1.04% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 2.60% through the next 5 years, which can be compared against the 18.50% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

The company has managed to achieve an average true range (ATR) of 1.40. Alongside those, its PE Ratio stands at $10.54, and its Beta score is 1.52.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.38 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.10, whereas its price to cash per share for the last quarter landed at 26.10.

In the same vein, STI’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 5.61, a figure that is expected to reach 1.40 in the next reported quarter, and analysts expect it will be 1.04% at the market close of one year from today’s date.