U.S. Bancorp (USB) stock is lower by 1.80% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With USB Stock Today?
U.S. Bancorp (USB) stock has fallen -3.16% while the S&P 500 has risen 0.94% as of 1:09 PM on Thursday, Apr 15. USB is down -$1.82 from the previous closing price of $57.58 on volume of 7,260,570 shares. Over the past year the S&P 500 has gained 46.29% while USB has risen 55.75%. USB earned $3.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.21.
To see the top 5 stocks in the Banks - Regional industry click here.
More About U.S. Bancorp
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in well over 20 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
Click Here to get the full Stock Score Report on U.S. Bancorp (USB) Stock.
