Wells Fargo (WFC) closed at $86.76 in the latest trading session, marking a +2.59% move from the prior day. This change outpaced the S&P 500's 0.81% gain on the day. Elsewhere, the Dow gained 0.63%, while the tech-heavy Nasdaq added 1.26%.
The stock of biggest U.S. mortgage lender has fallen by 4.67% in the past month, lagging the Finance sector's loss of 0.97% and the S&P 500's loss of 0.25%.
The upcoming earnings release of Wells Fargo will be of great interest to investors. The company's earnings report is expected on April 14, 2026. The company is forecasted to report an EPS of $1.56, showcasing a 22.83% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $21.67 billion, up 7.55% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $6.92 per share and a revenue of $88.26 billion, demonstrating changes of +10.19% and +5.44%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Wells Fargo. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.37% higher within the past month. Currently, Wells Fargo is carrying a Zacks Rank of #3 (Hold).
Investors should also note Wells Fargo's current valuation metrics, including its Forward P/E ratio of 12.22. Its industry sports an average Forward P/E of 13.38, so one might conclude that Wells Fargo is trading at a discount comparatively.
We can additionally observe that WFC currently boasts a PEG ratio of 0.92. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 1.11.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 31, finds itself in the top 13% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Wells Fargo & Company (WFC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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