Wells Fargo (WFC) closed the most recent trading day at $78.11, moving +1.43% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.11%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 1.43%.
Prior to today's trading, shares of the biggest U.S. mortgage lender had gained 5.74% outpaced the Finance sector's gain of 1.91% and the S&P 500's gain of 3.92%.
Market participants will be closely following the financial results of Wells Fargo in its upcoming release. The company plans to announce its earnings on July 15, 2025. On that day, Wells Fargo is projected to report earnings of $1.41 per share, which would represent year-over-year growth of 6.02%. At the same time, our most recent consensus estimate is projecting a revenue of $20.65 billion, reflecting a 0.18% fall from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.86 per share and revenue of $83.67 billion, indicating changes of +9.12% and +1.67%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Wells Fargo should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.08% lower. Wells Fargo is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Wells Fargo's current valuation metrics, including its Forward P/E ratio of 13.14. This represents a discount compared to its industry average Forward P/E of 15.02.
Investors should also note that WFC has a PEG ratio of 1.26 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. WFC's industry had an average PEG ratio of 1.26 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 96, this industry ranks in the top 40% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Wells Fargo & Company (WFC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
