Toronto Dominion Bank is part of the financial services sector and is part of the banking industry. The Toronto-Dominion Bank and its subsidiaries provide financial products and services. It offers asset management, insurance, wealth management, investment banking, wholesale banking, personal banking and commercial banking services and others.



Previous Intraday Performance:

The TD shares had a previous change of 0.21% which opened at 56.40 and closed at 56.38. It moved to an intraday high of 56.57 and a low of 56.27.

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Historical Performance:

Over the last five trading days, TD shares returned -0.56% and in the past 30 trading days it returned -0.25%. Over three months, it changed 1.52%. In one year it has changed 1.01% and within that year its 52 week high was 62.00 and its 52 week low was 47.73. TD stock is 18.12% above its 52 week low.

Our calculations result in a 200 day moving average of 55.27 and a 50 day moving average of 55.89. Right now, TD stock is trading 2.01% above its 200 day moving average and may be a good opportunity to buy.

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Liquidity:

The company has a market cap of $103.1b with 1.8b shares outstanding and a float of 1.8b shares. Trading volume was 1,004,203 shares and has experienced an average volume of 1,067,343 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.31. The trailing twelve month EPS reported is 4.98 (trailing twelve month diluted EPS is 4.70).

Below was the last reported quarterly diluted earnings per share:

Apr19Reported 05-23-2019: 1.27
Jan19Reported 02-28-2019: 0.95
Oct18Reported 11-29-2018: 1.22
Jul18Reported 08-30-2018: 1.26
Apr18Reported 05-24-2018: 1.21

Base on our calculations, the intrinsic value per share is 64.78, which means it might be undervalued and has a margin of safety of 12.96%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of Toronto Dominion Bank; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 8.40% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 70.00% of institutional ownership. Short-interest was 4,912,454, which was 0.27% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.55. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 1.02.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 0.87%, profit margin is 20.71%, price-to-sales is 1.80 and price-to-book is 1.72.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 6  : Financial Safety Result
 1  : Past Performance Result
 2  : Valuation Result
 6  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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