Barclays Capital Reaffirms Overweight Rating on TD Ameritrade (AMTD)
Several other analysts have also recently commented on the stock. Analysts at BGB Securities initiated coverage on shares of TD Ameritrade in a research note to investors on Thursday, May 3rd. They set a “sell” rating on the stock. Separately, analysts at GARP Research reiterated a “neutral” rating on shares of TD Ameritrade in a research note to investors on Friday, April 20th. Finally, analysts at Goldman Sachs (NYSE: GS) cut their price target on shares of TD Ameritrade to $19.00 in a research note to investors on Friday, April 20th.
TD Ameritrade opened at 17.54 on Tuesday. TD Ameritrade has a 52-week low of $13.43 and a 52-week high of $21.41. The company has a market cap of $9.618 billion and a price-to-earnings ratio of 16.23.
TD Ameritrade last posted its quarterly earnings results on Tuesday, April 17th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.01. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. Analysts expect that TD Ameritrade will post $0.29 EPS next quarter.
TD Ameritrade Holding Corporation (TD Ameritrade) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).