BB&T stock: buy or sell?
December 13th, 2019
BB&T Corporation operates as a financial holding company that provides various banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals.
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Currently, 2 buy setups are elegible for BB&T stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is BB&T stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for BBT stock for the last 30 days.
BB&T stock analysis
After marking all time highs on December, BB&T stayed steady -0.11% to $56.02.
Even closing in red ($56.02, -0.11%), BB&T marked new all time high at $56.66. Since price and SMA200d lines crossed up on September, BBT climbed $9.10 (19.39%). BBT broke out again over $55.26 after a 2.88% correction started on December. On September, SMA50d and SMA100d crossed up triggering a rise of 8.33%.
BB&T touched new all time highs again this week, setting highs to $56.66. Shares closed at $56.02 and jumped 3.28% during the week.
Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $55.53 resistance. Since price and SMA40w lines crossed up early September, BBT climbed $8.76 (18.54%). Since mid May 2019 when SMA20w and SMA40w crossed up, BBT price gained $7.45 per share (15.34%).
BB&T stock price history
BB&T IPO was on March 18th, 1980 at $0.00 per share1. Since then, BBT stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in BB&T stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
BB&T stock historical price chart
BBT stock reached all-time highs on December with a price of $56.66.
BB&T stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price target for BB&T stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, BB&T . As soon as we get its actual EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, BB&T annual sales raised a slightly good 2.13% to $11,558.00 million dollars from $11,317.00 marked in 2017. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) soared a 6.85% to 28.01%. BB&T presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, BB&T TTM sales up to March 2019 were $11,643.00 and income $3,241.00 million dollars. When comparing this TTM figures with the last reported annuality, we can review BB&T business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, stayed steady a slightly fine 0.74%. Aligned with this, profit margin (net income/sales) stayed steady at 28.01%.
|2014||$9,501 M||-||$2,151 M22.6%||-|
|2015||$9,864 M||3.82%||$2,084 M21.1%||-3.11%|
|2016||$10,935 M||10.86%||$2,426 M22.2%||16.41%|
|2017||$11,317 M||3.49%||$2,394 M21.2%||-1.32%|
|2018||$11,558 M||2.13%||$3,237 M28.0%||35.21%|
|TTM||$11,643 M||0.74%||$3,241 M27.8%||0.12%|
Quarterly financial resultsBB&T posted $2,898.00 million in sales for 2019-Q1, a -1.43% decline compared to previous quarter. Reported quarter earnings marked $792.00 million with a profit margin of 27.33%. Profit margin remained stable a 0.19% compared to previous quarter when profit margin was 27.14%. When comparing turnover to same quarter last year, BB&T sales marked a decent growth and grew a 3.02%.
|2017-Q4||$2,869 M||-||$658 M22.9%||-|
|2018-Q1||$2,813 M||-1.95%||$788 M28.0%||19.76%|
|2018-Q2||$2,879 M||2.35%||$819 M28.4%||3.93%|
|2018-Q3||$2,926 M||1.63%||$832 M28.4%||1.59%|
|2018-Q4||$2,940 M||0.48%||$798 M27.1%||-4.09%|
|2019-Q1||$2,898 M||-1.43%||$792 M27.3%||-0.75%|
BB&T ownershipWhen you are planning to buy a stock, it's always worth to overview its ownership structure.
BB&T shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, December 13th, 2019|
|Day range||$55.64 - $56.66|
|Average true range||$1.00|
|50d mov avg||$53.62|
|100d mov avg||$51.29|
|200d mov avg||$49.65|
BB&T performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared BB&T against in the following table:
BB&T competitorsUnfortunately, we could not find any public company that could be defined as BB&T competitor. This doesn't mean BB&T does not have any competitor in the market, it's just we could not detected it.
Latest BB&T stock news
- InvestorPlace3 Big Stock Charts for Thursday: BB&T, Mondelez International and Host Hotels and ResortsAugust 1, 2019
- Seeking AlphaFee Income And Loan Growth Helping BB&T, But Asset Sensitivity Is A Growing RiskJuly 22, 2019
- Seeking AlphaBB&T Basically On Track Ahead Of Its Game-Changing MergerApril 24, 2019
- InvestorPlaceSTI, BBT: SunTrust Stock Shines on BB&T Merger NewsFebruary 7, 2019
- Seeking AlphaBB&T's Outlook And Discipline Seem To Be What The Street WantsOctober 19, 2018