U.S. Bancorp stock: buy or sell

USB stock price: $56.99 1.37% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

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U.S. Bancorp stock brief

  • U.S. Bancorp inched a 1.37% after marking new highs last Friday
  • Citigroup published a neutral rating for U.S. Bancorp on Wednesday, forecasting $65.00
  • On April 15, U.S. Bancorp released its Q1 earnings report
  • U. S. Bancorp, a financial services holding company, provides various financial services in the United States.

Should I buy U.S. Bancorp stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $USB stock a buy?

In the current situation of U.S. Bancorp there is not any eligible buy setup. This doesn't mean $USB will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell U.S. Bancorp stock?

When is it time to sell U.S. Bancorp?. As when we have to buy shares, deciding when is the best time to sell is not a fickle decision, and we must adhere our own trading style. We like very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups are not intended for selling short $USB stock

As a golden rule, you must never keep an investment that yields greater losses than those expected upon the buy. When to sell shares should always be determined by the stop-loss (automatic or manual)

Is it time to sell U.S. Bancorp stock?

In the current situation of U.S. Bancorp there is not any eligible sell setup, so U.S. Bancorp stock holders with operations in green can keep their positions

U.S. Bancorp ratings

In the last month, 14 brokerage ratings were published for U.S. Bancorp

U.S. Bancorp analysts' ratings - Last month
Brokerage firmRating
Mar 24th, 2021
Odeon Capital Group NeutralStrong buy
Mar 25th, 2021
Robert W. Baird BuyNeutral
Mar 30th, 2021
Stephens Buy
Mar 31st, 2021
Credit Suisse Group Neutral
Apr 1st, 2021
Deutsche Bank Aktiengesellschaft BuyStrong buy
Apr 7th, 2021
Barclays Buy
Apr 8th, 2021
JPMorgan Chase & Co. NeutralBuy
Apr 9th, 2021
Jefferies Financial Group Strong buy
Apr 12th, 2021
Bank of America SellNeutral
Apr 14th, 2021
JPMorgan Chase & Co. NeutralBuy
Apr 16th, 2021
Credit Suisse Group Neutral
Morgan Stanley
Apr 19th, 2021
Bank of America SellNeutral
Apr 21st, 2021
Citigroup Neutral

U.S. Bancorp stock analysis

U.S. Bancorp stock started an uptrend in September 2020, and grew an amazing 71.60%. During this uptrend, the price provided some buy points on the breakouts. Latest pullback was last February, when price bounced at $42.15. U.S. Bancorp broke out above $50.55 (its last top) in early March. That breakout was a good buying opportunity that resulted in a 12.74% profit

$USB at new All-time Highs

Last Friday, U.S. Bancorp marked all-time highs (ATH) again at $58.46

SMAs overview

USB stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $57.61 (1.09% above)
  • The current supports are:

  • S1: $54.09 (-5.09% below)
  • S2: $52.87 (-7.23% below)
  • S3: $52.81 (-7.33% below)
  • Bollinger bands

    The price is trading near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks

    USB stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-March after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Wednesday was 56.97. U.S. Bancorp shares grew a 2.06% since then

    USB stock RSI chart

    U.S. Bancorp stock price history

    U.S. Bancorp went public on May 3rd, 1973 at $0.17 per share1. Since then, USB stock has risen by 33,423.53%, with an average of 696.32% per year. An investment of $1,000USD at that time would be valued $335,235.29 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    USB stock price history chart

    Price target for U.S. Bancorp stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts published by brokerage institutions over the last 30 days. If you are a small investor you must not trade based on these price targets.

    The average price target for U.S. Bancorp stock calculated from the table below is $61.38. U.S. Bancorp closed at $56.99 on Wednesday, so the target price is expecting an increase by 7.70%.

    U.S. Bancorp stock price predictions
    Brokerage firmPrice target
    Mar 24th, 2021
    Odeon Capital Group Not available
    Mar 25th, 2021
    Robert W. Baird $55.00
    Mar 30th, 2021
    Stephens $52.00$68.00
    Mar 31st, 2021
    Credit Suisse Group $50.00$56.00
    Apr 1st, 2021
    Deutsche Bank Aktiengesellschaft $55.00$62.00
    Apr 7th, 2021
    Barclays $61.00$65.00
    Apr 8th, 2021
    JPMorgan Chase & Co. $60.00
    Apr 9th, 2021
    Jefferies Financial Group $55.00$66.00
    Apr 12th, 2021
    Bank of America $58.00$62.00
    Apr 14th, 2021
    JPMorgan Chase & Co. $60.00
    Apr 16th, 2021
    Credit Suisse Group $56.00$57.00
    Morgan Stanley $58.00$60.00
    Apr 19th, 2021
    Bank of America $58.00$62.00
    Apr 21st, 2021
    Citigroup $63.00$65.00

    Earnings and financials

    On April 15, U.S. Bancorp ($USB) reported adjusted EPS for that significantly improved analysts' expectations. Quarterly EPS was $1.45 per share versus the estimated $0.96. This quarterly report means an earnings surprise of 51.04%. On the contrary, the company reported turnover was $5.4 billion consistent with analysts' forecasts.

    In comparison, the EPS for the same quarter last year was $0.72, so current EPS is a improvement of 101.39%. Looking at sales, figures exploded a 33.03% compared to $47.1B same quarter last year.

    U.S. Bancorp ($USB) is posting quarterly financial report next July. Market expects of $1.06, compared to Q1 that made $1.45.

    U.S. Bancorp performance

    USB performance compared
    Company1m3m6m
    U.S. Bancorp ($USB) 7.00% 25.70% 47.40%

    Please read:
    The comments contained in this post are personal and not recommendations for you to buy or sell shares. The author of this report does not have any knowledge of the particular conditions of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for education motives only

    U.S. Bancorp summary

    Wednesday, April 21st, 2021
    Open$55.9
    Close$56.99
    Day range$55.43 - $57.09
    Previous close$56.22
    Session gain1.37%
    Average true range$1.31
    50d mov avg$53.22
    100d mov avg$49.29
    200d mov avg$43.21
    Earnings dateJuly 14th, 2021

    Frequently asked questions

    What is U.S. Bancorp stock symbol?

    U.S. Bancorp is a public company trading in the US stock market with the USB symbol

    Is U.S. Bancorp stock a buy or sell?

    U.S. Bancorp received 14 ratings in the last 30 days: 7 bullish, 0 bearish and 6 neutral.

    Will USB go up?

    U.S. Bancorp had different price predictions issued by market analysts in the last 30 days setting the target price to $61.38. That is a 7.70% than the last price ($56.99).