Home Sectors Financial Services Current Technicals: TCF Financial Corporation (NYSE: TCF)

Current Technicals: TCF Financial Corporation (NYSE: TCF)

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TCF Financial Corporation is in the banking industry and financial services sector. The company CEO is Craig R. Dahl. TCF Financial Corp is a bank holding company of TCF National Bank. It operates in three segments namely Consumer Banking, Wholesale Banking and Enterprise Services.

Previous Intraday Trading Performance:

The TCF stock showed a previous change of 3.77% with an open at 19.66 and a close of 20.08. It reached an intraday high of 20.12 and a low of 19.47.

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Liquidity:

The stock has a market cap of $3.3b with 164.2m shares outstanding, of which the float is 159.8m shares. Trading volume reached 2,286,610 shares compared to its average volume of 1,139,303 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, TCF Financial Corporation shares returned 1.26% and in the past 30 trading days it returned -7.64%. Over three months, it changed -11.98%. In one year it has changed -23.28% and within that year its 52-week high was 27.34 and its 52-week low was 18.17. TCF stock is 10.51% above its 52 Week Low.

Our calculations show a 200 day moving average of 21.94 and a 50 day moving average of 21.06. Currently TCF stock is trading -8.49% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at 1.75 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.47. Based on 8 analyst estimates, the consensus EPS for the next quarter is 0.46. The TTM EPS is 1.90, which comes to a TTM PE of 10.57. Historically, the PE high was 21.20 and the PE low was 9.60. If the stock reached its PE low, that would represent a price of 18.24, which is a decrease of -9.18%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/22/2019): 0.42
4thQtr of 2018 (Reported on 01/28/2019): 0.51
3rdQtr of 2018 (Reported on 10/22/2018): 0.51
2ndQtr of 2018 (Reported on 07/27/2018): 0.34
1stQtr of 2018 0.39

The dividend per share is currently 0.60, which is a dividend yield of 2.99%. Also, the payout ratio is 31.58%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 29.74, which means it is possibly undervalued and has a margin of safety of 32.47%.

Indicators to Watch:

Short-interest was 3,753,602, which was 2.29% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.47. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.30.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.68%, return on assets is 1.27%, profit margin is 19.42%, price-to-sales is 1.96 and price-to-book is 1.30.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 2  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.