Will Wells Fargo & Company's (WFC) Earnings Grow In Next 12 Months?

Will Wells Fargo & Company's (WFC) Earnings Grow In Next 12 Months?

Depending on the earnings numbers reported, Wells Fargo & Company (NYSE:WFC) stock may see increased volatility following the report. Here's what you need to know. Analysts expect next quarter's EPS will be $1.05 with next year's EPS projected to be $4.40. Separately, Senior Exec. Vice President CARROLL DAVID M Sell 27582 shares of the company at a price of $53.28 on 2017-06-09. Wells Fargo & had a net margin of 23.25% and a return on equity of 12.65%. Finally, Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Wells Fargo & by 0.3% during the second quarter.

Investors sentiment increased to 0.88 in 2017 Q2.

Since May 5, 2017, it had 1 insider purchase, and 3 selling transactions for $3.93 million activity. Vetr upgraded shares of Wells Fargo & from a "hold" rating to a "buy" rating and set a $55.95 price objective on the stock in a report on Monday, June 26th.

Roemer will leave Barclays at the end of this month, the British bank said in a statement, while Wells Fargo said in a separate statement he would join the USA firm in January 2018. The rating was maintained by Evercore with "Outperform" on Wednesday, April 19. Partnervest Advisory Svcs Limited Liability Corporation owns 18,294 shares or 0.46% of their United States portfolio.

Since the beginning of the calendar year, the stock is 1.00%. About shares traded. Bank of SC Corporation (BKSC) has risen 27.73% since October 12, 2016 and is uptrending. Susquehanna Grp Llp owns 0.11% invested in Wells Fargo & Co (NYSE:WFC) for 4.41 million shares. Pitcairn Communications reported 0.26% of its portfolio in Wells Fargo & Co (NYSE:WFC). Schnieders Cap Mngmt Ltd Liability Com holds 113,527 shares or 2.92% of its portfolio. Virginia Retirement Et Al stated it has 1.20M shares. Piper Jaffray Companies reiterated a neutral rating and issued a $50.00 target price (down from $52.00) on shares of Wells Fargo & in a report on Wednesday, September 13th. Brick & Kyle Associates now owns 1,859 shares of the financial services provider's stock valued at $103,000 after acquiring an additional 162 shares during the period. Millennium Management Limited Liability Com has 194,756 shares for 0.02% of their portfolio. Keefe Bruyette & Woods maintained Wells Fargo & Co (NYSE:WFC) on Friday, August 25 with "Buy" rating. Jennison Associates Ltd Company owns 1.22M shares or 0.07% of their USA portfolio. Wells Fargo & Company's institutional ownership is 77.3%, while its institutional transactions stand at -0.01%. Brick & Kyle Associates lifted its holdings in shares of Wells Fargo & by 9.5% during the first quarter. Alliancebernstein L P holds 39,741 shares or 0% of its portfolio. Guggenheim upgraded Wells Fargo & Co (NYSE:WFC) on Wednesday, July 29 to "Buy" rating. The company was upgraded on Monday, September 19 by Robert W. Baird. It improved, as 85 investors sold WFC shares while 685 reduced holdings. Deutsche Bank Ag owns 400 shares or 0% of their U.S. portfolio. The hedge fund held 1.44M shares of the major banks company at the end of 2017Q2, valued at $79.65M, up from 1.43M at the end of the previous reported quarter.

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Slate Path Capital Lp, which manages about $4.31 billion and $2.63 billion US Long portfolio, decreased its stake in Insulet Corp (NASDAQ:PODD) by 55,000 shares to 2.80 million shares, valued at $143.41M in 2017Q2, according to the filing.

The company P/E (price to earnings) ratio is 13.72 and Forward P/E ratio is 12.64.

On July 21 the stock rating was downgraded from "Hold" to "Sell" by analysts at Berenberg. Therefore 62% are positive.

Analysts await Metlife Inc (NYSE:MET) to report earnings on November, 1. The rating was maintained by KeyBanc Capital Markets on Tuesday, September 26 with "Buy". The company was maintained on Tuesday, February 28 by FBR Capital.

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