Toronto Dominion Bank Stock Analysis

Toronto Stock Analysis Notes

About 59.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.35. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Toronto Dominion Bank has Price/Earnings To Growth (PEG) ratio of 1.09. The entity last dividend was issued on the 8th of April 2024. The firm had 2:1 split on the 3rd of February 2014. The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. Toronto Dominion operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 93720 people. To find out more about Toronto Dominion Bank contact Bharat Masrani at 866 222 3456 or learn more at https://www.td.com.

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Toronto Dominion Thematic Classifications

Toronto Stock Institutional Investors

Note, although Toronto Dominion's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Toronto Market Capitalization

The company currently falls under 'Mega-Cap' category with a market capitalization of 102.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toronto Dominion's market, we take the total number of its shares issued and multiply it by Toronto Dominion's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Toronto Profitablity

The company has Net Profit Margin (PM) of 0.24 %, which suggests that even a small decline in it sales will erase profits and may result in a net loss, or a negative profit margin. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.3 %, which signifies that for every $100 of sales, it has a net operating income of $0.3.

Management Efficiency

At present, Toronto Dominion's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.14, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Toronto Dominion's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 1.5 T, whereas Other Current Assets are forecasted to decline to about 463.3 B. Toronto Dominion's management efficiency ratios could be used to measure how well Toronto Dominion manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 20th of April, Toronto Dominion has the Coefficient Of Variation of (9,800), variance of 1.02, and Risk Adjusted Performance of (0). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Toronto Dominion Bank, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down thirteen technical drivers for Toronto Dominion Bank, which can be compared to its competition. Please validate Toronto Dominion Bank risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Toronto Dominion is priced more or less accurately, providing market reflects its prevalent price of 58.09 per share. Given that Toronto Dominion Bank has information ratio of (0.09), we advise you to double-check Toronto Dominion Bank's current market performance to make sure the company can sustain itself at a future point.

Toronto Dominion Bank Price Movement Analysis

Toronto Dominion Predictive Daily Indicators

Toronto Dominion Corporate Filings

Toronto Dominion Forecast Models

Toronto Dominion's time-series forecasting models are one of many Toronto Dominion's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Toronto Dominion's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Toronto Dominion prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Toronto shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Toronto Dominion. By using and applying Toronto Stock analysis, traders can create a robust methodology for identifying Toronto entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Toronto analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Toronto analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Toronto Dominion Bank stock analysis indicators help investors evaluate how Toronto Dominion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Toronto Dominion shares will generate the highest return on investment. By understating and applying Toronto Dominion stock analysis, traders can identify Toronto Dominion position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

When running Toronto Dominion's price analysis, check to measure Toronto Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.

Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.