Toronto-Dominion Bank (TD) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Group 1 - Toronto-Dominion Bank (TD) stock closed at $61.96, with a daily increase of +1.87%, underperforming compared to the S&P 500's gain of 2.51% [1] - Over the past month, TD's stock has risen by 0.48%, outperforming the Finance sector's decline of 7.03% and the S&P 500's decline of 8.86% [1] Group 2 - The upcoming earnings report for Toronto-Dominion Bank is anticipated, with an expected EPS of$ 1.25, reflecting a 16.67% decrease from the same quarter last year [2] - For the full year, earnings are projected at $5.38 per share and revenue at$ 42.17 billion, indicating changes of -6.27% and +0.47% respectively from the previous year [2] Group 3 - Recent changes in analyst estimates for Toronto-Dominion Bank suggest a shifting business landscape, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which evaluates estimate changes, has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [4][5] Group 4 - Toronto-Dominion Bank has a Forward P/E ratio of 11.3, which is higher than the industry average of 9.33 [6] - The current PEG ratio for TD is 1.54, compared to the Banks - Foreign industry's average PEG ratio of 1.01 [6] Group 5 - The Banks - Foreign industry, part of the Finance sector, holds a Zacks Industry Rank of 16, placing it in the top 7% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]