Toronto Dominion Bank (The) (TD) Soars to 52-Week High, Time to Cash Out?

Core Viewpoint - Toronto-Dominion Bank (TD) has shown strong stock performance, with an 8.6% increase over the past month and a 65.5% gain since the start of the year, outperforming both the Zacks Finance sector and the Zacks Banks - Foreign industry [1] Performance Metrics - The stock reached a new 52-week high of $88.79 [1] - TD has consistently exceeded earnings estimates, reporting EPS of $1.57 against a consensus of $1.46 in its last earnings report [2] - For the current fiscal year, TD is projected to achieve earnings of $6.42 per share on revenues of $46.51 billion, reflecting a 7.36% increase in EPS but a 7.37% decrease in revenues [2] Valuation Metrics - TD's stock trades at 13.7 times current fiscal year EPS estimates, above the peer industry average of 11.5 times [6] - On a trailing cash flow basis, the stock trades at 12.1 times compared to the peer group's average of 10.4 times [6] - The stock has a PEG ratio of 1.23, indicating it is not in the top tier from a value perspective [6] Zacks Rank and Style Scores - TD holds a Zacks Rank of 2 (Buy), supported by a positive earnings estimate revision trend [7] - The stock has a Value Score of B, a Growth Score of B, and a Momentum Score of A, resulting in a combined VGM Score of A [5][8] Industry Comparison - The Banks - Foreign industry is positioned in the top 24% of all industries, suggesting favorable conditions for both TD and its peers [11] - ICICI Bank Limited, a peer, also shows strong performance with a Zacks Rank of 2 (Buy) and positive earnings expectations [9][10]