Toronto Dominion Bank (The) (TD) Hit a 52 Week High, Can the Run Continue?

Company Performance - Toronto-Dominion Bank (TD) shares have increased by 13.3% over the past month, reaching a new 52-week high of $94.98 [1] - The stock has gained 77.6% since the beginning of the year, outperforming the Zacks Finance sector's 17.6% gain and the Zacks Banks - Foreign industry's 54.6% return [1] Earnings and Revenue - Toronto-Dominion has consistently exceeded earnings expectations, reporting EPS of $1.57 against a consensus estimate of $1.46 in its last earnings report [2] - For the current fiscal year, the company 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 7.56% decrease in revenues [2] Valuation Metrics - The stock trades at 14.7 times the current fiscal year EPS estimates, which is above the peer industry average of 12.5 times [6] - On a trailing cash flow basis, TD trades at 13 times compared to the peer group's average of 11.4 times, with a PEG ratio of 1.32 [6] Zacks Rank and Style Scores - Toronto-Dominion holds a Zacks Rank of 2 (Buy) due to rising earnings estimates [7] - The stock has a Value Score of B, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of B [5][8] Industry Comparison - The Banks - Foreign industry is positioned in the top 32% of all industries, indicating favorable conditions for both TD and its peer Deutsche Bank Aktiengesellschaft [11] - Deutsche Bank has a Zacks Rank of 2 (Buy) and has reported strong earnings, beating consensus estimates by 19.75% [10]