SunTrust Banks, Inc. (NYSE:STI) Valuation According To Analysts

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Wall Street is only getting more bullish on the stock, with 13 of analysts who cover STI having a buy-equivalent rating. (NYSE:STI). Ancora Advisors Lc owns 2,515 shares.

Other large investors also recently modified their holdings of the company. Independent Advisor Alliance acquired a new stake in shares of SunTrust Banks during the fourth quarter worth about $105,000.

SunTrust Banks, Inc.is a provider of financial services.

SunTrust Banks, Inc is a provider of financial services. Capstone Asset Management Co. boosted its position in shares of SunTrust Banks by 2.4% in the third quarter. Finally, Gulf International Bank UK Ltd increased its stake in SunTrust Banks by 1.3% in the first quarter. The last session's volume of 5.34 million shares was lower than its average volume of 8.83 million shares. SunTrust Banks, Inc. has a 52-week low of $32.45 and a 52-week high of $58.72. (NYSE:STI). Jupiter Asset Mgmt Limited holds 0.28% or 137,492 shares in its portfolio.

Shares outstanding are recorded as 491.41 M and total shares floated are 489.93 M. Company's distance from 20 day simple moving average is 1.27% and distance from 50-Day simple moving average is -2.95%. The company has market cap of $26.48 billion.

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If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, STI earned gross profit of 0, in 2015 0 gross profit, while in 2016 SunTrust Banks, Inc. The financial services provider reported $0.90 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.02.

Based on the latest notes released to investors, 6 analysts have issued a rating of "buy", 7 analysts "outperform", 16 analysts "hold", 2 analysts "underperform" and 1 analysts "sell". For the past 5 years, the company's revenue has grown 10.1%, while the company's earnings per share has grown 3.5%. (STI) could bring EPS of $0.88/share.

SunTrust Banks, Inc. (STI) has a mean recommendation of 2.29, according to data compiled by Zacks Investment Research. 396.46 million shares or 0.52% more from 394.42 million shares in 2016Q3 were reported. It has a dividend yield of 1.95%. SunTrust Banks's payout ratio is now 28.97%. Johnson Gp Inc reported 0.05% of its portfolio in SunTrust Banks, Inc. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & worldwide trademark & copyright laws. The original version of this piece of content can be read at https://www.com-unik.info/2017/04/14/suntrust-banks-inc-sti-position-cut-by-american-national-bank.html.

A number of other research firms have also weighed in on STI. Analysts have a mean recommendation of 4.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The 52-week range of the share price is from $23.25 - $38.06. Bernstein downgraded SunTrust Banks, Inc. (NYSE:STI) earned "Equal Weight" rating by Barclays Capital on Monday, January 25. The target implies a 17.1% spike from where the shares are now trading. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company's stock. SunTrust Banks has a consensus rating of "Hold" and an average target price of $52.58. STI has P/E (Price to Earnings ttm) value of 14.96, Forward P/E of 12.26, P/C (Price to cash per share) of 2.12 and Price to Free Cash Flow (P/FCF) value of 0. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Anil T. Cheriyan sold 8,000 shares of the company's stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $59.25, for a total value of $1,338,102.00. Following the sale, the executive vice president now directly owns 148,273 shares in the company, valued at approximately $8,785,175.25.

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