Economy

$1.05 EPS Expected for SunTrust Banks, Inc. (STI)

Nutanix, Inc. most recently reported earnings per share (EPS) of -$0.16 for the October 2017 versus -$0.37 in the same quarter a year ago, representing -57% growth. Estee Lauder now has $47.08B valuation. (STI) ended its last session at $66.03 by Surging 1.58%. About 1.23 million shares traded. The Estée Lauder Companies Inc. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since December 19, 2016 and is uptrending.

SunTrust Banks, Inc. operates as the holding firm for SunTrust Bank that provides various financial services for consumers, businesses, firms, and institutions in the United States. The company has market cap of $31.34 billion. It operates through three divisions: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. Also, it has an estimated price-earnings (P/E) multiple of 14.85 and a trailing 12-month price-earnings (P/E) multiple of 16.91.

Investors sentiment decreased to 0.92 in Q2 2017. Its down 0.39, from 1.3 in 2017Q1. After $1.06 actual EPS reported by SunTrust Banks, Inc. for the previous quarter, Wall Street now forecasts -0.94 % negative EPS growth. 83 funds opened positions while 207 raised stakes. Wealthfront holds 0.01% or 15,382 shares in its portfolio. Of those insider trades, 0 shares of SunTrust Banks, Inc. were purchased and 28,500 shares were sold. Liberty Mutual Group Asset Mgmt holds 0.02% in FMC Corporation (NYSE:FMC) or 8,156 shares. Apg Asset Mngmt Nv has invested 0.07% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Hennessy Advisors holds 0.03% or 20,000 shares in its portfolio. (NYSE:EL). Epoch Partners has invested 0.01% in The Estée Lauder Companies Inc. Parkwood Limited Liability Company invested in 0.05% or 5,814 shares. (NYSE:STI) for 405,296 shares. First Manhattan Co owns 6,006 shares for 0% of their portfolio. Victory Capital Management stated it has 23,335 shares or 0% of all its holdings. Therefore 73% are positive. Health Care Reit Inc. had 54 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by Oppenheimer given on Wednesday, September 20. The rating was reinitiated by Piper Jaffray with "Overweight" on Monday, May 1. On Monday, October 9 the stock rating was maintained by Citigroup with "Neutral". The stock of The Estée Lauder Companies Inc. (NYSE:HCN) has "Hold" rating given on Thursday, May 12 by Deutsche Bank. Argus Research downgraded The Estée Lauder Companies Inc. Sterne Agee CRT initiated SunTrust Banks, Inc. (NYSE:HCN) has "Hold" rating given on Monday, June 12 by Jefferies. The rating was upgraded by CLSA to "Buy" on Wednesday, September 9. (NYSE:STI) on Friday, July 7 with "Hold" rating. If the $68.47 price target is reached, the company will be worth $1.25 billion more. The shares were sold at an average price of $60.06, for a total transaction of $240,240.00. 65,000 shares valued at $7.01M were sold by Polcer Gregory on Friday, September 1. The company was maintained on Thursday, August 10 by Wells Fargo. (NYSE:STI) or 152 shares. They expect this year's earnings to fall -48.05% year-over-year to -$1.73, followed by -33.53% decline in the next year to -$1.15. STI's profit would be $499.83 million giving it 15.70 P/E if the $1.05 EPS is correct. The company's quarterly EPS surprised Wall Street by as much as -38% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. SunTrust Banks had a net margin of 20.88% and a return on equity of 8.83%. (NYSE:STI) hit a new 52-week high and has $68.47 target or 4.00 % above today's $65.84 share price.

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not.

Nutanix, Inc. (NTNX) opened the session with a $36 price tag, later ranging from $35.36 to $36.92, the range at which the stock has traded at throughout the day. (NYSE:STI) earned "Neutral" rating by UBS on Wednesday, January 11. Also, the Hold rating count is 5 as of 12/18/17. The rating was maintained by FBR Capital with "Outperform" on Monday, January 23. Morgan Stanley downgraded the stock to "Underweight" rating in Monday, November 14 report. The rating was maintained by Keefe Bruyette & Woods with "Hold" on Tuesday, October 3. The company's stock had a trading volume of 4,257,700 shares, compared to its average volume of 3,435,717. About 4.24M shares traded or 19.92% up from the average.

SunTrust Banks, Inc. (STI) has risen 27.08% since then. It has outperformed by 10.12% the S&P500. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. Moreover, Gillespie Robinson & Grimm Inc has 3.28% invested in the company for 426,124 shares. Btc Cap, a Iowa-based fund reported 11,678 shares.



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