The PNC Financial Services Group, Inc. (NYSE:PNC) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 77.07B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.
The PNC Financial Services Group, Inc. (NYSE:PNC) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 380.77 billion in total assets, balanced by 333.18 billion in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
The PNC Financial Services Group, Inc. (PNC) representing a quarterly net change in cash of -303 million. Perhaps most importantly where cash movements are concerned, the company saw about 1.63 billion in net operating cash flow.
The PNC Financial Services Group, Inc. (NYSE:PNC) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 2.83 billion in total revenues. That represents a quarterly year/year change in revenues of 0.16 in sequential terms, the PNC saw sales decline by 0.01.
But what about the bottom line? After all, that’s what really matters in the end. The PNC Financial Services Group, Inc. (PNC) is intriguing when broken down to its core data. For shareholders, given the total diluted outstanding shares of 480 million, this means overall earnings per share of 4.18. Note, this compares with a consensus analyst forecast of 2.41 in earnings per share for its next fiscal quarterly report.
Is The PNC Financial Services Group, Inc. (NYSE:PNC) Valuation Attractive
Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 11.54 in total earnings per share. If we consider a median price to earnings ratio on the stock, that corresponds with a stock price of 13.96. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on The PNC Financial Services Group, Inc..