>

Wells Price to Sales Trend from 2010 to 2020

<div class='circular--portrait' style='background:#FF9E01;color: white;font-size:3em;padding-top: 40px;;'>WFC</div>
WFC -- USA Stock  

Trending

Wells Fargo Gross Profit is expected to significantly increase based on the last few years of reporting. The last year's Gross Profit was at 76.05 Billion. The current year Net Income is expected to grow to about 21.1 B, whereas Consolidated Income is expected to decline to about 15.7 B. Check Wells Fargo fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Consolidated Income of 15.7 B, Earning Before Interest and Taxes EBIT of 22.8 B or Gross Profit of 84.7 B, as well as many exotic indicators such as Calculated Tax Rate of 28.67, PPandE Turnover of 9.66 or Cash and Equivalents Turnover of 0.7472. This can be a perfect complement to check Wells Fargo Valuation or Volatility. It can also complement various Wells Fargo Technical models. Check out the analysis of Wells Fargo Correlation with competitors.
Equity
Refresh

Wells Price to Sales Marginal Breakdown

Showing smoothed Price to Sales Ratio of Wells Fargo Company with missing and latest data points interpolated. Price to Sales Ratio is figured by comparing Wells Fargo stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wells Fargo sales, a figure that is much harder to manipulate than other Wells Fargo Company multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. An alternative calculation method to [ps]; that measures the ratio between a company's adjusted share price and it's sales per share.
View

2.71 

          10 Years Trend
 Price to Sales Ratio 
    
  Timeline 

Wells Price to Sales Regression Statistics

Arithmetic Mean 3.12
Geometric Mean 3.06
Coefficient Of Variation 18.74
Mean Deviation 0.46
Median 3.29
Standard Deviation 0.58
Sample Variance 0.34
Range 1.87
R-Value 0.26
Mean Square Error 0.35
R-Squared 0.07
Significance 0.44
Slope 0.045336
Total Sum of Squares 3.41

Wells Price to Sales Over Time

2016  3.30 
2019  3.79 
2020  2.71 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  

Wells Fargo Fundamental Drivers

Wells Fargo Company Fundamental Market Drivers

Short Percent Of Float0.91%
Forward Price Earnings10.34
Shares Short Prior Month42.14M
Average Daily Volume Last 10 Day16.37M
Average Daily Volume In Three Month19.3M
Date Short InterestJanuary 31, 2020
Fifty Day Average49.14
Two Hundred Day Average50.02

Wells Fargo Upcoming Events

Wells Fargo Upcoming Company Events

Upcoming Quarterly Earning ReportApril 10, 2020
Next Earnings ReportJuly 21, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndJanuary 12, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019
Check out the analysis of Wells Fargo Correlation with competitors. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.