TrustCo Bank Stock Target Price and Analyst Consensus

TRST Stock  USD 37.24  0.32  0.85%   
The current analyst and expert consensus on TrustCo Bank is Strong Sell, with no strong buy opinions. The current projected TrustCo Bank target price consensus is 26.00 with 0 analyst opinions. Check out Macroaxis Advice on TrustCo Bank to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way TrustCo Bank Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview TrustCo Bank executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on TrustCo Bank. We encourage you to use your own analysis of TrustCo Bank Corp to validate this buy or sell advice. TrustCo Bank buy-or-sell recommendation module provides average expert sentiment on the projected TrustCo Bank Corp target price to derive its highest and lowest estimates based on projected price volatility of 2.2576.
Lowest Forecast
23.66
Highest Forecast
28.86
Target Price
26
Gross Profit is likely to drop to about 139.1 M in 2024. Pretax Profit Margin is likely to drop to 0.36 in 2024. At this time, TrustCo Bank's Short Term Debt is comparatively stable compared to the past year. Short Term Investments is likely to gain to about 539.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 42.2 M in 2024.
  
It's important to approach TrustCo Bank's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize TrustCo Bank price targets

TrustCo Bank's stock target price is an estimate of its future price, usually made by analysts. Using TrustCo Bank's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at TrustCo Bank's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if TrustCo Bank's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional TrustCo Bank Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of TrustCo Bank is a key component of TrustCo Bank valuation and have some predictive power on the future returns of a TrustCo Bank.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrustCo Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
34.9837.2439.50
Details
Intrinsic
Valuation
LowRealHigh
28.7731.0340.96
Details
Naive
Forecast
LowNextHigh
34.8037.0639.31
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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Additional Tools for TrustCo Stock Analysis

When running TrustCo Bank's price analysis, check to measure TrustCo Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TrustCo Bank is operating at the current time. Most of TrustCo Bank's value examination focuses on studying past and present price action to predict the probability of TrustCo Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrustCo Bank's price. Additionally, you may evaluate how the addition of TrustCo Bank to your portfolios can decrease your overall portfolio volatility.