CAD78.23
0.32% yesterday
Toronto, Nov 20, 10:00 pm CET
ISIN
CA8911605092
Symbol
TD
Sector
Industry

Toronto-Dominion Bank Target price 2024 - Analyst rating & recommendation

Toronto-Dominion Bank Classifications & Recommendation:

Buy
44%
Hold
44%
Sell
13%

Toronto-Dominion Bank Price Target

Target Price CAD85.85
Price CAD78.23
Potential
Number of Estimates 13
13 Analysts have issued a price target Toronto-Dominion Bank 2025 . The average Toronto-Dominion Bank target price is CAD85.85. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 16 analysts: 7 Analysts recommend Toronto-Dominion Bank to buy, 7 to hold and 2 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Toronto-Dominion Bank stock has an average upside potential 2025 of . Most analysts recommend the Toronto-Dominion Bank stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Oct '23 2024
Estimates
Revenue Billion CAD 102.52 50.15
63.48% 51.08%
Net Margin 9.56% 19.85%
63.80% 107.53%

8 Analysts have issued a sales forecast Toronto-Dominion Bank 2024 . The average Toronto-Dominion Bank sales estimate is

CAD50.2b
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. This is
57.16% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD50.5b 56.85%
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, the lowest is
CAD49.9b 57.37%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD103b 63.48%
2024
CAD50.2b 51.08%
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2025
CAD52.5b 4.61%
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2026
CAD54.2b 3.36%
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8 Toronto-Dominion Bank Analysts have issued a net profit forecast 2024. The average Toronto-Dominion Bank net profit estimate is

CAD10.0b
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. This is
34.29% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
CAD14.0b 89.15%
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, the lowest is
CAD7.5b 0.71%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD9.8b 40.82%
2024
CAD10.0b 1.50%
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2025
CAD12.9b 29.21%
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2026
CAD15.0b 16.43%
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Net Margin

2023 9.56% 63.80%
2024
19.85% 107.53%
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2025
24.51% 23.48%
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2026
27.61% 12.65%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Oct '23 2024
Estimates
Earnings Per Share CAD 5.61 5.69
40.82% 1.43%
P/E 13.74
EV/Sales 7.71

8 Analysts have issued a Toronto-Dominion Bank forecast for earnings per share. The average Toronto-Dominion Bank <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD5.69
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. This is
34.20% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
CAD8.02 89.15%
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, the lowest is
CAD4.27 0.71%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD5.61 40.82%
2024
CAD5.69 1.43%
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2025
CAD7.36 29.35%
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2026
CAD8.57 16.44%
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P/E ratio

Current 18.45 68.34%
2024
13.74 25.53%
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2025
10.63 22.63%
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2026
9.13 14.11%
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Based on analysts' sales estimates for 2024, the Toronto-Dominion Bank stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.30 17.09%
2024
7.71 133.70%
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2025
7.37 4.41%
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2026
7.13 3.25%
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P/S ratio

Current 1.17 26.92%
2024
2.73 133.41%
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2025
2.61 4.41%
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2026
2.52 3.25%
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