TD:TSX-Toronto Dominion Bank (CAD)

COMMON STOCK | Banks-Diversified | TSX

Last Closing Price

CAD 89.59

Change

-0.38 (-0.42)%

Market Cap

CAD 165.03B

Volume

2.46M

Avg Analyst Target

CAD 93.56 (+4.43%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


TD Stock Forecast & Price:
Based on the Toronto Dominion Bank stock forecasts from 16 analysts, the average analyst target price for Toronto Dominion Bank is CAD 93.56 over the next 12 months. Toronto Dominion Bank’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of Toronto Dominion Bank is Neutral, which is based on 7 positive signals and 8 negative signals. At the last closing, Toronto Dominion Bank’s stock price was CAD 89.59. Toronto Dominion Bank’s stock price has changed by -1.27% over the past week, +2.14% over the past month and -4.27% over the last year.

About Toronto Dominion Bank (TD:CA:TSX)

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-11-29 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
RY:CA Royal Bank of Canada

+0.56 (+0.42%)

CAD187.62B 12.28 N/A
RY-PZ:CA Royal Bank of Canada Pref Z

+0.01 (+0.06%)

CAD150.59B 1.52 N/A
RY-PC:CA Royal Bank of Canada

N/A

CAD149.96B 2.64 N/A
RY-PE:CA Royal Bank of Canada

N/A

CAD149.54B 2.61 N/A
RY-PM:CA Royal Bank of Canada Pref M

+0.15 (+0.82%)

CAD145.15B 1.59 N/A
RY-PQ:CA Royal Bank of Canada

N/A

CAD144.82B 3.09 N/A
RY-PJ:CA Royal Bank of Canada Pref J

-0.01 (-0.05%)

CAD144.04B 1.61 N/A
BMO:CA Bank of Montreal

+0.51 (+0.39%)

CAD88.03B 7.83 N/A
BNS-PG:CA The Bank of Nova Scotia

N/A

CAD83.58B 4.03 N/A
BNS:CA Bank of Nova Scotia

-1.79 (-2.50%)

CAD83.00B 8.33 N/A

ETFs Containing TD:CA

Symbol Name Weight Mer Price(Change) Market Cap
FCCQ:CA Fidelity Canadian High Qu.. 5.03 % 0.35 %

+0.24 (+0.81%)

CAD0.03B
CEW WisdomTree Emerging Curre.. 0.00 % 0.55 %

+0.12 (+0.70%)

CAD8.29M
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

+0.13 (+0.53%)

CAD0.02B
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.32 %

-0.14 (-0.57%)

CAD0.25B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

-0.01 (-0.04%)

CAD0.69B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

+0.20 (+0.78%)

CAD0.02B
RPSB:CA RBC PH&N Short Term Canad.. 0.00 % 0.39 %

-0.02 (-0.10%)

CAD0.04B
RMBO:CA RBC 6-10 year Laddered Ca.. 0.00 % 0.25 %

N/A

CAD4.36M
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.04 %

+0.07 (+0.06%)

CAD0.11B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.05 %

+0.51 (+0.41%)

CAD1.10B
ZCB:CA BMO Corporate Bond Index .. 0.00 % 0.17 %

-0.01 (-0.02%)

CAD0.03B
EGIF:CA Exemplar Growth and Incom.. 0.00 % 1.29 %

+0.03 (+0.14%)

CAD0.73B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.28 %

-0.02 (-0.10%)

CAD0.14B
FCCD:CA Fidelity Canadian High Di.. 0.00 % 0.35 %

+0.13 (+0.46%)

CAD0.19B
XBAL:CA iShares Core Balanced ETF.. 0.00 % 0.20 %

+0.08 (+0.32%)

CAD0.83B
HCB:CA Hamilton Canadian Bank Va.. 0.00 % 0.65 %

N/A

CAD0.01B
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.24 %

+0.19 (+0.55%)

CAD0.47B
XGRO:CA iShares Core Growth ETF P.. 0.00 % 0.20 %

+0.14 (+0.58%)

CAD1.42B
CMCE:CA CIBC Multifactor Canadian.. 0.00 % 0.30 %

N/A

CAD0.24B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD0.35B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.18 %

+0.10 (+0.40%)

CAD0.21B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.17 %

-0.22 (-0.89%)

CAD0.06B
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.35 %

+0.15 (+1.15%)

CAD0.07B
TQCD:CA TD Q Canadian Dividend ET.. 0.00 % 0.39 %

+0.13 (+0.85%)

CAD0.07B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.17 %

+0.08 (+0.14%)

CAD0.14B
FCMI:CA Fidelity Canadian Monthly.. 0.00 % 0.50 %

N/A

CAD9.36M
NDIV:CA NBI Canadian Dividend Inc.. 0.00 % 0.55 %

N/A

CAD0.01B
FST-A:CA First Trust Canadian Capi.. 0.00 % 0.60 %

N/A

CAD0.05B
INOC:CA Horizons Inovestor Canadi.. 0.00 % 0.65 %

+0.04 (+0.32%)

CAD0.03B
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.40 %

N/A

CAD0.36B
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.61 %

-0.03 (-0.19%)

CAD0.18B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.21 %

-0.14 (-0.32%)

CAD1.70B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.80 %

-0.02 (-0.17%)

CAD0.17B
FIE:CA iShares Canadian Financia.. 0.00 % 0.89 %

+0.02 (+0.29%)

CAD0.92B
FPR:CA First Asset Preferred Sha.. 0.00 % 0.80 %

-0.03 (-0.15%)

CAD0.07B
HAL Halliburton Company 0.00 % 0.00 %

+1.28 (+3.57%)

CAD33.02B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.84 %

N/A

CAD0.02B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.56 %

+0.02 (+0.06%)

CAD0.87B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.42 %

+0.10 (+0.41%)

CAD0.11B
RCE:CA RBC Quant Canadian Equity.. 0.00 % 0.43 %

N/A

CAD0.01B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.27 %

N/A

CAD0.01B
TTP:CA TD S&P/TSX Capped Composi.. 0.00 % 0.05 %

+0.09 (+0.39%)

CAD1.34B
VCE:CA Vanguard FTSE Canada 0.00 % 0.05 %

+0.09 (+0.20%)

CAD1.24B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.05 %

+0.10 (+0.24%)

CAD5.14B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

-0.04 (-0.14%)

CAD1.66B
QCD:CA AGFiQ Enhanced Core Canad.. 0.00 % 0.45 %

+0.14 (+0.43%)

CAD0.06B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

+0.02 (+0.08%)

CAD1.39B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.50 %

N/A

CAD0.09B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.13 (+0.40%)

CAD9.45B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.07 (+0.23%)

CAD11.94B
XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

+0.02 (+0.19%)

CAD0.49B
ZCM:CA BMO Mid Corporate Bond 0.00 % 0.34 %

-0.04 (-0.27%)

CAD0.54B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.06 %

+0.10 (+0.37%)

CAD6.88B
ZDV:CA BMO Canadian Dividend 0.00 % 0.35 %

-0.02 (-0.10%)

CAD0.87B
ZST:CA BMO Ultra Short-Term Bond 0.00 % 0.15 %

+0.03 (+0.06%)

CAD0.89B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.72 %

N/A

CAD2.63B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

-0.04 (-0.51%)

CAD4.39M
FST:CA First Trust Canadian Capi.. 0.00 % 0.60 %

+0.36 (+0.86%)

CAD0.04B
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.04 %

-0.09 (-0.41%)

CAD0.15B

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -7.62% 83% B 67% D+
Dividend Return 3.67% 52% F 74% C
Total Return -3.95% 83% B 75% C
Trailing 12 Months  
Capital Gain -0.62% 91% A- 79% C+
Dividend Return 3.95% 48% F 73% C
Total Return 3.33% 91% A- 83% B
Trailing 5 Years  
Capital Gain 22.32% 50% F 66% D
Dividend Return 16.85% 17% F 77% C+
Total Return 39.17% 50% F 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 7.32% 78% C+ 65% D
Dividend Return 3.29% 83% B 78% C+
Total Return 10.61% 78% C+ 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 22.10% 30% F 43% F
Risk Adjusted Return 48.00% 78% C+ 73% C
Market Capitalization 165.03B 94% A 100% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.54 9% F 56% F
Price/Book Ratio 1.73 33% F 37% F
Price / Cash Flow Ratio 2.91 6% F 60% D-
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 14.36% 26% F 72% C-
Return on Invested Capital -1.46% 96% A 33% F
Return on Assets 0.82% 26% F 37% F
Debt to Equity Ratio 51.69% 78% C+ 51% F
Technical Ratios  
Dividend Yield 3.91% 13% F 51% F
Short Ratio 12.07 48% F 14% F
Short Percent 3.20% 19% F 25% F
Beta 0.85 74% C 73% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector