TD Ameritrade Holding Corp. (NASDAQ:AMTD) announced its earnings results on Tuesday. The financial services provider reported $0.74 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.03), Briefing.com reports. TD Ameritrade had a net margin of 36.72% and a return on equity of 27.18%. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the company earned $1.11 EPS. The firm’s revenue for the quarter was down 14.8% on a year-over-year basis.
TD Ameritrade stock opened at $50.75 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s 50 day simple moving average is $50.61 and its two-hundred day simple moving average is $46.17. TD Ameritrade Holding Corp. has a fifty-two week low of $32.69 and a fifty-two week high of $57.88. The stock has a market cap of $27.37 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.50 and a beta of 1.29.
In other news, CEO Stephen J. Boyle sold 18,180 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $52.25, for a total value of $949,905.00. Following the completion of the sale, the chief executive officer now directly owns 186,522 shares in the company, valued at approximately $9,745,774.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ellen L. S. Koplow sold 17,241 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $52.01, for a total value of $896,704.41. Following the completion of the sale, the executive vice president now owns 104,862 shares of the company’s stock, valued at $5,453,872.62. The disclosure for this sale can be found here. Over the last three months, insiders sold 74,464 shares of company stock worth $3,917,498. Insiders own 0.44% of the company’s stock.
About TD Ameritrade
TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States. It offers trade execution, clearing, and margin lending services; futures and foreign exchange trade execution services; and trustee, custodial, and other trust-related services to retirement plans and other custodial accounts, as well as provides cash sweep and deposit account products through third-party relationships.
Recommended Story: What is the outlook for the FAANG stocks?
Receive News & Ratings for TD Ameritrade Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD Ameritrade and related companies with MarketBeat.com's FREE daily email newsletter.