- Capital One (COF, Financial) reports a Q1 non-GAAP EPS of $4.06, exceeding expectations by $0.41.
- Wall Street analysts set a one-year price target with an average upside of 23.40%.
- GuruFocus estimates indicate a potential downside of 9.27% from the current share price.
Capital One (NYSE: COF) delivered its first-quarter results, showcasing a strong performance as the company reported a non-GAAP earnings per share (EPS) of $4.06. This exceeded market expectations by $0.41, positioning Capital One ahead of analysts' predictions.
However, the reported revenue amounted to $10 billion, slightly missing the projected figure by $50 million. Despite this, Capital One managed to reduce its non-interest expenses by 3% to $5.9 billion. The net interest margin experienced a minor dip, standing at 6.93%.
Wall Street Analysts' Insights
Analyzing the outlook from 18 Wall Street analysts, the average price target for Capital One Financial Corp (COF, Financial) is projected at $210.02. This forecast includes a high estimate of $251.00 and a low estimate of $160.00, implying a significant upside potential of 23.40% from the current trading price of $170.20. Investors can access more in-depth estimates on the Capital One Financial Corp (COF) Forecast page.
The consensus among 22 brokerage firms suggests an average recommendation of 2.0 for Capital One (COF, Financial), categorizing it as an "Outperform" stock. The rating scale spans from 1, indicating a "Strong Buy," to 5, representing a "Sell" recommendation.
GuruFocus Valuation Perspective
From the standpoint of GuruFocus metrics, the projected GF Value for Capital One Financial Corp (COF, Financial) in the coming year is calculated at $154.42. This estimate signals a potential downside risk of 9.27% relative to the current price of $170.20. GuruFocus' GF Value provides an estimate of the stock's fair value, derived from historical multiples, past growth trajectories, and projected business performance. For a comprehensive evaluation, visit the Capital One Financial Corp (COF) Summary page.
