Morgan Stanley (NYSE:MS) analyst Michael Cyprys maintained a Hold rating on TD Ameritrade (NASDAQ:AMTD) Holding Corp. on Wednesday, setting a price target of $37, which is approximately 1.70% above the present share price of $36.38.
Cyprys expects TD Ameritrade Holding Corp. to post earnings per share (EPS) of $0.82 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in TD Ameritrade, with an average price target of $39.72.
The analysts price targets range from a high of $46 to a low of $36.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.45 billion and a net profit of $0. The company's market cap is $19.68 billion.
According to TipRanks.com, Morgan Stanley analyst Michael Cyprys is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.0% and a 56.25% success rate.
TD Ameritrade is a leading retail brokerage and advisor services firm. Its largest shareholder is Toronto-Dominion Bank, which beneficially owns more than 40%. The firm offers trading in stocks, bonds, options, and other asset classes. After commission pricing cuts in 2019, TD Ameritrade will derive approximately 65% of its revenue from interest-rate-related income and fees, 20% from commissions and transaction fees, and 15% from investment product and other revenue. Practically all of the company's revenue is generated in the United States.