Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  TD Ameritrade Holding Corp.    AMTD

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

TD Ameritrade Holding Corp. : TD Ameritrade Averaging 370,000 Client Trades/Day In April

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/17/2012 | 03:10pm CET
   By Brett Philbin 
   Of  
 

TD Ameritrade Holding Corp. (AMTD) said it's averaging 370,000 client trades per day so far in April, suggesting a third straight monthly decline in trading volume.

The forecast, which is preliminary, implies the Omaha, Neb. online brokerage's daily average revenue trades, or DARTs--a measure of trading volume--are down 3% from March and 8% from a year earlier. The year-ago period reflects some tough comparisons for TD Ameritrade though, as it was the company's best quarter of trading activity in its history.

The data also confirms trading activity was sluggish to start 2012 amid an on-going European sovereign-debt crisis and concerns about a slowing economic recovery.

During a conference call with analysts, TD Ameritrade Chief Executive Fred Tomczyk said, "there remains a sense of caution among the retail investor despite improvements in the market in the quarter."

While trading activity was strong to begin 2011, Tomczyk said volumes this year reflect investors "waiting to see if the economy and markets are for real this time."

Earlier Tuesday, TD Ameritrade said its fiscal second-quarter earnings slumped 20% from a year ago as its trading revenue plunged.

Within the quarter, Ameritrade's commission and transaction fee-based revenue fell 14% from a year ago to $292 million, though climbed 6.8% sequentially. The company posted DARTs of 388,000 in period, down 12% from a year earlier, but up 5.5% from the previous quarter.

Shares of TD Ameritrade recently traded down 0.9% at $18.61. The stock has climbed 20% year-to-date as of Monday's close.

-By Brett Philbin, Dow Jones Newswires; 212-416-2173; brett.philbin@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TD AMERITRADE HOLDING CORP
02/21 TD AMERITRADE SURVEY : Parents and Grandparents Forgo Frills to Save for Retirem..
02/17 TD AMERITRADE : Announces Results of Annual Stockholders Meeting
02/16 THE COCA-COLA COMPANY : is the Most Popular Advertiser, Winning the First TD Ame..
02/10 TD AMERITRADE : January 2017 Fintech Report Card - Top 8 Tech Events
02/09 TD AMERITRADE : Kevin O’Leary To Be A Keynote Speaker At 3rd Annual Benzin..
02/09 TD AMERITRADE : Reports Monthly Metrics
02/06 TD AMERITRADE : Management's Discussion and Analysis of Financial Condition and ..
02/06 TD AMERITRADE INVESTOR MOVEMENT INDE : D.C. & the Dow Drove Activity in January
02/06 TD AMERITRADE : The Coca-Cola Company is the Most Popular Advertiser, Winning th..
02/02 BIG PLANS FOR BIG DATA : TD Ameritrade Institutional to Launch Veo One Analytics..
More news
Sector news : Investment Banking
02/23 Banks' bond trading up in 2016 for first time since 2012 after Brexit, Trump ..
02/22DJSaudi Aramco Picks J.P. Morgan, HSBC, Morgan Stanley as Lead IPO Underwriters
02/21 Wall Street challenges U.S. regulator over proposed commodities rule
02/21 South Africa grants Barclays Africa immunity in FX rigging probe
02/21 Six banks pitch for Aramco IPO role on Saudi bourse - sources
More sector news : Investment Banking
News from SeekingAlpha
02/09 Sluggish January activity at TD Ameritrade
02/03 Ameritrade upgraded after yesterday's carnage
02/02 Commission-free trading coming to a broker near you?
02/02 FINANCIALS - TOP 5 GAINERS / LOSERS : 00 pm
02/02 Schwab -3%, E*Trade -7.5%, Ameritrade -9% as Schwab cuts prices
Advertisement
Financials ($)
Sales 2017 3 553 M
EBIT 2017 1 497 M
Net income 2017 914 M
Debt 2017 -
Yield 2017 1,68%
P/E ratio 2017 25,12
P/E ratio 2018 21,11
Capi. / Sales 2017 6,46x
Capi. / Sales 2018 5,96x
Capitalization 22 950 M
More Financials
Chart TD AMERITRADE HOLDING CORP
Duration : Period :
TD Ameritrade Holding Corp Technical Analysis Chart | AMTD | US87236Y1082 | 4-Traders
Full-screen chart
Technical analysis trends TD AMERITRADE HOL...
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 49,0 $
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Timothy D. Hockey President, Chief Executive Officer & Director
Joe Hugh Moglia Chairman
Jeffrey Goeser Director-Finance & Investor Relations
Stephen J. Boyle Chief Financial Officer & Executive Vice President
Vijay Sankaran Chief Information Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TD AMERITRADE HOLDING ..-0.32%22 950
CHINA CINDA ASSET MANA..12.14%31 325
HAITONG SECURITIES COM..0.89%24 962
NATIONAL COMMERCIAL BA..--.--%22 082
EVERBRIGHT SECURITIES ..0.94%10 214
INDUSTRIAL SECURITIES ..5.75%7 809
More Results