Associated Banc-Corp (ASB) Moves -5.80% Lower: These Numbers are Too Good to be True

As on July 09, 2020, Associated Banc-Corp (NYSE: ASB) started slowly as it slid -5.80% to $11.86. During the day, the stock rose to $12.43 and sunk to $11.78 before settling in for the price of $12.59 at the close. Taking a more long-term approach, ASB posted a 52-week range of $10.23-$22.60.

It was noted that the giant of the Financial sector posted annual sales growth of 9.70% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 10.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.00%. This publicly-traded company’s shares outstanding now amounts to $154.70 million, simultaneously with a float of $150.38 million. The organization now has a market capitalization sitting at $1.83 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.88, while the 200-day Moving Average is $17.49.

It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 4669 workers. For the Profitability, stocks operating margin was +26.62 and Pretax Margin of +26.15.

Associated Banc-Corp (ASB) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Banks – Regional industry. Associated Banc-Corp’s current insider ownership accounts for 1.50%, in contrast to 76.40% institutional ownership. According to the most recent insider trade that took place on Jun 09, this organization’s Director bought 2,000 shares at the rate of 25.00, making the entire transaction reach 50,000 in total value, affecting insider ownership by 2,000. Preceding that transaction, on Jun 09, Company’s Director bought 2,000 for 25.00, making the whole transaction’s value amount to 50,000. This particular insider is now the holder of 2,000 in total.

Associated Banc-Corp (ASB) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 3/30/2020, the company posted $0.27 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.1) by $0.17. This company achieved a net margin of +20.89 while generating a return on equity of 8.43. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.

Associated Banc-Corp’s EPS increase for this current 12-month fiscal period is 6.00% and is forecasted to reach 1.40 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.00% through the next 5 years, which can be compared against the 10.50% growth it accomplished over the previous five years trading on the market.

Associated Banc-Corp (NYSE: ASB) Trading Performance Indicators

Let’s observe the current performance indicators for Associated Banc-Corp (ASB). The Stock has managed to achieve an average true range (ATR) of 0.80. Alongside those numbers, its PE Ratio stands at $7.06, and its Beta score is 1.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.62. Similarly, its price to free cash flow for trailing twelve months is now 4.68.

In the same vein, ASB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.68, a figure that is expected to reach 0.38 in the next quarter, and analysts are predicting that it will be 1.40 at the market close of one year from today.

Technical Analysis of Associated Banc-Corp (ASB)

Through scrutinizing the latest numbers posted by the [Associated Banc-Corp, ASB], it can be observed that its last 5-days Average volume of 1.47 million was lower the volume of 1.5 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 9.72% While, its Average True Range was 0.75.

Raw Stochastic average of Associated Banc-Corp (ASB) in the period of the previous 100 days is set at 21.73%, which indicates a major rise in contrast to 2.75% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 58.04% that was lower than 89.13% volatility it exhibited in the past 100-days period.

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