Westamerica Bancorporation (WABC) Open at price of $62.01: A Brand-New Opportunity for Investors


Westamerica Bancorporation (NASDAQ: WABC) open the trading on November 23, 2022, with a bit cautious approach as it glided -2.44% to $60.35. During the day, the stock rose to $62.105 and sunk to $60.29 before settling in for the price of $61.86 at the close. Taking a more long-term approach, WABC posted a 52-week range of $52.04-$63.86.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 5.00%. Meanwhile, its Annual Earning per share during the time was 7.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.90%. This publicly-traded company’s shares outstanding now amounts to $26.91 million, simultaneously with a float of $25.86 million. The organization now has a market capitalization sitting at $1.60 billion. At the time of writing, stock’s 50-day Moving Average stood at $57.68, while the 200-day Moving Average is $58.38.

While finding the extent of efficiency of the company that is accounted for 640 employees. For the Profitability, stocks operating margin was +57.58 and Pretax Margin of +53.16.

Westamerica Bancorporation (WABC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Banks – Regional industry. Westamerica Bancorporation’s current insider ownership accounts for 3.91%, in contrast to 78.70% institutional ownership. According to the most recent insider trade that took place on Nov 03, this organization’s Director bought 173 shares at the rate of 60.43, making the entire transaction reach 10,454 in total value, affecting insider ownership by 358. Preceding that transaction, on Feb 03, Company’s SVP/Human Resources Div. Mgr sold 1,000 for 58.60, making the whole transaction’s value amount to 58,604. This particular insider is now the holder of 3,708 in total.

Westamerica Bancorporation (WABC) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted $1.29 earnings per share (EPS) beating the forecaster’s viewpoint (set at $1) by $0.29. This company achieved a net margin of +39.90 while generating a return on equity of 10.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.48 per share during the current fiscal year.

Westamerica Bancorporation’s EPS increase for this current 12-month fiscal period is 7.90% and is forecasted to reach 5.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.00% through the next 5 years, which can be compared against the 7.00% growth it accomplished over the previous five years trading on the market.

Westamerica Bancorporation (NASDAQ: WABC) Trading Performance Indicators

Let’s observe the current performance indicators for Westamerica Bancorporation (WABC). The Stock has managed to achieve an average true range (ATR) of 1.46. Alongside those numbers, its PE Ratio stands at $15.55, and its Beta score is 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.19. Similarly, its price to free cash flow for trailing twelve months is now 37.06.

In the same vein, WABC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.88, a figure that is expected to reach 1.45 in the next quarter, and analysts are predicting that it will be 5.98 at the market close of one year from today.

Technical Analysis of Westamerica Bancorporation (WABC)

[Westamerica Bancorporation, WABC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 30.43% While, its Average True Range was 1.35.


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