On Monday, Genworth Financial Inc (NYSE: GNW) was 0.33% up from the session before settling in for the closing price of $5.99. A 52-week range for GNW has been $4.51 – $6.93.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Financial sector has dropped its sales by -2.46% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 761.11%. With a float of $430.38 million, this company’s outstanding shares have now reached $446.82 million.
In an organization with 2700 employees, it is important to assess its efficiency.
Genworth Financial Inc (GNW) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Genworth Financial Inc stocks. The insider ownership of Genworth Financial Inc is 2.07%, while institutional ownership is 83.45%. The most recent insider transaction that took place on Dec 04 ’23, was worth 1,235,400. In this transaction President and CEO; Director of this company sold 200,000 shares at a rate of $6.18, taking the stock ownership to the 3,270,010 shares. Before that another transaction happened on Aug 11 ’23, when Company’s President and CEO; Director sold 200,000 for $6.01, making the entire transaction worth $1,201,200. This insider now owns 3,470,010 shares in total.
Genworth Financial Inc (GNW) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted -$0.47 earnings per share (EPS) during the time that was less than consensus figure (set at $0.19) by -$0.66. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 761.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -7.62% drop over the previous five years of trading.
Genworth Financial Inc (NYSE: GNW) Trading Performance Indicators
You can see what Genworth Financial Inc (GNW) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38. Likewise, its price to free cash flow for the trailing twelve months is 4.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.00, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.90 in one year’s time.
Technical Analysis of Genworth Financial Inc (GNW)
Let’s dig in a bit further. During the last 5-days, its volume was 2.73 million. That was inferior than the volume of 2.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.07%. Additionally, its Average True Range was 0.15.
During the past 100 days, Genworth Financial Inc’s (GNW) raw stochastic average was set at 26.98%, which indicates a significant decrease from 40.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.80% in the past 14 days, which was lower than the 26.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.18, while its 200-day Moving Average is $6.05. However, in the short run, Genworth Financial Inc’s stock first resistance to watch stands at $6.06. Second resistance stands at $6.11. The third major resistance level sits at $6.14. If the price goes on to break the first support level at $5.97, it is likely to go to the next support level at $5.94. The third support level lies at $5.89 if the price breaches the second support level.
Genworth Financial Inc (NYSE: GNW) Key Stats
There are 439,459K outstanding shares of the company, which has a market capitalization of 2.64 billion. As of now, sales total 7,488 M while income totals 76,000 K. Its latest quarter income was 1,911 M while its last quarter net income were -152,000 K.
