Genworth Financial Inc (NYSE: GNW) on Tuesday, plunged -0.64% from the previous trading day, before settling in for the closing price of $6.27. Within the past 52 weeks, GNW’s price has moved between $4.83 and $6.93.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Financial sector was -2.46%. The company achieved an average annual earnings per share of 761.11%. With a float of $429.14 million, this company’s outstanding shares have now reached $446.82 million.
Considering the fact that the conglomerate employs 2700 people, you should pay attention to its efficiency factor.
Genworth Financial Inc (GNW) Breakdown of a Key Holders of the stock
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of Genworth Financial Inc is 1.96%, while institutional ownership is 81.62%. The most recent insider transaction that took place on May 24 ’24, was worth 1,254,800. In this transaction President and CEO; Director of this company sold 200,000 shares at a rate of $6.27, taking the stock ownership to the 4,361,980 shares. Before that another transaction happened on Dec 04 ’23, when Company’s President and CEO; Director sold 200,000 for $6.18, making the entire transaction worth $1,235,400. This insider now owns 3,270,010 shares in total.
Genworth Financial Inc (GNW) Recent Fiscal highlights
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.29 earnings per share (EPS) for the period topping the consensus outlook (set at 0.17) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 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
Genworth Financial Inc (GNW) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39. Likewise, its price to free cash flow for the trailing twelve months is 5.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.90 in one year’s time.
Technical Analysis of Genworth Financial Inc (GNW)
Compared to the last year’s volume of 2.75 million, its volume of 2.39 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.81%. Additionally, its Average True Range was 0.14.
During the past 100 days, Genworth Financial Inc’s (GNW) raw stochastic average was set at 49.56%, which indicates a significant increase from 8.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.57% in the past 14 days, which was lower than the 27.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.28, while its 200-day Moving Average is $6.12. Nevertheless, the first resistance level for the watch stands at $6.30 in the near term. At $6.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.43. If the price goes on to break the first support level at $6.17, it is likely to go to the next support level at $6.11. Now, if the price goes above the second support level, the third support stands at $6.04.
Genworth Financial Inc (NYSE: GNW) Key Stats
Market capitalization of the company is 2.73 billion based on 437,721K outstanding shares. Right now, sales total 7,488 M and income totals 76,000 K. The company made 1,864 M in profit during its latest quarter, and 139,000 K in sales during its previous quarter.
