A look at Northwest Bancshares Inc’s (NWBI) recent performance gives investors their first glimpse of hope.

On Tuesday, Northwest Bancshares Inc (NASDAQ: NWBI) opened higher 0.60% from the last session, before settling in for the closing price of $13.41. Price fluctuations for NWBI have ranged from $9.80 to $14.55 over the past 52 weeks.

Financial Sector giant saw their annual sales surged by 8.91% over the last five years. Company’s average yearly earnings per share was noted -7.41% at the time writing. With a float of $120.70 million, this company’s outstanding shares have now reached $127.11 million.

The firm has a total of 2098 workers. Let’s measure their productivity. In terms of profitability, gross margin is 92.33%, operating margin of 20.72%, and the pretax margin is 19.55%.

Northwest Bancshares Inc (NWBI) Insider Activity

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Northwest Bancshares Inc is 5.24%, while institutional ownership is 66.91%. The most recent insider transaction that took place on Jul 26 ’24, was worth 192,999. In this transaction SEVP, Chief Operating Officer of this company sold 13,614 shares at a rate of $14.18, taking the stock ownership to the 208,302 shares. Before that another transaction happened on Jul 26 ’24, when Company’s Officer proposed sale 13,614 for $14.14, making the entire transaction worth $192,442.

Northwest Bancshares Inc (NWBI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -7.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 0.80% growth over the previous five years of trading.

Northwest Bancshares Inc (NASDAQ: NWBI) Trading Performance Indicators

Check out the current performance indicators for Northwest Bancshares Inc (NWBI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.40. Likewise, its price to free cash flow for the trailing twelve months is 13.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.02 in one year’s time.

Technical Analysis of Northwest Bancshares Inc (NWBI)

Analysing the last 5-days average volume posted by the [Northwest Bancshares Inc, NWBI], we can find that recorded value of 0.62 million was lower than the volume posted last year of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 85.29%. Additionally, its Average True Range was 0.28.

During the past 100 days, Northwest Bancshares Inc’s (NWBI) raw stochastic average was set at 73.89%, which indicates a significant increase from 73.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.29% in the past 14 days, which was lower than the 25.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.23, while its 200-day Moving Average is $12.06. Now, the first resistance to watch is $13.72. This is followed by the second major resistance level at $13.94. The third major resistance level sits at $14.12. If the price goes on to break the first support level at $13.31, it is likely to go to the next support level at $13.13. Should the price break the second support level, the third support level stands at $12.91.

Northwest Bancshares Inc (NASDAQ: NWBI) Key Stats

There are currently 127,264K shares outstanding in the company with a market cap of 1.72 billion. Presently, the company’s annual sales total 701,750 K according to its annual income of 134,960 K. Last quarter, the company’s sales amounted to 158,010 K and its income totaled 4,750 K.