Genworth Financial Inc (NYSE: GNW) kicked off on Tuesday, down -0.43% from the previous trading day, before settling in for the closing price of $6.99. Over the past 52 weeks, GNW has traded in a range of $5.32-$7.25.
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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%. While this was happening, its average annual earnings per share was recorded 850.00%. With a float of $423.48 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. In terms of profitability, gross margin is 97.15%, operating margin of 6.74%, and the pretax margin is 3.63%.
Genworth Financial Inc (GNW) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Life Industry. The insider ownership of Genworth Financial Inc is 1.98%, while institutional ownership is 82.78%. The most recent insider transaction that took place on Aug 26 ’24, was worth 1,031,700. In this transaction President and CEO; Director of this company sold 150,000 shares at a rate of $6.88, taking the stock ownership to the 4,532,954 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Officer proposed sale 150,000 for $6.88, making the entire transaction worth $1,031,721.
Genworth Financial Inc (GNW) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.06 earnings per share (EPS), lower than consensus estimate (set at 0.22) by -0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 850.00% 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
Take a look at Genworth Financial Inc’s (GNW) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 13.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.07, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.93 in one year’s time.
Technical Analysis of Genworth Financial Inc (GNW)
Compared to the last year’s volume of 2.78 million, its volume of 1.71 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 28.64%. Additionally, its Average True Range was 0.13.
During the past 100 days, Genworth Financial Inc’s (GNW) raw stochastic average was set at 78.99%, which indicates a significant increase from 48.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.89% in the past 14 days, which was higher than the 20.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.84, while its 200-day Moving Average is $6.40. Nevertheless, the first resistance level for the watch stands at $7.01 in the near term. At $7.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.10. If the price goes on to break the first support level at $6.92, it is likely to go to the next support level at $6.87. Should the price break the second support level, the third support level stands at $6.83.
Genworth Financial Inc (NYSE: GNW) Key Stats
The company with the Market Capitalisation of 3.01 billion has total of 437,721K Shares Outstanding. Its annual sales at the moment are 7,488 M in contrast with the sum of 76,000 K annual income. Company’s last quarter sales were recorded 1,769 M and last quarter income was 76,000 K.
