As on Thursday, Eastern Bankshares Inc. (NASDAQ: EBC) got off with the flyer as it spiked 0.24% to $16.72, before settling in for the price of $16.68 at the close. Taking a more long-term approach, EBC posted a 52-week range of $10.65-$17.49.
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It was noted that the giant of the Financial sector posted annual sales growth of -0.67% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 19.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.41%. This publicly-traded company’s shares outstanding now amounts to $215.65 million, simultaneously with a float of $198.29 million. The organization now has a market capitalization sitting at $3.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.39, while the 200-day Moving Average is $14.45.
Eastern Bankshares Inc. (EBC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Banks – Regional industry. Eastern Bankshares Inc.’s current insider ownership accounts for 8.05%, in contrast to 56.45% institutional ownership. According to the most recent insider trade that took place on Sep 04 ’24, this organization’s President sold 12,676 shares at the rate of 16.66, making the entire transaction reach 211,182 in total value, affecting insider ownership by 0.
Eastern Bankshares Inc. (EBC) Earnings and Revenue Records
Eastern Bankshares Inc.’s EPS increase for this current 12-month fiscal period is 10.41% and is forecasted to reach 1.43 in the upcoming year.
Eastern Bankshares Inc. (NASDAQ: EBC) Trading Performance Indicators
Let’s observe the current performance indicators for Eastern Bankshares Inc. (EBC). The Stock has managed to achieve an average true range (ATR) of 0.40. Alongside those numbers, its PE Ratio stands at $6.15, and its Beta score is 0.88. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.95. Similarly, its price to free cash flow for trailing twelve months is now 8.26.
In the same vein, EBC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.72, a figure that is expected to reach 0.34 in the next quarter, and analysts are predicting that it will be 1.43 at the market close of one year from today.
Technical Analysis of Eastern Bankshares Inc. (EBC)
Through scrutinizing the latest numbers posted by the [Eastern Bankshares Inc., EBC], it can be observed that its last 5-days Average volume of 0.75 million was lower the volume of 1.0 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 31.84% While, its Average True Range was 0.39.
Raw Stochastic average of Eastern Bankshares Inc. (EBC) in the period of the previous 100 days is set at 84.06%, which indicates a major rise in contrast to 49.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 25.87% that was lower than 30.16% volatility it exhibited in the past 100-days period.
