On Friday, Associated Banc-Corp. (NYSE: ASB) was 1.01% up from the session before settling in for the closing price of $22.68. A 52-week range for ASB has been $15.20 – $24.21.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 9.21%. When this article was written, the company’s average yearly earnings per share was at -8.18%. With a float of $149.39 million, this company’s outstanding shares have now reached $151.04 million.
In terms of profitability, gross margin is 99.9%, operating margin of 10.62%, and the pretax margin is 9.1%.
Associated Banc-Corp. (ASB) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Associated Banc-Corp. stocks. The insider ownership of Associated Banc-Corp. is 1.00%, while institutional ownership is 85.28%. The most recent insider transaction that took place on Sep 12 ’24, was worth 165,091. In this transaction Director of this company sold 8,061 shares at a rate of $20.48, taking the stock ownership to the 54,114 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Director proposed sale 4,940 for $20.51, making the entire transaction worth $101,319.
Associated Banc-Corp. (ASB) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.53 earnings per share (EPS) during the time that was better than consensus figure (set at 0.52) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.12% during the next five years compared to -9.80% drop over the previous five years of trading.
Associated Banc-Corp. (NYSE: ASB) Trading Performance Indicators
You can see what Associated Banc-Corp. (ASB) 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 1.58. Likewise, its price to free cash flow for the trailing twelve months is 6.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.28 in one year’s time.
Technical Analysis of Associated Banc-Corp. (ASB)
The latest stats from [Associated Banc-Corp., ASB] show that its last 5-days average volume of 1.84 million was superior to 1.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 55.22%. Additionally, its Average True Range was 0.63.
During the past 100 days, Associated Banc-Corp.’s (ASB) raw stochastic average was set at 70.79%, which indicates a significant increase from 60.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.25% in the past 14 days, which was lower than the 29.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.76, while its 200-day Moving Average is $21.28. Now, the first resistance to watch is $23.81. This is followed by the second major resistance level at $24.71. The third major resistance level sits at $25.22. If the price goes on to break the first support level at $22.40, it is likely to go to the next support level at $21.89. Assuming the price breaks the second support level, the third support level stands at $20.99.
Associated Banc-Corp. (NYSE: ASB) Key Stats
There are 150,803K outstanding shares of the company, which has a market capitalization of 3.46 billion. As of now, sales total 2,021 M while income totals 182,960 K. Its latest quarter income was 607,540 K while its last quarter net income were 88,020 K.
