On Monday, East West Bancorp, Inc (NASDAQ: EWBC) was 4.02% up from the session before settling in for the closing price of $101.88. A 52-week range for EWBC has been $55.43 – $107.33.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Financial sector company grew by 19.13% over the past five years. When this article was written, the company’s average yearly earnings per share was at 2.01%. With a float of $137.19 million, this company’s outstanding shares have now reached $140.03 million.
Let’s look at the performance matrix of the company that is accounted for 3206 employees. In terms of profitability, gross margin is 27.86%, operating margin of 30.75%, and the pretax margin is 110.13%.
East West Bancorp, Inc (EWBC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward East West Bancorp, Inc stocks. The insider ownership of East West Bancorp, Inc is 1.02%, while institutional ownership is 90.89%. The most recent insider transaction that took place on Nov 06 ’24, was worth 105,940. In this transaction Director of this company sold 1,000 shares at a rate of $105.94, taking the stock ownership to the 23,573 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Executive Vice President sold 3,379 for $103.59, making the entire transaction worth $350,031. This insider now owns 15,512 shares in total.
East West Bancorp, Inc (EWBC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 2.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.06% during the next five years compared to 11.19% growth over the previous five years of trading.
East West Bancorp, Inc (NASDAQ: EWBC) Trading Performance Indicators
You can see what East West Bancorp, Inc (EWBC) 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 3.35. Likewise, its price to free cash flow for the trailing twelve months is 10.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.93, a number that is poised to hit 2.11 in the next quarter and is forecasted to reach 8.61 in one year’s time.
Technical Analysis of East West Bancorp, Inc (EWBC)
East West Bancorp, Inc (NASDAQ: EWBC) saw its 5-day average volume 1.32 million, a positive change from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 67.50%. Additionally, its Average True Range was 3.35.
During the past 100 days, East West Bancorp, Inc’s (EWBC) raw stochastic average was set at 96.38%, which indicates a significant increase from 89.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.60% in the past 14 days, which was higher than the 34.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.83, while its 200-day Moving Average is $78.72. Nevertheless, the first resistance level for the watch stands at $107.71 in the near term. At $109.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $111.79. If the price goes on to break the first support level at $103.64, it is likely to go to the next support level at $101.29. Assuming the price breaks the second support level, the third support level stands at $99.56.
East West Bancorp, Inc (NASDAQ: EWBC) Key Stats
There are 138,605K outstanding shares of the company, which has a market capitalization of 14.72 billion. As of now, sales total 3,989 M while income totals 1,161 M. Its latest quarter income was 1,161 M while its last quarter net income were 299,170 K.
