Associated Banc-Corp (ASB) is predicted to post EPS of 0.53 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

As on Thursday, Associated Banc-Corp (NYSE: ASB) started slowly as it slid -2.16% to $26.67, before settling in for the price of $27.26 at the close. Taking a more long-term approach, ASB posted a 52-week range of $17.29-$28.18.

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

The Financial Sector giants’ yearly sales growth during the last 5-year period was 9.21%. Meanwhile, its Annual Earning per share during the time was -9.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -6.31%. This publicly-traded company’s shares outstanding now amounts to $151.04 million, simultaneously with a float of $149.68 million. The organization now has a market capitalization sitting at $4.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.71, while the 200-day Moving Average is $21.57.

Associated Banc-Corp (ASB) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Banks – Regional industry. Associated Banc-Corp’s current insider ownership accounts for 1.04%, in contrast to 85.94% institutional ownership. According to the most recent insider trade that took place on Nov 08 ’24, this organization’s Executive Vice President sold 30,777 shares at the rate of 26.85, making the entire transaction reach 826,455 in total value, affecting insider ownership by 37,087. Preceding that transaction, on Nov 08 ’24, Company’s Executive Vice President sold 25,923 for 26.64, making the whole transaction’s value amount to 690,666. This particular insider is now the holder of 12,939 in total.

Associated Banc-Corp (ASB) Earnings and Revenue Records

Associated Banc-Corp’s EPS decrease for this current 12-month fiscal period is -6.31% and is forecasted to reach 2.30 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.25% through the next 5 years, which can be compared against the -9.80% growth it accomplished over the previous five years trading on the market.

Associated Banc-Corp (NYSE: ASB) Trading Performance Indicators

Let’s observe the current performance indicators for Associated Banc-Corp (ASB). The Stock has managed to achieve an average true range (ATR) of 0.89. Alongside those numbers, its PE Ratio stands at $22.40, and its Beta score is 0.92. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.84. Similarly, its price to free cash flow for trailing twelve months is now 7.72.

In the same vein, ASB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.19, a figure that is expected to reach 0.53 in the next quarter, and analysts are predicting that it will be 2.30 at the market close of one year from today.

Technical Analysis of Associated Banc-Corp (ASB)

Through scrutinizing the latest numbers posted by the [Associated Banc-Corp, ASB], it can be observed that its last 5-days Average volume of 1.33 million was lower the volume of 1.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 80.46% While, its Average True Range was 0.98.

Raw Stochastic average of Associated Banc-Corp (ASB) in the period of the previous 100 days is set at 82.07%, which indicates a major rise in contrast to 71.51% 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 73.65% that was higher than 40.39% volatility it exhibited in the past 100-days period.