A new trading day began on Friday, with Genworth Financial Inc (NYSE: GNW) stock price up 1.97% from the previous day of trading, before settling in for the closing price of $7.62. GNW’s price has ranged from $5.67 to $7.66 over the past 52 weeks.
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During the last 5-year period, the sales drop of Financial Sector giant was -2.46%. Meanwhile, its annual earnings per share averaged 827.78%. With a float of $418.58 million, this company’s outstanding shares have now reached $446.82 million.
Let’s determine the extent of company efficiency that accounts for 2700 employees. In terms of profitability, gross margin is 97.17%, operating margin of 7.56%, and the pretax margin is 4.62%.
Genworth Financial Inc (GNW) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Life Industry. The insider ownership of Genworth Financial Inc is 1.98%, while institutional ownership is 85.17%. 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 its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.51 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 827.78% 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
Here are Genworth Financial Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 16.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 0.90 in one year’s time.
Technical Analysis of Genworth Financial Inc (GNW)
Looking closely at Genworth Financial Inc (NYSE: GNW), its last 5-days average volume was 2.88 million, which is a jump from its year-to-date volume of 2.78 million. As of the previous 9 days, the stock’s Stochastic %D was 97.05%. Additionally, its Average True Range was 0.16.
During the past 100 days, Genworth Financial Inc’s (GNW) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.39% in the past 14 days, which was higher than the 25.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.00, while its 200-day Moving Average is $6.50. However, in the short run, Genworth Financial Inc’s stock first resistance to watch stands at $7.82. Second resistance stands at $7.87. The third major resistance level sits at $7.97. If the price goes on to break the first support level at $7.67, it is likely to go to the next support level at $7.57. Should the price break the second support level, the third support level stands at $7.52.
Genworth Financial Inc (NYSE: GNW) Key Stats
With a market capitalization of 3.38 billion, the company has a total of 427,032K Shares Outstanding. Currently, annual sales are 7,488 M while annual income is 76,000 K. The company’s previous quarter sales were 1,880 M while its latest quarter income was 85,000 K.
