Associated Banc-Corp (NYSE: ASB) kicked off on Friday, down -0.11% from the previous trading day, before settling in for the closing price of $26.72. Over the past 52 weeks, ASB has traded in a range of $17.30-$28.18.
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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%. While this was happening, its average annual earnings per share was recorded -6.23%. With a float of $161.55 million, this company’s outstanding shares have now reached $163.25 million.
In terms of profitability, gross margin is 117.05%, operating margin of 12.48%, and the pretax margin is 10.66%.
Associated Banc-Corp (ASB) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Associated Banc-Corp is 1.04%, while institutional ownership is 79.12%. The most recent insider transaction that took place on Nov 08 ’24, was worth 826,455. In this transaction Executive Vice President of this company sold 30,777 shares at a rate of $26.85, taking the stock ownership to the 37,087 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Executive Vice President sold 25,923 for $26.64, making the entire transaction worth $690,666. This insider now owns 12,939 shares in total.
Associated Banc-Corp (ASB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -6.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.25% 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
Take a look at Associated Banc-Corp’s (ASB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99. Likewise, its price to free cash flow for the trailing twelve months is 8.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.23 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 1.82 million was superior to 1.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 41.94%. Additionally, its Average True Range was 0.75.
During the past 100 days, Associated Banc-Corp’s (ASB) raw stochastic average was set at 82.30%, which indicates a significant increase from 37.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.82% in the past 14 days, which was lower than the 39.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.81, while its 200-day Moving Average is $21.90. Now, the first resistance to watch is $26.96. This is followed by the second major resistance level at $27.22. The third major resistance level sits at $27.48. If the price goes on to break the first support level at $26.44, it is likely to go to the next support level at $26.18. The third support level lies at $25.92 if the price breaches the second support level.
Associated Banc-Corp (NYSE: ASB) Key Stats
The company with the Market Capitalisation of 4.35 billion has total of 151,255K Shares Outstanding. Its annual sales at the moment are 2,021 M in contrast with the sum of 182,960 K annual income. Company’s last quarter sales were recorded 607,540 K and last quarter income was 88,020 K.
