Associated Banc-Corp (NYSE: ASB) on Tuesday, plunged -2.41% from the previous trading day, before settling in for the closing price of $25.72. Within the past 52 weeks, ASB’s price has moved between $19.40 and $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%. The company achieved an average annual earnings per share of -4.74%. With a float of $161.68 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
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Associated Banc-Corp is 0.97%, while institutional ownership is 79.20%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.74% 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
Associated Banc-Corp (ASB) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 7.84.
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 2.38 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 1.3 million was inferior to 1.45 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.50%. Additionally, its Average True Range was 0.67.
During the past 100 days, Associated Banc-Corp’s (ASB) raw stochastic average was set at 63.42%, which indicates a significant increase from 8.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.38% in the past 14 days, which was lower than the 38.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.94, while its 200-day Moving Average is $22.21. Now, the first resistance to watch is $25.59. This is followed by the second major resistance level at $26.09. The third major resistance level sits at $26.43. If the price goes on to break the first support level at $24.75, it is likely to go to the next support level at $24.41. The third support level lies at $23.91 if the price breaches the second support level.
Associated Banc-Corp (NYSE: ASB) Key Stats
Market capitalization of the company is 4.10 billion based on 151,255K outstanding shares. Right now, sales total 2,021 M and income totals 182,960 K. The company made 607,540 K in profit during its latest quarter, and 88,020 K in sales during its previous quarter.
