On Friday, East West Bancorp, Inc (NASDAQ: EWBC) opened higher 1.10% from the last session, before settling in for the closing price of $94.87. Price fluctuations for EWBC have ranged from $67.27 to $113.95 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 19.13% annually for the last half of the decade. Company’s average yearly earnings per share was noted 1.92% at the time writing. With a float of $137.22 million, this company’s outstanding shares have now reached $138.61 million.
In an organization with 3206 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 66.77%, operating margin of 36.25%, and the pretax margin is 32.89%.
East West Bancorp, Inc (EWBC) Insider Updates
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of East West Bancorp, Inc is 1.02%, while institutional ownership is 91.16%. The most recent insider transaction that took place on Nov 12 ’24, was worth 1,279,380. In this transaction Vice Chairman of this company sold 12,000 shares at a rate of $106.61, taking the stock ownership to the 45,403 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Officer proposed sale 12,000 for $105.98, making the entire transaction worth $1,271,760.
East West Bancorp, Inc (EWBC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.92% 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
Check out the current performance indicators for East West Bancorp, Inc (EWBC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.06. Likewise, its price to free cash flow for the trailing twelve months is 9.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.93, a number that is poised to hit 2.10 in the next quarter and is forecasted to reach 8.68 in one year’s time.
Technical Analysis of East West Bancorp, Inc (EWBC)
Let’s dig in a bit further. During the last 5-days, its volume was 1.74 million. That was better than the volume of 0.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.13%. Additionally, its Average True Range was 2.83.
During the past 100 days, East West Bancorp, Inc’s (EWBC) raw stochastic average was set at 54.27%, which indicates a significant increase from 13.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.47% in the past 14 days, which was lower than the 34.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $100.79, while its 200-day Moving Average is $83.25. However, in the short run, East West Bancorp, Inc’s stock first resistance to watch stands at $97.22. Second resistance stands at $98.52. The third major resistance level sits at $100.13. If the price goes on to break the first support level at $94.31, it is likely to go to the next support level at $92.70. Assuming the price breaks the second support level, the third support level stands at $91.40.
East West Bancorp, Inc (NASDAQ: EWBC) Key Stats
There are currently 138,629K shares outstanding in the company with a market cap of 13.44 billion. Presently, the company’s annual sales total 3,989 M according to its annual income of 1,161 M. Last quarter, the company’s sales amounted to 1,161 M and its income totaled 299,170 K.
