On Tuesday, Northwest Bancshares Inc (NASDAQ: NWBI) opened higher 0.75% from the last session, before settling in for the closing price of $13.32. Price fluctuations for NWBI have ranged from $10.45 to $15.42 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 8.91%. Company’s average yearly earnings per share was noted -6.52% at the time writing. With a float of $120.79 million, this company’s outstanding shares have now reached $127.40 million.
Let’s determine the extent of company efficiency that accounts for 2098 employees. In terms of profitability, gross margin is 97.21%, operating margin of 19.65%, and the pretax margin is 18.48%.
Northwest Bancshares Inc (NWBI) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Northwest Bancshares Inc is 5.19%, while institutional ownership is 67.42%. The most recent insider transaction that took place on Jul 26 ’24, was worth 192,999. In this transaction SEVP, Chief Operating Officer of this company sold 13,614 shares at a rate of $14.18, taking the stock ownership to the 208,302 shares. Before that another transaction happened on Jul 26 ’24, when Company’s Officer proposed sale 13,614 for $14.14, making the entire transaction worth $192,442.
Northwest Bancshares Inc (NWBI) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 0.80% growth over the previous five years of trading.
Northwest Bancshares Inc (NASDAQ: NWBI) Trading Performance Indicators
Check out the current performance indicators for Northwest Bancshares Inc (NWBI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.34. Likewise, its price to free cash flow for the trailing twelve months is 7.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.76, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.06 in one year’s time.
Technical Analysis of Northwest Bancshares Inc (NWBI)
Looking closely at Northwest Bancshares Inc (NASDAQ: NWBI), its last 5-days average volume was 1.14 million, which is a jump from its year-to-date volume of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 18.68%. Additionally, its Average True Range was 0.37.
During the past 100 days, Northwest Bancshares Inc’s (NWBI) raw stochastic average was set at 34.21%, which indicates a significant increase from 20.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.16% in the past 14 days, which was lower than the 31.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.09, while its 200-day Moving Average is $12.56. However, in the short run, Northwest Bancshares Inc’s stock first resistance to watch stands at $13.49. Second resistance stands at $13.55. The third major resistance level sits at $13.68. If the price goes on to break the first support level at $13.30, it is likely to go to the next support level at $13.17. Now, if the price goes above the second support level, the third support stands at $13.11.
Northwest Bancshares Inc (NASDAQ: NWBI) Key Stats
There are currently 127,400K shares outstanding in the company with a market cap of 1.71 billion. Presently, the company’s annual sales total 701,750 K according to its annual income of 134,960 K. Last quarter, the company’s sales amounted to 199,210 K and its income totaled 33,620 K.
