A new trading day began on Friday, with Associated Banc-Corp (NYSE: ASB) stock price up 0.04% from the previous day of trading, before settling in for the closing price of $25.13. ASB’s price has ranged from $19.40 to $28.18 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 9.76%. Meanwhile, its annual earnings per share averaged 2.71%. With a float of $161.66 million, this company’s outstanding shares have now reached $166.18 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Associated Banc-Corp is 0.98%, while institutional ownership is 79.13%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.71% per share during the next fiscal year.
Associated Banc-Corp (NYSE: ASB) Trading Performance Indicators
Here are Associated Banc-Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94. Likewise, its price to free cash flow for the trailing twelve months is 7.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.72 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 1.84 million was superior to 1.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.80%. Additionally, its Average True Range was 0.68.
During the past 100 days, Associated Banc-Corp’s (ASB) raw stochastic average was set at 61.90%, which indicates a significant decrease from 76.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.79% in the past 14 days, which was lower than the 36.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.23, while its 200-day Moving Average is $22.74. Now, the first resistance to watch is $25.42. This is followed by the second major resistance level at $25.71. The third major resistance level sits at $25.93. If the price goes on to break the first support level at $24.91, it is likely to go to the next support level at $24.69. Assuming the price breaks the second support level, the third support level stands at $24.40.
Associated Banc-Corp (NYSE: ASB) Key Stats
With a market capitalization of 4.10 billion, the company has a total of 151,255K Shares Outstanding. Currently, annual sales are 2,113 M while annual income is 123,150 K. The company’s previous quarter sales were 321,950 K while its latest quarter income was -161,620 K.
