On Friday, Hope Bancorp Inc (NASDAQ: HOPE) trading session started at the price of On Friday, that was -0.44% drop from the session before settling in for the closing price of $11.37. A 52-week range for HOPE has been $9.80 – $14.53.
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A company in the Financial sector has jumped its sales by 8.37% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 0.00%. With a float of $114.62 million, this company’s outstanding shares have now reached $120.76 million.
In an organization with 1244 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 99.7%, operating margin of 24.21%, and the pretax margin is 14.83%.
Hope Bancorp Inc (HOPE) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hope Bancorp Inc stocks. The insider ownership of Hope Bancorp Inc is 5.07%, while institutional ownership is 90.35%. The most recent insider transaction that took place on Jan 30 ’25, was worth 49,509. In this transaction SEVP, Chief Risk Officer of this company sold 4,185 shares at a rate of $11.83, taking the stock ownership to the 19,267 shares. Before that another transaction happened on Jan 30 ’25, when Company’s Officer proposed sale 4,185 for $11.83, making the entire transaction worth $49,509.
Hope Bancorp Inc (HOPE) Performance Highlights and Predictions
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 0.00% per share during the next fiscal year.
Hope Bancorp Inc (NASDAQ: HOPE) Trading Performance Indicators
You can see what Hope Bancorp Inc (HOPE) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35. Likewise, its price to free cash flow for the trailing twelve months is 10.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.82, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 1.28 in one year’s time.
Technical Analysis of Hope Bancorp Inc (HOPE)
Let’s dig in a bit further. During the last 5-days, its volume was 0.47 million. That was inferior than the volume of 0.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.30%. Additionally, its Average True Range was 0.32.
During the past 100 days, Hope Bancorp Inc’s (HOPE) raw stochastic average was set at 2.58%, which indicates a significant decrease from 9.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.89% in the past 14 days, which was lower than the 36.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.24, while its 200-day Moving Average is $12.03. However, in the short run, Hope Bancorp Inc’s stock first resistance to watch stands at $11.49. Second resistance stands at $11.66. The third major resistance level sits at $11.79. If the price goes on to break the first support level at $11.19, it is likely to go to the next support level at $11.07. Assuming the price breaks the second support level, the third support level stands at $10.90.
Hope Bancorp Inc (NASDAQ: HOPE) Key Stats
There are 120,739K outstanding shares of the company, which has a market capitalization of 1.37 billion. As of now, sales total 1,001 M while income totals 99,630 K. Its latest quarter income was 242,500 K while its last quarter net income were 24,340 K.
