Western Alliance Bancorp (WAL) ticks all the boxes for top investors with its surprise performance of -14.28% last month.

On Tuesday, Western Alliance Bancorp (NYSE: WAL) was 3.35% up from the session before settling in for the closing price of $63.93. A 52-week range for WAL has been $53.75 – $98.10.

Annual sales at Financial sector company grew by 33.50% over the past five years. When this article was written, the company’s average yearly earnings per share was at 22.92%. With a float of $108.75 million, this company’s outstanding shares have now reached $110.05 million.

Let’s look at the performance matrix of the company that is accounted for 3524 employees. In terms of profitability, gross margin is 116.37%, operating margin of 21.1%, and the pretax margin is 25.56%.

Western Alliance Bancorp (WAL) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Western Alliance Bancorp stocks. The insider ownership of Western Alliance Bancorp is 1.54%, while institutional ownership is 89.92%. The most recent insider transaction that took place on Nov 13 ’24, was worth 94,360. In this transaction Director of this company sold 1,000 shares at a rate of $94.36, taking the stock ownership to the 16,675 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director proposed sale 1,000 for $94.58, making the entire transaction worth $94,583.

Western Alliance Bancorp (WAL) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 22.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.83% during the next five years compared to 7.93% growth over the previous five years of trading.

Western Alliance Bancorp (NYSE: WAL) Trading Performance Indicators

You can see what Western Alliance Bancorp (WAL) 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 1.45. Likewise, its price to free cash flow for the trailing twelve months is 81.90.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.09, a number that is poised to hit 1.78 in the next quarter and is forecasted to reach 10.52 in one year’s time.

Technical Analysis of Western Alliance Bancorp (WAL)

Western Alliance Bancorp (NYSE: WAL) saw its 5-day average volume 1.88 million, a positive change from its year-to-date volume of 1.31 million. As of the previous 9 days, the stock’s Stochastic %D was 39.32%. Additionally, its Average True Range was 4.73.

During the past 100 days, Western Alliance Bancorp’s (WAL) raw stochastic average was set at 21.98%, which indicates a significant decrease from 38.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.03% in the past 14 days, which was higher than the 50.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $78.95, while its 200-day Moving Average is $81.93. Nevertheless, the first resistance level for the watch stands at $67.33 in the near term. At $68.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $70.19. If the price goes on to break the first support level at $64.48, it is likely to go to the next support level at $62.88. The third support level lies at $61.62 if the price breaches the second support level.

Western Alliance Bancorp (NYSE: WAL) Key Stats

There are 110,454K outstanding shares of the company, which has a market capitalization of 7.30 billion. As of now, sales total 5,084 M while income totals 787,700 K. Its latest quarter income was 1,311 M while its last quarter net income were 216,900 K.