A new trading day began on Thursday, with Hope Bancorp Inc (NASDAQ: HOPE) stock price up 1.28% from the previous day of trading, before settling in for the closing price of $9.40. HOPE’s price has ranged from $8.82 to $14.53 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 8.57%. Meanwhile, its annual earnings per share averaged -3.96%. With a float of $121.29 million, this company’s outstanding shares have now reached $127.88 million.
Let’s determine the extent of company efficiency that accounts for 1244 employees. In terms of profitability, gross margin is 99.63%, operating margin of -43.13%, and the pretax margin is 17.58%.
Hope Bancorp Inc (HOPE) Insider Activity
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 Hope Bancorp Inc is 5.15%, while institutional ownership is 84.80%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.96% per share during the next fiscal year.
Hope Bancorp Inc (NASDAQ: HOPE) Trading Performance Indicators
Here are Hope Bancorp Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 11.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.82, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 1.25 in one year’s time.
Technical Analysis of Hope Bancorp Inc (HOPE)
Looking closely at Hope Bancorp Inc (NASDAQ: HOPE), its last 5-days average volume was 1.06 million, which is a jump from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 53.12%. Additionally, its Average True Range was 0.42.
During the past 100 days, Hope Bancorp Inc’s (HOPE) raw stochastic average was set at 12.59%, which indicates a significant decrease from 40.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.81% in the past 14 days, which was higher than the 31.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.47, while its 200-day Moving Average is $12.00. However, in the short run, Hope Bancorp Inc’s stock first resistance to watch stands at $9.60. Second resistance stands at $9.68. The third major resistance level sits at $9.79. If the price goes on to break the first support level at $9.40, it is likely to go to the next support level at $9.29. Should the price break the second support level, the third support level stands at $9.21.
Hope Bancorp Inc (NASDAQ: HOPE) Key Stats
With a market capitalization of 1.22 billion, the company has a total of 121,075K Shares Outstanding. Currently, annual sales are 1,001 M while annual income is 99,630 K. The company’s previous quarter sales were 242,500 K while its latest quarter income was 24,340 K.
