On Tuesday, Eastern Bankshares Inc (NASDAQ: EBC) opened higher 0.26% from the last session, before settling in for the closing price of $15.66. Price fluctuations for EBC have ranged from $12.66 to $19.40 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 16.55% annually for the last half of the decade. Company’s average yearly earnings per share was noted 44.58% at the time writing. With a float of $193.96 million, this company’s outstanding shares have now reached $211.56 million.
In an organization with 1998 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 110.37%, operating margin of 24.77%, and the pretax margin is -16.27%.
Eastern Bankshares Inc (EBC) Insider Updates
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Eastern Bankshares Inc is 8.11%, while institutional ownership is 69.08%. The most recent insider transaction that took place on May 13 ’25, was worth 73,539. Before that another transaction happened on Mar 11 ’25, when Company’s Chief Financial Officer bought 10,000 for $15.40, making the entire transaction worth $154,000. This insider now owns 20,000 shares in total.
Eastern Bankshares Inc (EBC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.58% per share during the next fiscal year.
Eastern Bankshares Inc (NASDAQ: EBC) Trading Performance Indicators
Check out the current performance indicators for Eastern Bankshares Inc (EBC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.82. Likewise, its price to free cash flow for the trailing twelve months is 11.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.66, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.92 in one year’s time.
Technical Analysis of Eastern Bankshares Inc (EBC)
Let’s dig in a bit further. During the last 5-days, its volume was 1.36 million. That was better than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.13%. Additionally, its Average True Range was 0.52.
During the past 100 days, Eastern Bankshares Inc’s (EBC) raw stochastic average was set at 38.73%, which indicates a significant decrease from 79.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.31% in the past 14 days, which was lower than the 36.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.58, while its 200-day Moving Average is $16.76. However, in the short run, Eastern Bankshares Inc’s stock first resistance to watch stands at $15.79. Second resistance stands at $15.89. The third major resistance level sits at $16.00. If the price goes on to break the first support level at $15.58, it is likely to go to the next support level at $15.47. Assuming the price breaks the second support level, the third support level stands at $15.37.
Eastern Bankshares Inc (NASDAQ: EBC) Key Stats
There are currently 213,500K shares outstanding in the company with a market cap of 3.31 billion. Presently, the company’s annual sales total 1,071 M according to its annual income of 119,560 K. Last quarter, the company’s sales amounted to 29,590 K and its income totaled -217,670 K.
