Hope Bancorp Inc (NASDAQ: HOPE) on Tuesday, soared 0.66% from the previous trading day, before settling in for the closing price of $10.57. Within the past 52 weeks, HOPE’s price has moved between $8.82 and $14.53.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 8.57%. The company achieved an average annual earnings per share of -6.71%. With a float of $121.44 million, this company’s outstanding shares have now reached $128.06 million.
The extent of productivity of a business whose workforce counts for 1244 workers is very important to gauge. In terms of profitability, gross margin is 99.21%, operating margin of -40.79%, and the pretax margin is 17.91%.
Hope Bancorp Inc (HOPE) Insider Updates
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Hope Bancorp Inc is 5.17%, while institutional ownership is 83.54%. 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 -6.71% per share during the next fiscal year.
Hope Bancorp Inc (NASDAQ: HOPE) Trading Performance Indicators
Hope Bancorp Inc (HOPE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 13.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.78, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 1.23 in one year’s time.
Technical Analysis of Hope Bancorp Inc (HOPE)
The latest stats from [Hope Bancorp Inc, HOPE] show that its last 5-days average volume of 0.96 million was inferior to 0.98 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.00%. Additionally, its Average True Range was 0.32.
During the past 100 days, Hope Bancorp Inc’s (HOPE) raw stochastic average was set at 39.31%, which indicates a significant decrease from 91.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.43% in the past 14 days, which was lower than the 32.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.10, while its 200-day Moving Average is $11.86. Now, the first resistance to watch is $10.71. This is followed by the second major resistance level at $10.77. The third major resistance level sits at $10.86. If the price goes on to break the first support level at $10.56, it is likely to go to the next support level at $10.47. Assuming the price breaks the second support level, the third support level stands at $10.40.
Hope Bancorp Inc (NASDAQ: HOPE) Key Stats
Market capitalization of the company is 1.36 billion based on 128,056K outstanding shares. Right now, sales total 1,001 M and income totals 99,630 K. The company made 232,850 K in profit during its latest quarter, and 21,100 K in sales during its previous quarter.
