On Tuesday, Eastern Bankshares Inc (NASDAQ: EBC) was 1.42% up from the session before settling in for the closing price of $14.75. A 52-week range for EBC has been $12.66 – $19.40.
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A company in the Financial sector has jumped its sales by 11.37% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 44.58%. With a float of $193.91 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 76.23%, operating margin of 25.56%, and the pretax margin is -16.26%.
Eastern Bankshares Inc (EBC) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Eastern Bankshares Inc stocks. The insider ownership of Eastern Bankshares Inc is 8.14%, while institutional ownership is 68.02%. The most recent insider transaction that took place on May 13 ’25, was worth 36,817. In this transaction Director of this company sold 2,348 shares at a rate of $15.68, taking the stock ownership to the 27,187 shares. Before that another transaction happened on May 20 ’25, when Company’s Director sold 2,348 for $15.60, making the entire transaction worth $36,629. This insider now owns 29,011 shares in total.
Eastern Bankshares Inc (EBC) Latest Financial update
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
You can see what Eastern Bankshares Inc (EBC) 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 3.64. Likewise, its price to free cash flow for the trailing twelve months is 11.03.
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 1.5 million. That was better than the volume of 1.25 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.51%. Additionally, its Average True Range was 0.38.
During the past 100 days, Eastern Bankshares Inc’s (EBC) raw stochastic average was set at 25.64%, which indicates a significant decrease from 33.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.18% in the past 14 days, which was lower than the 35.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.28, while its 200-day Moving Average is $16.74. However, in the short run, Eastern Bankshares Inc’s stock first resistance to watch stands at $15.11. Second resistance stands at $15.26. The third major resistance level sits at $15.54. If the price goes on to break the first support level at $14.68, it is likely to go to the next support level at $14.40. The third support level lies at $14.25 if the price breaches the second support level.
Eastern Bankshares Inc (NASDAQ: EBC) Key Stats
There are 213,500K outstanding shares of the company, which has a market capitalization of 3.16 billion. As of now, sales total 1,071 M while income totals 119,560 K. Its latest quarter income was 29,590 K while its last quarter net income were -217,670 K.
