On Tuesday, Eastern Bankshares Inc (NASDAQ: EBC) was -1.18% drop from the session before settling in for the closing price of $15.27. A 52-week range for EBC has been $12.66 – $19.40.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 16.55%. When this article was written, the company’s average yearly earnings per share was at 44.58%. With a float of $193.96 million, this company’s outstanding shares have now reached $211.60 million.
The extent of productivity of a business whose workforce counts for 1998 workers is very important to gauge. 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
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 8.11%, while institutional ownership is 69.71%. The most recent insider transaction that took place on Mar 11 ’25, was worth 154,000. In this transaction Chief Financial Officer of this company bought 10,000 shares at a rate of $15.40, taking the stock ownership to the 20,000 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Director sold 5,713 for $18.56, making the entire transaction worth $106,033. This insider now owns 67,284 shares in total.
Eastern Bankshares Inc (EBC) Performance Highlights and Predictions
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 3.67. Likewise, its price to free cash flow for the trailing twelve months is 11.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, 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)
The latest stats from [Eastern Bankshares Inc, EBC] show that its last 5-days average volume of 1.45 million was superior to 1.25 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 53.83%. Additionally, its Average True Range was 0.57.
During the past 100 days, Eastern Bankshares Inc’s (EBC) raw stochastic average was set at 27.94%, which indicates a significant decrease from 48.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.69% in the past 14 days, which was higher than the 36.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.82, while its 200-day Moving Average is $16.79. Now, the first resistance to watch is $15.23. This is followed by the second major resistance level at $15.37. The third major resistance level sits at $15.49. If the price goes on to break the first support level at $14.97, it is likely to go to the next support level at $14.85. Assuming the price breaks the second support level, the third support level stands at $14.71.
Eastern Bankshares Inc (NASDAQ: EBC) Key Stats
There are 213,500K outstanding shares of the company, which has a market capitalization of 3.19 billion. As of now, sales total 1,071 M while income totals 119,560 K. Its latest quarter income was 29,600 K while its last quarter net income were -217,700 K.
