Eastern Bankshares Inc (NASDAQ: EBC) on Tuesday, soared 1.57% from the previous trading day, before settling in for the closing price of $14.66. Within the past 52 weeks, EBC’s price has moved between $12.97 and $19.40.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 0.41%. The company achieved an average annual earnings per share of 44.58%. With a float of $193.91 million, this company’s outstanding shares have now reached $211.56 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 52.91%, operating margin of -8.87%, and the pretax margin is -8.87%.
Eastern Bankshares Inc (EBC) Insider and Institutional Ownership
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. 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
Eastern Bankshares Inc (EBC) 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 3.62. Likewise, its price to free cash flow for the trailing twelve months is 10.98.
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)
The latest stats from [Eastern Bankshares Inc, EBC] show that its last 5-days average volume of 2.34 million was superior to 1.31 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.84%.
During the past 100 days, Eastern Bankshares Inc’s (EBC) raw stochastic average was set at 24.40%, which indicates a significant decrease from 54.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.51% in the past 14 days, which was lower than the 35.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.00, while its 200-day Moving Average is $16.64. Now, the first resistance to watch is $15.03. This is followed by the second major resistance level at $15.18. The third major resistance level sits at $15.33. If the price goes on to break the first support level at $14.73, it is likely to go to the next support level at $14.58. The third support level lies at $14.43 if the price breaches the second support level.
Eastern Bankshares Inc (NASDAQ: EBC) Key Stats
Market capitalization of the company is 3.14 billion based on 213,500K outstanding shares. Right now, sales total 1,071 M and income totals 119,560 K. The company made 29,590 K in profit during its latest quarter, and -217,670 K in sales during its previous quarter.
