Closing Figures Unveiled: Northwest Bancshares Inc (NWBI) Gain 0.23, Closes at 13.30

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Northwest Bancshares Inc (NASDAQ: NWBI) closed the day trading at $13.30 up 0.23% from the previous closing price of $13.27. In other words, the price has increased by $0.23 from its previous closing price. On the day, 0.53 million shares were traded. NWBI stock price reached its highest trading level at $13.34 during the session, while it also had its lowest trading level at $13.05.

Ratios:

For a better understanding of NWBI, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Janney on September 29, 2022, initiated with a Neutral rating and assigned the stock a target price of $15.

On May 06, 2022, Piper Sandler Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $14 to $12.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 26 ’24 when HARVEY WILLIAM W sold 13,614 shares for $14.18 per share. The transaction valued at 192,999 led to the insider holds 208,302 shares of the business.

HARVEY WILLIAM W bought 13,614 shares of NWBI for $192,442 on Jul 26 ’24. On Jul 25 ’24, another insider, Meegan John P, who serves as the Director of the company, sold 7,200 shares for $14.16 each. As a result, the insider received 101,924 and left with 76,324 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NWBI now has a Market Capitalization of 1694034304 and an Enterprise Value of 1948605952. As of this moment, Northwest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.61, and their Forward P/E ratio for the next fiscal year is 13.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 3.961.

Stock Price History:

Over the past 52 weeks, NWBI has reached a high of $14.55, while it has fallen to a 52-week low of $10.09. The 50-Day Moving Average of the stock is -0.18%, while the 200-Day Moving Average is calculated to be 10.01%.

Shares Statistics:

Over the past 3-months, NWBI traded about 673.15K shares per day on average, while over the past 10 days, NWBI traded about 613370 shares per day. A total of 127.11M shares are outstanding, with a floating share count of 120.70M. Insiders hold about 5.24% of the company’s shares, while institutions hold 66.89% stake in the company. Shares short for NWBI as of 1727654400 were 2575622 with a Short Ratio of 3.83, compared to 1724976000 on 3126616. Therefore, it implies a Short% of Shares Outstanding of 2575622 and a Short% of Float of 2.76.

Dividends & Splits

NWBI’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.060286358The stock’s 5-year Average Dividend Yield is 6.22.

Most Popular