The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing 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
As of close of business last night, Western Alliance Bancorp’s stock clocked out at $80.32, down -1.67% from its previous closing price of $81.68. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 0.6 million shares were traded. WAL stock price reached its highest trading level at $81.69 during the session, while it also had its lowest trading level at $79.65.
Ratios:
To gain a deeper understanding of WAL’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.24.
On March 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $91.
Wells Fargo Downgraded its Overweight to Equal Weight on January 30, 2024, whereas the target price for the stock was revised from $62 to $72.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 30 ’24 when JOHNSON MARIANNE BOYD bought 12,516 shares for $81.00 per share.
Kennedy Barbara sold 11,083 shares of WAL for $904,262 on Aug 26 ’24. The Chief Human Resources Officer now owns 7,977 shares after completing the transaction at $81.59 per share. On Aug 26 ’24, another insider, Kennedy Barbara, who serves as the Officer of the company, bought 11,083 shares for $81.59 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WAL now has a Market Capitalization of 8991823872 and an Enterprise Value of 11412819968. As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.09, and their Forward P/E ratio for the next fiscal year is 8.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 4.04.
Stock Price History:
Over the past 52 weeks, WAL has reached a high of $83.23, while it has fallen to a 52-week low of $38.81. The 50-Day Moving Average of the stock is 10.60%, while the 200-Day Moving Average is calculated to be 27.17%.
Shares Statistics:
It appears that WAL traded 1.05M shares on average per day over the past three months and 697340 shares per day over the past ten days. A total of 109.47M shares are outstanding, with a floating share count of 108.33M. Insiders hold about 1.59% of the company’s shares, while institutions hold 84.38% stake in the company. Shares short for WAL as of 1723680000 were 5177598 with a Short Ratio of 4.91, compared to 1721001600 on 5052453. Therefore, it implies a Short% of Shares Outstanding of 5177598 and a Short% of Float of 4.84.
Dividends & Splits
With its trailing 12-month dividend rate of 1.47, WAL has a forward annual dividend rate of 1.48. Against a Trailing Annual Dividend Yield of 0.017997062The stock’s 5-year Average Dividend Yield is 2.0.
