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The price of Associated Banc-Corp. (NYSE: ASB) closed at $23.68 in the last session, up 1.81% from day before closing price of $23.26. In other words, the price has increased by $1.81 from its previous closing price. On the day, 1.08 million shares were traded. ASB stock price reached its highest trading level at $23.88 during the session, while it also had its lowest trading level at $23.14.
Ratios:
We take a closer look at ASB’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.36.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $22.
Wells Fargo Downgraded its Overweight to Equal Weight on October 04, 2023, while the target price for the stock was maintained at $18.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 06 ’24 when Utz John A. sold 2,500 shares for $22.18 per share. The transaction valued at 55,438 led to the insider holds 100,922 shares of the business.
Kitowski Nicole M sold 5,019 shares of ASB for $106,578 on Apr 30 ’24. The Executive Vice President now owns 37,993 shares after completing the transaction at $21.23 per share. On Mar 06 ’24, another insider, VAN LITH KAREN, who serves as the Director of the company, sold 5,499 shares for $21.28 each. As a result, the insider received 117,019 and left with 61,178 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, ASB now has a Market Capitalization of 3570162688 and an Enterprise Value of 5483952640. As of this moment, Associated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.20, and their Forward P/E ratio for the next fiscal year is 10.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 5.481.
Stock Price History:
The Beta on a monthly basis for ASB is 0.95, which has changed by 0.25224745 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, ASB has reached a high of $23.72, while it has fallen to a 52-week low of $15.16. The 50-Day Moving Average of the stock is 11.53%, while the 200-Day Moving Average is calculated to be 17.59%.
Shares Statistics:
According to the various share statistics, ASB traded on average about 1.18M shares per day over the past 3-months and 1375500 shares per day over the past 10 days. A total of 151.04M shares are outstanding, with a floating share count of 149.00M. Insiders hold about 1.17% of the company’s shares, while institutions hold 82.55% stake in the company. Shares short for ASB as of 1719532800 were 5949011 with a Short Ratio of 5.04, compared to 1717113600 on 6610047. Therefore, it implies a Short% of Shares Outstanding of 5949011 and a Short% of Float of 5.2299999999999995.
Dividends & Splits
The forward annual dividend rate for ASB is 0.87, which was 0.86 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.036973346The stock’s 5-year Average Dividend Yield is 4.07. The current Payout Ratio is 75.24% for ASB, which recently paid a dividend on 2024-06-03 with an ex-dividend date of 1717372800. Stock splits for the company last occurred on 2004-05-13 when the company split stock in a 3:2 ratio.
