In the Green: Associated Banc-Corp. (ASB) Closes at 20.66, Up/Down 0.10 from Previous Day

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

In the latest session, Associated Banc-Corp. (NYSE: ASB) closed at $20.66 up 0.10% from its previous closing price of $20.64. In other words, the price has increased by $0.10 from its previous closing price. On the day, 0.72 million shares were traded. ASB stock price reached its highest trading level at $20.71 during the session, while it also had its lowest trading level at $20.33.

Ratios:

For a deeper understanding of Associated Banc-Corp.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.26.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 ’24 when VAN LITH KAREN sold 8,061 shares for $20.48 per share. The transaction valued at 165,091 led to the insider holds 54,114 shares of the business.

VAN LITH KAREN bought 4,940 shares of ASB for $101,319 on Sep 12 ’24. On Sep 12 ’24, another insider, VAN LITH KAREN, who serves as the Director of the company, bought 3,121 shares for $20.54 each.

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 3117614592 and an Enterprise Value of 6367588352. As of this moment, Associated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.75, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 6.381.

Stock Price History:

Over the past 52 weeks, ASB has reached a high of $24.21, while it has fallen to a 52-week low of $15.16. The 50-Day Moving Average of the stock is -4.45%, while the 200-Day Moving Average is calculated to be -2.68%.

Shares Statistics:

For the past three months, ASB has traded an average of 1.37M shares per day and 1220020 over the past ten days. A total of 151.04M shares are outstanding, with a floating share count of 149.39M. Insiders hold about 1.00% of the company’s shares, while institutions hold 85.21% stake in the company. Shares short for ASB as of 1726185600 were 6830566 with a Short Ratio of 5.00, compared to 1723680000 on 6995397. Therefore, it implies a Short% of Shares Outstanding of 6830566 and a Short% of Float of 6.0.

Dividends & Splits

According to the company, the forward annual dividend rate for ASB is 0.88, from 0.87 in the trailing year. Against a Trailing Annual Dividend Yield of 0.042151164The stock’s 5-year Average Dividend Yield is 4.09.

Most Popular