Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Cathay General Bancorp (NASDAQ: CATY) closed at $46.96 down -3.24% from its previous closing price of $48.53. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 0.6 million shares were traded. CATY stock price reached its highest trading level at $48.31 during the session, while it also had its lowest trading level at $46.73.
Ratios:
For a deeper understanding of Cathay General Bancorp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.
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, Jefferies on May 21, 2025, initiated with a Buy rating and assigned the stock a target price of $53.
Piper Sandler Downgraded its Neutral to Underweight on November 06, 2023, while the target price for the stock was maintained at $31.
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 Jun 09 ’25 when TANG ANTHONY M sold 1,222 shares for $44.79 per share. The transaction valued at 54,733 led to the insider holds 186,283 shares of the business.
TANG ANTHONY M sold 1,200 shares of CATY for $53,040 on Jun 06 ’25. The Vice Chairman now owns 187,505 shares after completing the transaction at $44.20 per share. On May 12 ’25, another insider, Lo Thomas M., who serves as the EVP, Chief Admin Officer of the company, sold 729 shares for $45.00 each. As a result, the insider received 32,805 and left with 4,000 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, CATY now has a Market Capitalization of 3256366080 and an Enterprise Value of 2244368384. As of this moment, Cathay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.33, and their Forward P/E ratio for the next fiscal year is 9.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 3.247.
Stock Price History:
The Beta on a monthly basis for CATY is 0.96, which has changed by 0.03801942 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, CATY has reached a high of $55.29, while it has fallen to a 52-week low of $36.06. The 50-Day Moving Average of the stock is 3.61%, while the 200-Day Moving Average is calculated to be 2.51%.
Shares Statistics:
For the past three months, CATY has traded an average of 417.53K shares per day and 539240 over the past ten days. A total of 69.34M shares are outstanding, with a floating share count of 66.34M. Insiders hold about 5.37% of the company’s shares, while institutions hold 75.36% stake in the company. Shares short for CATY as of 1751241600 were 1508996 with a Short Ratio of 3.61, compared to 1748563200 on 1399267. Therefore, it implies a Short% of Shares Outstanding of 1508996 and a Short% of Float of 3.15.
Dividends & Splits
According to the company, the forward annual dividend rate for CATY is 1.36, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 3.46. The current Payout Ratio is 34.40% for CATY, which recently paid a dividend on 2025-05-29 with an ex-dividend date of 2025-05-29. Stock splits for the company last occurred on 2004-09-29 when the company split stock in a 2:1 ratio.