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In the latest session, East West Bancorp, Inc. (NASDAQ: EWBC) closed at $83.17 down -5.37% from its previous closing price of $87.89. In other words, the price has decreased by -$5.37 from its previous closing price. On the day, 1.08 million shares were traded. EWBC stock price reached its highest trading level at $88.6 during the session, while it also had its lowest trading level at $82.64.
Ratios:
For a deeper understanding of East West Bancorp, Inc.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.50.
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, Barclays on March 08, 2024, initiated with a Overweight rating and assigned the stock a target price of $106.
On December 08, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $79.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 04, 2023, whereas the target price for the stock was revised from $66 to $76.
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 Jul 26 ’24 when TEO GARY bought 3,450 shares for $87.92 per share.
Estrada Rudolph bought 1,896 shares of EWBC for $166,071 on Jul 26 ’24. On Jul 26 ’24, another insider, TEO GARY, who serves as the Executive Vice President of the company, sold 3,450 shares for $87.73 each. As a result, the insider received 302,668 and left with 15,875 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, EWBC now has a Market Capitalization of 11527694336 and an Enterprise Value of 10278258688. As of this moment, East’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.65, and their Forward P/E ratio for the next fiscal year is 9.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.71 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 4.356.
Stock Price History:
Over the past 52 weeks, EWBC has reached a high of $89.75, while it has fallen to a 52-week low of $49.59. The 50-Day Moving Average of the stock is 10.26%, while the 200-Day Moving Average is calculated to be 17.00%.
Shares Statistics:
For the past three months, EWBC has traded an average of 822.32K shares per day and 947170 over the past ten days. A total of 140.03M shares are outstanding, with a floating share count of 137.69M. Insiders hold about 1.04% of the company’s shares, while institutions hold 93.82% stake in the company. Shares short for EWBC as of 1721001600 were 4009219 with a Short Ratio of 4.88, compared to 1718323200 on 4811763. Therefore, it implies a Short% of Shares Outstanding of 4009219 and a Short% of Float of 3.2800000000000002.
Dividends & Splits
According to the company, the forward annual dividend rate for EWBC is 1.58, from 2.06 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023438388The stock’s 5-year Average Dividend Yield is 2.46.
