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The price of Western Alliance Bancorp (NYSE: WAL) closed at $80.51 in the last session, up 3.96% from day before closing price of $77.44. In other words, the price has increased by $3.96 from its previous closing price. On the day, 0.8 million shares were traded. WAL stock price reached its highest trading level at $80.8 during the session, while it also had its lowest trading level at $78.5.
Ratios:
We take a closer look at WAL’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.51.
On October 07, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $83 to $101.
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 Nov 13 ’24 when Segedi Bryan K sold 1,000 shares for $94.36 per share. The transaction valued at 94,360 led to the insider holds 16,675 shares of the business.
Segedi Bryan K bought 1,000 shares of WAL for $94,583 on Nov 13 ’24. On Sep 13 ’24, another insider, LATTA ROBERT P, who serves as the Director of the company, sold 2,955 shares for $81.12 each. As a result, the insider received 239,710 and left with 38,621 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, WAL now has a Market Capitalization of 8892651520 and an Enterprise Value of 11383960576. As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.36, and their Forward P/E ratio for the next fiscal year is 7.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 3.774.
Stock Price History:
The Beta on a monthly basis for WAL is 1.28, which has changed by 0.30931854 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, WAL has reached a high of $98.10, while it has fallen to a 52-week low of $53.75. The 50-Day Moving Average of the stock is -4.95%, while the 200-Day Moving Average is calculated to be -0.73%.
Shares Statistics:
According to the various share statistics, WAL traded on average about 1.16M shares per day over the past 3-months and 1160450 shares per day over the past 10 days. A total of 110.05M shares are outstanding, with a floating share count of 108.75M. Insiders hold about 1.54% of the company’s shares, while institutions hold 90.00% stake in the company. Shares short for WAL as of 1740700800 were 5841991 with a Short Ratio of 5.04, compared to 1738281600 on 4957419. Therefore, it implies a Short% of Shares Outstanding of 5841991 and a Short% of Float of 5.4399999999999995.
Dividends & Splits
The forward annual dividend rate for WAL is 1.50, which was 1.49 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.019240702The stock’s 5-year Average Dividend Yield is 2.08.
