In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, East West Bancorp, Inc (NASDAQ: EWBC) closed at $105.87 down -0.65% from its previous closing price of $106.56. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 0.57 million shares were traded. EWBC stock price reached its highest trading level at $107.88 during the session, while it also had its lowest trading level at $105.74.
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 0.47 whereas as Long-Term Debt/Eq ratio is at 0.47.
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 Nov 12 ’24 when KRAUSE DOUGLAS PAUL sold 12,000 shares for $106.61 per share. The transaction valued at 1,279,380 led to the insider holds 45,403 shares of the business.
KRAUSE DOUGLAS PAUL bought 12,000 shares of EWBC for $1,271,760 on Nov 11 ’24. On Nov 06 ’24, another insider, SUSSMAN LESTER, who serves as the Director of the company, sold 1,000 shares for $105.94 each. As a result, the insider received 105,940 and left with 23,573 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 14676652032 and an Enterprise Value of 13127432192. As of this moment, East’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.36, and their Forward P/E ratio for the next fiscal year is 12.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 5.438.
Stock Price History:
Over the past 52 weeks, EWBC has reached a high of $113.95, while it has fallen to a 52-week low of $66.39. The 50-Day Moving Average of the stock is 9.45%, while the 200-Day Moving Average is calculated to be 29.50%.
Shares Statistics:
For the past three months, EWBC has traded an average of 802.87K shares per day and 719550 over the past ten days. A total of 138.61M shares are outstanding, with a floating share count of 137.22M. Insiders hold about 1.01% of the company’s shares, while institutions hold 91.17% stake in the company. Shares short for EWBC as of 1731628800 were 4290631 with a Short Ratio of 5.34, compared to 1728950400 on 5003886. Therefore, it implies a Short% of Shares Outstanding of 4290631 and a Short% of Float of 3.5000000000000004.
Dividends & Splits
According to the company, the forward annual dividend rate for EWBC is 2.20, from 2.13 in the trailing year. Against a Trailing Annual Dividend Yield of 0.01998874The stock’s 5-year Average Dividend Yield is 2.46.
