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After finishing at $81.65 in the prior trading day, Western Alliance Bancorp (NYSE: WAL) closed at $80.77, down -1.08%. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 0.99 million shares were traded. WAL stock price reached its highest trading level at $81.47 during the session, while it also had its lowest trading level at $79.985.
Ratios:
Our goal is to gain a better understanding of WAL by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.37.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 8890272768 and an Enterprise Value of 10303526912. As of this moment, Western’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.48, and their Forward P/E ratio for the next fiscal year is 9.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 3.54.
Stock Price History:
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 -8.62%, while the 200-Day Moving Average is calculated to be 7.47%.
Shares Statistics:
The stock has traded on average 1.14M shares per day over the past 3-months and 760890 shares per day over the last 10 days, according to various share statistics. A total of 110.07M shares are outstanding, with a floating share count of 108.41M. Insiders hold about 1.51% of the company’s shares, while institutions hold 90.31% stake in the company. Shares short for WAL as of 1734048000 were 6375262 with a Short Ratio of 5.60, compared to 1731628800 on 6939775. Therefore, it implies a Short% of Shares Outstanding of 6375262 and a Short% of Float of 5.96.
Dividends & Splits
In the trailing 12 months, WAL’s forward annual dividend rate was 1.48, compared to 1.49 this year. Against a Trailing Annual Dividend Yield of 0.018126149The stock’s 5-year Average Dividend Yield is 2.07.
