With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $107.68 whereas the lowest price it dropped to was $103.75. The 52-week range on EWBC shows that it touched its highest point at $107.33 and its lowest point at $55.62 during that stretch. It currently has a 1-year price target of $104.93. With its current market cap of 14.40 billion, EWBC has annualized dividend of $2.20 while the current yield stands at 2.12%. Beta for the stock currently stands at 1.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EWBC was down-trending over the past week, with a drop of -3.10%, but this was up by 15.21% over a month. Three-month performance surged to 29.56% while six-month performance rose 32.77%. The stock gained 81.82% in the past year, while it has gained 44.32% so far this year. A look at the trailing 12-month EPS for EWBC yields 7.93 with Next year EPS estimates of 8.61. For the next quarter, that number is 2.11. This implies an EPS growth rate of 2.01% for this year and 3.16% for next year. EPS is expected to grow by 5.06% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.19%.
Float and Shares Shorts:
At present, 140.03 million EWBC shares are outstanding with a float of 137.19 million shares on hand for trading. On 2024-10-31, short shares totaled 4.47 million, which was 323.00000000000006 higher than short shares on 1727654400. In addition to Mr. Christopher J. Del Moral-Niles CFA as the firm’s Executive VP & CFO, Mr. Parker L. Shi serves as its Executive VP & COO.
Institutional Ownership:
Through their ownership of 0.92762 of EWBC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EWBC since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EWBC analysts setting a high price target of 110.0 and a low target of 95.0, the average target price over the next 12 months is 104.92857. Based on these targets, EWBC could surge 5.93% to reach the target high and fall by -8.51% to reach the target low. Reaching the average price target will result in a growth of 1.05% from current levels.
Analysts have provided yearly estimates in a range of $8.51455 being high and $8.11434 being low. For EWBC, this leads to a yearly average estimate of $8.34446. The surprise factor in the prior quarter was $1.96. Based on analyst estimates, the high estimate for the next quarter is $2.14 and the low estimate is $1.92. The average estimate for the next quarter is thus $2.02.
