With 1.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.82 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $25.71 whereas the lowest price it dropped to was $25.14. The 52-week range on ASB shows that it touched its highest point at $28.18 and its lowest point at $19.40 during that stretch. It currently has a 1-year price target of $27.78. With its current market cap of 4.14 billion, ASB has annualized dividend of $0.89 while the current yield stands at 3.51%. ASB paid its most recent dividend on 1733097600, while the ex-dividend date for that was 1733097600. Beta for the stock currently stands at 0.92.
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 ASB was up-trending over the past week, with a rise of 6.55%, but this was down by -1.93% over a month. Three-month performance surged to 14.80% while six-month performance rose 8.10%. The stock gained 21.17% in the past year, while it has gained 6.11% so far this year. A look at the trailing 12-month EPS for ASB yields 1.19 with Next year EPS estimates of 2.40. For the next quarter, that number is 0.54. This implies an EPS growth rate of -4.17% for this year and 10.37% for next year. EPS is expected to grow by 5.67% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.80%.
Float and Shares Shorts:
At present, 163.25 million ASB shares are outstanding with a float of 161.66 million shares on hand for trading. On 2024-12-31, short shares totaled 3.65 million, which was 221.0 higher than short shares on 1732838400. In addition to Mr. Andrew John Harmening as the firm’s President, CEO & Director, Mr. Derek S. Meyer serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.80135 of ASB’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 ASB since 5 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 ASB analysts setting a high price target of 30.0 and a low target of 26.0, the average target price over the next 12 months is 27.77778. Based on these targets, ASB could surge 18.3% to reach the target high and rise by 2.52% to reach the target low. Reaching the average price target will result in a growth of 9.53% from current levels.
Analysts have provided yearly estimates in a range of $2.23595 being high and $2.09431 being low. For ASB, this leads to a yearly average estimate of $2.17525. Based on analyst estimates, the high estimate for the next quarter is $0.58 and the low estimate is $0.52. The average estimate for the next quarter is thus $0.55.
