East West Bancorp, Inc (NASDAQ: EWBC) is -5.56% lower on its value in year-to-date trading and has touched a low of $68.78 and a high of $113.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EWBC stock was last observed hovering at around $90.30 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $90.44, the stock is -6.04% and -7.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 0.16% at the moment leaves the stock 2.11% off its SMA200. EWBC registered 25.33% gain for a year compared to 6-month gain of 7.58%.
The stock witnessed a -9.68% loss in the last 1 month and extending the period to 3 months gives it a -17.54%, and is -3.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.56% over the week and 2.49% over the month.
East West Bancorp, Inc (EWBC) has around 3100 employees, a market worth around $12.52B and $4.46B in sales. Current P/E ratio is 10.85 and Fwd P/E is 9.45. Profit margin for the company is 26.15%. Distance from 52-week low is 31.49% and -20.63% from its 52-week high. The company has generated returns on investments over the last 12 months (14.85%).
The EPS is expected to grow by 4.12% this year
The shares outstanding are 138.44M, and float is at 137.03M with Short Float at 2.41%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.18 million shares valued at $1.04 billion. The investor’s holdings represent 10.1724 of the EWBC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 12.7 million shares valued at $930.1 million to account for 9.1106 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 9.66 million shares representing 6.9509 and valued at over $707.22 million, while FMR LLC holds 5.5565 of the shares totaling 7.75 million with a market value of $567.26 million.
East West Bancorp, Inc (EWBC) Insider Activity
A total of 0 insider transactions have happened at East West Bancorp, Inc (EWBC) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by LIU JACK C, the company’s Director. SEC filings show that LIU JACK C sold 1,275 shares of the company’s common stock on Jan 30 ’25 at a price of $104.53 per share for a total of $0.13 million. Following the sale, the insider now owns 14557.0 shares.
East West Bancorp, Inc disclosed in a document filed with the SEC on Jan 28 ’25 that LIU JACK C (Director) sold a total of 725 shares of the company’s common stock. The trade occurred on Jan 28 ’25 and was made at $104.50 per share for $75762.0. Following the transaction, the insider now directly holds 15832.0 shares of the EWBC stock.
Still, SEC filings show that on Jan 28 ’25, LIU JACK C (Director) Proposed Sale 2,000 shares at an average price of $104.50 for $0.21 million. The insider now directly holds shares of East West Bancorp, Inc (EWBC).
East West Bancorp, Inc (EWBC): Who are the competitors?
One of the company’s main competitors (and peers) include First Republic Bank (FRCB) that is trading -85.00% down over the past 12 months.TriCo Bancshares (TCBK) lies in the list of competitors of the East West Bancorp, Inc and is 19.74% higher over the same period from EWBCCathay General Bancorp (CATY) is 10.20% up on the 1-year trading charts.
