Hancock Whitney Corp (NASDAQ: HWC) is -11.33% lower on its value in year-to-date trading and has touched a low of $41.56 and a high of $62.40 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 HWC stock was last observed hovering at around $48.69 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $48.52, the stock is -3.26% and -9.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -0.35% at the moment leaves the stock -9.73% off its SMA200. HWC registered 13.90% gain for a year compared to 6-month loss of -8.51%. The firm has a 50-day simple moving average (SMA 50) of $53.5438 and a 200-day simple moving average (SMA200) of $53.7528.
The stock witnessed a -5.93% gain in the last 1 month and extending the period to 3 months gives it a -18.40%, and is -2.94% 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 5.36% over the week and 5.04% over the month.
Hancock Whitney Corp (HWC) has around 3476 employees, a market worth around $4.18B and $1.91B in sales. Current P/E ratio is 8.95 and Fwd P/E is 8.37. Profit margin for the company is 24.57%. Distance from 52-week low is 16.75% and -22.24% from its 52-week high. The company has generated returns on investments over the last 12 months (10.58%).
with sales reaching $375.99M over the same period.The EPS is expected to grow by 5.04% this year, but quarterly earnings will post 4.48% year-over-year. Quarterly sales are estimated to grow 3.74% in year-over-year returns.
450.0 institutions hold shares in Hancock Whitney Corp (HWC), with institutional investors hold 89.08% of the company’s shares. The shares outstanding are 86.03M, and float is at 84.99M with Short Float at 3.41%. Institutions hold 88.12% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.12 million shares valued at $579.72 million. The investor’s holdings represent 13.9692 of the HWC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.76 million shares valued at $466.72 million to account for 11.2782 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.98 million shares representing 5.7561 and valued at over $238.2 million, while STATE STREET CORP holds 4.8689 of the shares totaling 4.22 million with a market value of $202.06 million.
Hancock Whitney Corp (HWC) Insider Activity
The most recent transaction is an insider sale by HAIRSTON JOHN M, the company’s President & CEO. SEC filings show that HAIRSTON JOHN M sold 18,000 shares of the company’s common stock on Nov 07 ’24 at a price of $59.44 per share for a total of $1.07 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on Oct 29 ’24, PICKERING CHRISTINE L (Director) disposed off 763 shares at an average price of $52.40 for $39981.0. The insider now directly holds 23,518 shares of Hancock Whitney Corp (HWC).
