With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.28 million shares. The 52-week range on EWBC shows that it touched its highest point at $113.95 and its lowest point at $68.27 during that stretch. It currently has a 1-year price target of $100.25. With its current market cap of 12.04 billion, EWBC has annualized dividend of $2.30 while the current yield stands at 2.63%. Beta for the stock currently stands at 0.91.
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 up-trending over the past week, with a rise of 2.16%, but this was up by 20.85% over a month. Three-month performance dropped to -13.77% while six-month performance fell -10.22%. The stock gained 14.04% in the past year, while it has lost -8.73% so far this year. A look at the trailing 12-month EPS for EWBC yields 8.38 with Next year EPS estimates of 9.54. For the next quarter, that number is 2.21. This implies an EPS growth rate of 5.70% for this year and 8.35% for next year. EPS is expected to grow by 8.13% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.55%.
Float and Shares Shorts:
At present, 137.80 million EWBC shares are outstanding with a float of 136.34 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.468 being high and $8.28868 being low. For EWBC, this leads to a yearly average estimate of $8.34845.
