The leading market experts have placed a mean price target of $40.75 on East West Bancorp, Inc. (NASDAQ:EWBC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.71 a share for the upcoming quarter and $2.85 for the current fiscal.
The technical analysis of East West Bancorp, Inc. plainly substantiates that the 50-day moving average of East West Bancorp, Inc. is $34.97, and stock is trading $2.49 points away or +7.12% from its 50-day moving average of $34.97. Further it is trading $2.86 or +8.27% away its 200-day moving average of $34.60. East West Bancorp, Inc. (NASDAQ:EWBC) 52-week high is $43.94 and the 52-week low is $27.25.
This explains if the stock moves $-6.48, it will post a 52-week high. In event of +37.47% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of East West Bancorp, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, East West Bancorp, Inc. (NASDAQ:EWBC) ratio came in at 13.72.
The stock last ended the trading session at $37.46 and registered a market cap of $5.40B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. East West Bancorp, Inc. (NASDAQ:EWBC) PEG ratio is at 1.44.
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