Associated Banc-Corp (ASB) concluded trading on Thursday at a closing price of $26.06, with 2.63 million shares of worth about $68.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 26.32% during that period and on December 05, 2024 the price saw a loss of about -0.19%. Currently the company’s common shares owned by public are about 163.25M shares, out of which, 161.55M shares are available for trading.
Stock saw a price change of -2.47% in past 5 days and over the past one month there was a price change of 8.63%. Year-to-date (YTD), ASB shares are showing a performance of 21.83% which increased to 38.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.62 but also hit the highest price of $28.18 during that period. The average intraday trading volume for Associated Banc-Corp shares is 1.69 million. The stock is currently trading -2.52% below its 20-day simple moving average (SMA20), while that difference is up 7.78% for SMA50 and it goes to 18.43% higher than SMA200.
Associated Banc-Corp (NYSE: ASB) currently have 163.25M outstanding shares and institutions hold larger chunk of about 79.20% of that.
The stock has a current market capitalization of $4.25B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 21.89, while it has posted earnings per share of $1.19 in the same period. Its PEG reads 3.50 while making debt-to-equity ratio of 0.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASB, volatility over the week remained 1.93% while standing at 2.76% over the month.
Stock’s fiscal year EPS is expected to drop by -6.04% while it is estimated to increase by 10.02% in next year. EPS is likely to grow at an annualized rate of 6.25% for next 5-years, compared to annual growth of -9.80% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on July 17, 2024 offering a Neutral rating for the stock and assigned a target price of $27 to it. Coverage by Barclays stated Associated Banc-Corp (ASB) stock as an Equal weight in their note to investors on March 08, 2024, suggesting a price target of $22 for the stock. On October 04, 2023, Wells Fargo Downgrade their recommendations, while on September 05, 2023, Robert W. Baird Upgrade their ratings for the stock with a price target of $24. Stock get an Outperform rating from Raymond James on July 06, 2023.
