Hancock Whitney Corp. (NASDAQ:HWC) shares, rose in value, with the stock price up by 1.21% to the previous day’s close as strong demand from buyers drove the stock to $46.74.
Actively observing the price movement in the last trading, the stock closed the session at $46.18. The PE ratio was 10.87 over 12-month period. Referring to stock’s 52-week performance, its high was $49.65, and the low was $31.02. On the whole, HWC has fluctuated by 2.21% over the past month.
The company’s Forward Dividend Ratio is 1.20, with its dividend yield at 2.57%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.45B, with a low estimate of 356.04M and a high estimate of 361.96M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 359.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HWC’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.36, with the price of HWC currently trading nearly 5.83% and 6.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.69, while the 7-day volatility ratio is showing 2.87% which for the 30-day chart, stands at 2.89%. Furthermore, Hancock Whitney Corp. (HWC)’s beta value is 1.32, and its average true range (ATR) is 1.34.
A comparison of Hancock Whitney Corp. (HWC) with its peers suggests the former has fared considerably weaker in the market. HWC showed an intraday change of 1.21% in last session, and over the past year, it grew by 30.70%%.
Data on historical trading for Hancock Whitney Corp. (NASDAQ:HWC) indicates that the trading volumes over the past 3 months, they’ve averaged 502.28K. According to company’s latest data on outstanding shares, there are 86.34 million shares outstanding.
Nearly 1.15% of Hancock Whitney Corp.’s shares belong to company insiders and institutional investors own 81.54% of the company’s shares. The stock has fallen by -3.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HWC stock heading into the next quarter.
