Associated Banc-Corp is part of the financial services sector and is in the banking industry. The company CEO is Philip B. Flynn. Associated Banc-Corp is a commercial bank holding company. It provides banking and related financial services to consumer and commercial customers.
Previous Intraday Trading Performance:
The ASB stock showed a previous change of 0.80% with an open at 22.46 and a close of 22.58. It reached an intraday high of 22.62 and a low of 22.38.
The stock has a market cap of $3.7b with 164.4m shares outstanding, of which the float is 160.2m shares. Trading volume reached 834,496 shares compared to its average volume of 1,497,328 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Associated Banc-Corp shares returned 2.59% and in the past 30 trading days it returned 14.97%. Over three months, it changed -2.45%. In one year it has changed -3.80% and within that year its 52-week high was 29.03 and its 52-week low was 18.53. ASB stock is 21.86% above its 52 Week Low.
Our calculations show a 200 day moving average of 24.94 and a 50 day moving average of 21.15. Currently ASB stock is trading -9.47% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 1.99 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.95. Based on 10 analyst estimates, the consensus EPS for the next quarter is 0.49. The TTM EPS is 1.99, which comes to a TTM PE of 11.35. Historically, the PE high was 21.40 and the PE low was 11.35. ASB stock has set a new PE low record!
The following are the last four quarter reported earnings per share:
The dividend per share is currently 0.68, which is a dividend yield of 3.01%. Also, the payout ratio is 34.17%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 17.62, which means it may be overvalued by -28.17%
Indicators to Watch:
Based on the latest filings, there is 2.50% of insider ownership and 109.70% of institutional ownership. Short-interest is 3,740,077, which is 2.27% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.36. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 1.11
Based on last reported financials, the company’s return on equity is 9.78%, return on assets is 1.01%, profit margin is 22.09%, price-to-sales is 2.44 and price-to-book is 1.05.
All scores are out of six:
3 :Valuation Score
3 :Past Performance Score
6 :Financial Strength Score
1 :Future Growth Score
3 :Dividend Score
3 :Overall Score