Home Sectors Financial Services Latest Trend: Westamerica Bancorporation (NASDAQ: WABC)

Latest Trend: Westamerica Bancorporation (NASDAQ: WABC)

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Westamerica Bancorporation trades as part of the banking industry and is part of the financial services sector. The company CEO is David L. Payne. Westamerica Bancorp is a regional community bank. The bank focuses on commercial clients, such as smaller businesses across the United States.

Previous Intraday Trading Performance:

The WABC stock showed a previous change of 0.19% with an open at 62.18 and a close of 62.04. It reached an intraday high of 62.91 and a low of 61.85.

SeekingAlpha:  Dividend Increases: April 22-26, 2019 (Part 1: Industrials And Financials)

Liquidity:

The stock has a market cap of $1.7b with 26.9m shares outstanding, of which the float is 26.8m shares. Trading volume reached 82,888 shares compared to its average volume of 86,534 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Westamerica Bancorporation shares returned -2.39% and in the past 30 trading days it returned -1.58%. Over three months, it changed -1.09%. In one year it has changed 12.79% and within that year its 52-week high was 65.39 and its 52-week low was 52.05. WABC stock is 19.19% above its 52 Week Low.

Our calculations show a 200 day moving average of 60.59 and a 50 day moving average of 62.33. Currently WABC stock is trading 2.39% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Dividend Increases: April 22-26, 2019 (Part 1: Industrials And Financials)

Earnings:

The last annual fiscal EPS for the company was reported at 2.67 that ended on 31st of December 2018, which according to the previous close, that is a PE of 23.24.

The dividend per share is currently 1.64, which is a dividend yield of 2.64%.

Base on our calculations, the intrinsic value per share is 50.09, which means it may be overvalued by -23.85%

Indicators to Watch:

The current calculated beta is 1.03

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.42%, return on assets is 1.39%, profit margin is 37.43%, price-to-sales is 8.40 and price-to-book is 2.54.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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