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

Latest Valuation: Westamerica Bancorporation (NASDAQ: WABC)

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Westamerica Bancorporation trades as part of the banking industry and 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 0.10% with an open at 60.85 and a close of 60.86. It reached an intraday high of 61.57 and a low of 60.74.

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

Liquidity:

The stock has a market cap of $1.6b with 26.9m shares outstanding, of which the float is 26.8m shares. Trading volume reached 60,772 shares compared to its average volume of 80,110 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 0.45% and in the past 30 trading days it returned -4.26%. Over three months, it changed -0.43%. In one year it has changed 4.77% and within that year its 52-week high was 65.39 and its 52-week low was 52.05. WABC stock is 16.93% above its 52 Week Low.

Our calculations show a 200 day moving average of 60.61 and a 50 day moving average of 62.32. Currently WABC stock is trading 0.42% 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 22.79.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/18/2019): 0.73
4thQtr of 2018 (Reported on 01/17/2019): 0.71
3rdQtr of 2018 (Reported on 10/18/2018): 0.63
2ndQtr of 2018 (Reported on 07/19/2018): 0.67
1stQtr of 2018 (Reported on 04/19/2018): 0.66

The dividend per share is currently 1.64, which is a dividend yield of 2.69%.

Base on our calculations, the intrinsic value per share is 50.09, which means it may be overvalued by -21.49%.

Indicators to Watch:

The current calculated beta is 1.00.

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 8.25 and price-to-book is 2.49.

Company Scores:

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