Hancock Whitney Corp (NASDAQ:HWC) shares, rose in value on Friday, January 24, with the stock price down by -0.74% to the previous day’s close as strong demand from buyers drove the stock to $58.97.
Actively observing the price movement in the last trading, the stock closed the session at $59.41, falling within a range of $58.58 and $59.72. The value of beta (5-year monthly) was 1.268 whereas the PE ratio was 11.15 over 12-month period. Referring to stock’s 52-week performance, its high was $62.40, and the low was $41.19. On the whole, HWC has fluctuated by 8.44% over the past month.
With the market capitalization of Hancock Whitney Corp currently standing at about $5.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.50, with its dividend yield at 2.54%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.52B, with a low estimate of 364.4M and a high estimate of 371.75M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 368.12M.
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 100% 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 1.40, with the price of HWC currently trading nearly 3.97% and 2.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.21, while the 7-day volatility ratio is showing 2.79% which for the 30-day chart, stands at 2.60%. Furthermore, Hancock Whitney Corp (HWC)’s beta value is 1.29, and its average true range (ATR) is 1.68.
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 -0.74% in last session, and over the past year, it grew by 26.36%%.
Data on historical trading for Hancock Whitney Corp (NASDAQ:HWC) indicates that the trading volumes over the past 10 days have averaged 0.85 and over the past 3 months, they’ve averaged 570.99K. According to company’s latest data on outstanding shares, there are 86.12 million shares outstanding.
Nearly 1.21% of Hancock Whitney Corp’s shares belong to company insiders and institutional investors own 84.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.25 million shares as on 2024-12-31, resulting in a short ratio of 4.64. According to the data, the short interest in Hancock Whitney Corp (HWC) stood at 351.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 2.21 million. The stock has risen by 7.77% 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.
